Bad Credit Loans

Below you will see a variety of Bad Credit Loan providers. Whether they are direct lenders or loan brokers, you are likely to find the loan you need – regardless of your previous circumstances.

More flexible than payday loans or logbook loans, a bad credit loan could be either an unsecured or secured loan. Generally, you will be offered a range of loans to choose from and no matter if you are self employed, unemployed, retired, in a full time job, there will be a lender willing to take you on.

Many people find it difficult to find a loan nowadays, especially as mainstream banks and building societies are stricter than ever about which applicants they approve. A bad credit loan provider will consider your case even if you have a bad credit history, defaults, CCJs or mortgage arrears against your name.

Remember that it is always wise to consider whether or not you are suitable to borrow – especially if you are offered a secured loan. A secured loan is guaranteed against a large asset such as your home, so if you are unable to meet the loan repayments, your home could be repossessed (taken away). Bad credit loans generally carry an APR which is slightly higher than on a normal loan but this is because the lender needs to take the added risk into consideration. Look for additional features when you're on the lookout for a bad credit loan, such as the 'credit builder'.

Company APR Loan Amount Min Term Max Term Terms Suitable Secured Loans More Info
Wentworth Direct Finance Loan
 		15.2% £1000-£15,000 12 Months 60 Months Applicants must be employed or self empoyed. Wentworth Direct Finance loans are not available to persons under the age of 18. Typical 15.2% APR. All borrowers including those with poor credit history, if you have been refused elsewhere, been blacklisted or have CCJs. No
The no-frills service from Wentworth Direct. Even if you have been turned down for credit elsewhere, have been blacklisted, or have CCJs or defaults, you are still eligible for a loan. You can borrow from £1,000 to £15,000 - just complete the online application form without obligation.Decide the amount you want to borrow, the loan length, and details of your current employment (including income).
Loan Finder
 		23.1% £200-£15,000 On application On application All loans provisionally approved is subject to status. You must be at least 18 years old to apply. You are under no obligation by completing the application form. Borrowers with a bad credit history Yes
Loanfinder find personal loans from a wide variety of lenders. The loans are suitable for people who have had difficulty in getting loans from high street banks and financial institutions. Loanfinder can provide free credit reports.
YES Loans
 		48% £500-£25,000 Apply online to view Apply online to view Depends on loan type - fill in online application form and you will be given a range of choices. Anyone who has been refused elsewhere or is suffering bad credit rating, has defaults, mortgage arrears or CCJs. Yes
Over 95% of loan applicants are accepted at Yes Loans - even if they have a bad credit history or have been refused elsewhere. Apply now for a fast decision!
247 Cashline Payday
 		1355% £100-£1,000 31 Days 31 Days Must be at least 18 or over, have full time employment & earning £750 per month. Individuals who need money quickly and can repay within 31 Days. No
Complete a short online application form and 247 Cashline will have cash available for you quickly. The application decision is made within a few moments and you can borrow between £100-£1,000. Please Note: This is a Payday Loan and must therefore generally be paid within 31 days.
Provident Personal Credit
 		272.2% £50-£500+ 23 Weeks 52 Weeks Loan pplicants must be at least 18 years old and a UK resident. Repayment period ranges from 23, 31 or 50 weeks. People who have a bad credit history and need a fast cash loan. No
You could have a loan of between £50 to £500 within the next few days - and delivered personally to your door. You could borrow even if you are unemployed, have a bad credit history or have been turned down for a loan elsewhere. Note that the typical APR is 272.2%.
Save Simply
 		On application £500 - £25,000 12 Months 25 years Save Simply will be in touch to give you relevant loan information. People with bad credit history, self employed, unemployed or retired. Yes
Regardless of your reasons for needing a loan - you could borrow between £500 - £25,000 with Save Simply. You will even be given a quote free of charge. Save Simply accept all loan applicants.
CUS4 Loans
 		On application £200 to £15,000 12 Months 60 Months CUS4 Loans use their knowledge of the market to find a loan for you. As soon as you are accepted for a loan, Cus4Loans will stop sending your application to other lenders. All borrowers - including tenants and homeowners, those with bad credit history, self employed. No
Cus4Loans can find you a loan regardless of your circumstances. They will take your application and search the market, one lender at a time, to make sure you get the loan you need. Tenants and homeowners are welcome.