subject: Loans with Poor Credit - What Are You Waiting For? [print this page] Loans with Poor Credit - What Are You Waiting For?
Need a fund to help you keep up with the monthly household expenditure? Or perhaps you need to pay for the one off, unexpected purchases. However, you suffer from a bad financial history and therefore are finding it difficult to get a lender to grant you money. Loans with poor credit however are great for people like you- so what are you waiting for? Apply!
Worried lenders will again decline your application form due to your short of perfect credit history? Do not worry; there are no checks on your previous financial history! Customers will be granted funds based on how well they can prove their repaying ability.
Two types of funds you can apply for, unsecured and secured. An unsecured loan will not require you to place any type of collateral on stake as security against the loan. You can avail credit from 1000 up to 25000, with a repaying period of up to 10 years!
Opting for the secured loan however will require you to place collateral on stake. A higher risk involved for the borrower, thus the borrower pays a smaller interest rate compared to the customer taking an unsecured loan. You can avail credit of 500 to 100000 for up to 25 years.
Eligibility-
You must be a UK citizen
You must be 18 years or over
You must have a stable job
You must have an active bank account
Applying online will prove to be a quick and convenient method to complete the application process. Simply follow the instructions online, fill the application and press send. Once your form has been accepted, the funds will be in your account as soon as possible.
