Very Bad Credit Personal Loans Resolve Your Credit History
Do you have an adverse credit history? Is your credit score creating an obstacle in your life
? Do not worry as very bad credit personal loans provide you ready cash to resolve all your debts? So change your credit history from good to bad to improve your credit rating.
What are the funds used for?
You can consolidate your debts; pay off all your pending bills, for wedding expenses, medical emergencies, educational purposes and so on.
Very bad credit personal loans offer money that is in the range of 1000 to 25000 for a long period of time ranging from 1- 10 years. You can also get it extended by paying a separate fee to the lender.
This form of monetary help does not demand any collateral such as the borrowers car, house, stock papers and so on for the money that they are getting. Thus they carry a higher rate of interest. The lenders risk in dealing with you is more as there is no security to back the finance offered. You must be able to prove your repaying ability to the lender to prove your credit worthiness as there is no credit check process as well.
To be eligible you need to fulfill the following criteria;
You should be a citizen of U.K.
You should be above 18 years of age.
You should be employed with a regular income.
You should have a minimum income of at least 1000.
These funds can be availed through the online mode that is convenient than the traditional medium. You just need to fill an online application form giving all the relevant details. This medium is very reliable as you can compare the different interest rates charged by the different lenders with just the click of the mouse.