Bad Credit Loans – What are they
and who are they for?

What is a credit rating?
Details of all of your money or credit transactions are held by the UK credit bureaus. The credit reference agencies, which include Equifax.com and Experian.com, keep a record of all past financial commitments and your pattern of repayment, as well as an overall look at your total debt load. The UK Credit reference agencies provide the loan companies with this information to assess your credit worthiness and assign a credit score. Lenders then use the credit score as a factor in deciding whether or not to loan you money.

How did I get a bad credit history?

• By making late payments or missing a payment.
• By incurring a loan default or credit default.
• By incurring a ccj (county court judgement).
• By failing to keep up payments on any type of credit agreement.

Every time a payment is made or not made the information is recorded by the UK credit reference agencies. And the more bad reports that the agencies receive, the lower your credit score goes and the harder it is to find a loan. In addition to your finance payment history, the credit bureaus also track information about you. So every time you change your job, move house or receive a CCJ, a red flag is added to your credit report and will reduce your personal credit score.

Will you be able to get a loan?
Yes, with the help of the bad credit specialists at matchmaker, you will be able get a loan with a realistic interest rate as we specialise in working with people who have a bad credit history. The interest rate will be slightly higher, but we will work on your behalf to secure you a cheap bad credit loan. Securing a bad credit loan will in itself help to improve your credit rating, as so long as you keep up your loan repayments, over time you can improve your credit score by showing regular, responsible repayment of the loan.

How to find a uk bad credit loan?
By completing our online credit enquiry form or calling our bad credit loan specialists on 0808 141 3341 your loan will be underway in minutes. We will source the best bad credit loan options to suit your exact needs and our aim is to find you the best loan terms and interest rate as we can.

A WORD OF WARNING!

DO NOT submit several applications to different loan companies at the same time! Each company will carry out a credit check on you and too many credit checks recorded at the credit agencies will also go against you! Moneymatchmaker.com will carry out ONE credit check and then use the information to compare bad credit loan quotes from many different lenders.

With the market place so full of different loans, the loan specialists at Moneymatchmaker.com will compare and find the loan quote to suit your exact needs.

Simply, tell us a few details about what you are looking to achieve, your circumstances and we'll do the rest for you, So...

Fill in our Online enquiry form here

or Call 0808 141 3341and we'll carry out a free credit search, compare loan quotes and if you choose to go ahead, we'll do the rest for you! Poor Credit Loans can make a big differnce to your life!