Bad Credit Payday Loans

Life can be very difficult if you have a bad credit history. Sometimes things can be completely overwhelming and it is easier than you think to suddenly find yourself in a difficult financial situation. Things can very quickly escalate when you miss a few payments and threats of legal proceedings can follow very rapidly once your case is logged on to a computer system. If things go against you in Court, you can find yourself with a County Court Judgement (CCJ) lodged against your name and this information is kept on your credit reference file. This credit file is routinely checked by other companies that offer loans or credit, and even a simple thing such as buying a new household appliance, for instance a washing machine, can be fraught with anxiety if you have a bad credit loans history.

If you know that you have a bad credit loans rating, life can be incredibly stressful especially when things go wrong without warning. For example, the car might break down and need urgent repair otherwise you will not be able to work but you have no spare cash to pay the garage. You could do with a small loan to tide you over until the next payday, but you have poor credit and nobody will lend to someone like you, will they? Well, that’s not true because there is help available, even if you have a bad credit record and have CCJ’s or defaults. We offer loans from £80 to £500 for new customers.

A very simple option if you find yourself short during the month because of an unexpected bill is to apply for a payday loan. This is an unsecured loan which means that you do not need to put your home or other asset up as collateral for the loan to be given. A payday loan is especially useful for people with bad credit because small amounts of cash can be obtained very quickly with a short application that can be made by phone or over the internet. There is no need for a credit check to be carried out at all. The only requirements are that you must be over the age of 18, be in verifiable employment and hold a current, valid UK bank account. Applicants, regardless of whether they have bad credit or not, can expect to receive the funds within 24 hours of the application.

Paying the loan back is very straightforward. The loan provider will only lend the money for a very short time that is agreeable to both you and them. Usually, the loan will be paid back by direct debit on your expected pay day or whenever you receive your pay from an employer.

Applications can be made online and the payday loan can be used for any purpose. Please do not hesitate to contact your loan provider if you require any advice at all and they will be happy to run through all your options with you.