Had the conventional lenders denied your loan application earlier? Is your credit score still on the blemished line? The possibility is there to get very bad credit loans from EasyLoansUK.
We have been providing these loans for the last few years, and our borrowers appreciate us. The primary reason is that we provide only affordable loan solutions to everyone.
We offer bad credit loans as second chance loans because you deserve another opening to get the desired borrowing. We have a qualified team that works hard to offer you a suitable personal loan deal, which consists of the following benefits:-
Representative Example: Representative Example: If you borrow £7,000 for 12 months term you will repay £698.35 per month.
|Amount : £7,000 for 12 months||Monthly Repayement Amount -: £698.35||Interest Rate P.A : 34.6% (fixed)|
|Total Interest Repayable : £1,380.15||Total Amount Repayable : £8,380.12||Representative APR : 34.6%|
Warning : Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Considering your second chance, we are ready to back you in boosting your credit profile. Therefore, we have kept simple qualifying criteria to allow loans for people with bad credit from direct lender.
Please go through the guide below to be eligible for our secured and unsecured loans for bad credit.
|Secured Loans for Bad Credit||Unsecured Loans for Bad Credit|
|You should not have more than one bank default or CCJ against your name||You should not bank default more than two times or any other lending institution|
|Not more than two small defaults against any company||You should not have more than two unpaid payments of any lender or company|
|You should have a car or a home to pledge it as security||You should be earning either full-time income or part-time income while applying.|
When other lenders hesitate to claim guaranteed approval, we are determined to bring loans on assured approval. Therefore, we have our names into the most responsible installment loans for bad credit direct lenders only in the UK.
We do not put credit score, collateral or guarantor among the mandatory loan approval criteria. We are much focused on your current income status and repayment capacity. If you are good in this aspect, then we are ready to offer you affordable loans with multiple benefits such as:-
At EasyLoansUK, we vouch for complete financial assistance in your favour. It encourages us to offer loans for bad credit with no guarantor. It is a huge relief for the people with low credit scores, as no one trusts their financial creditworthiness.
Find here the significant loan features that we bring with these loans:-
Is no one agreeing to become your guarantor as you are unemployed and living on benefits? Do not worry because we offer you loans for bad credit with no guarantor and on benefits.
When you do not have any guarantor to support your loan application, you make all the repayments on time in your capacity. It really helps you in bringing credit score improvement.
With us, one thing is for sure that your wish of getting loans for bad credit with no guarantor with no fees from a direct lender. We charge only the interest rates that are mentioned in the initial loan quote.
If you want to make early repayment of the pending instalments, you are welcome to do so. We do not charge extra on your prepayment rather encourage you to prepay if you have the money.
Like the people with bad credit, those with very poor credit scores also wish to have boundary-less borrowing. We cannot say anything about others, but you will be thrilled to know that we among the very bad credit loans direct lenders in the UK.
As a responsible online lender, we understand that people with adverse credit ratings often find themselves in trouble getting financial assistance. Modern-age lending has something relieving for them, and we are a part of it.
Your credit score does not create any obstacle in borrowing desired funds. In fact, it creates an opportunity to get funding and making a better credit record.
Here are the salient features of this loan deal:-
No third party to intervene: The most significant part of our financial assistance is that you do not need any third party to approach us. It means you can obtain very bad credit loans with no guarantor and no broker.
Improve Credit Score: Make the best use of our flexible repayment and improve your credit score. You can choose own repayment term and make all monthly instalments on time. Regular payments pave the way for enhancing credit record.
Acceptance on CCJ: Are you feeling the burden of having County Court Judgement against your name? Well, you should not too much worry about this as our really bad credit loans are also applicable for those with CCJ.
An important note: We do provide loans for bad credit and very bad credit but only affordable loan deals. The offer you get will be based on your current income capacity and ability to make all repayments.
The loan procedure has multiple elements that borrowers have to deal with. One of them is a credit check. Yes, every lender performs this as a mandatory process. However, some do a hard credit check, while some lenders prefer a soft credit check.
We belong to the new-age lending and help our prospective borrowers with bad credit loans with no guarantor and no credit check. We do not check the credit score while analysing the loan application of our borrowers. Instead, we approve a loan for them on the followed basis:-
The facility of no credit check is also applicable for those applying for loans for the first time. They can obtain funds and, at the same time, build a positive credit record.
We fund your dream of having your own income. Apply now for our bad credit business loans and start your venture.
Do you want to expand your business wings? We support you in this and arrange specific funding for business expansion.
Running a small business or a large one, you need to purchase equipment time to time. With our funding, you can easily purchase anything.
Have you got a useful project for your business? Give a full commitment to this without worrying about adequate funding.
Do you want to fund your start-up business? Is no one supporting you due to your poor credit history? If yes, approach us as your financial ally because we have exclusive business loans for bad credit people. Show your business plan and earning capacity, and we are ready to fund your commercial needs. Besides, repayment terms also make it easier for you to complete the loan term easily.
Poor credit loans have become a trend in the UK marketplace. You may wonder why only we to approach for these loans. Well, we do not want to appreciate us when our borrowers have already appreciated our quick lending service.
The significant feature of our financial assistance (or, in fact, the major difference between other lenders and us) is same day loans for bad credit people.
You apply today, and you get approval as well as a fund transfer on the same day. Our 100% online procedure makes this possible that happens without documentation. Besides, you receive an initial no-obligation quote, and the features will remain exact throughout the loan term.
If we are EasyLoansUK, then we offer easy loans to UK people with bad credit. We are here to turn your fortune where your credit history does not dominate your recent credit record. Apply now by pursuing the following procedure.
You cannot get better than having an acceptance on bad credit loan with a straightforward procedure. We want that you borrow funds with no obstacles but with ample opportunities. These opportunities are for gaining necessary funds and stabilise your finances with a better credit record.
Yes, you can get the loan approval even with very poor credit history. But the lender may charge high-interest rate as compared to a person with a less-than-stellar credit score. If you want to reduce the APR, follow the below mentioned ways:
Small amount: The best way to get approval is to ask for small amount that you need at most.
Guarantor: It is one of the easiest ways to get large amount with adverse credit score. Find a person to take your responsibility of paying the whole amount in case of default.
Collateral: You can use your asset too to reduce the APR.
If you are applying for bad credit loans, then you should know that it is a short term loan for those who are struggling to get any funds. Thus, the maximum repayment term of the loan can be extended up to 12 months as per the borrower convenience.
If you are applying at EasyLoans, then you can get guaranteed approval bad credit loans. The lending team will go through your financial records such as your income, employment history and others. Depending on these factors, the interest rate and the amount will be decided.
Applying for the loans can be done through both traditional and modern lending firms. But when it comes to bad credit, the online lenders like EasyLoans suit more to the borrowers’ aspirations. They have flexible lending policies that include competitive APRs, flexible repayments and no credit check.
You can approach the lender for the instant loan approval too.