subject: Bad Credit Loans- Fetch Funds Even If You Are A Defaulter [print this page] A person with a bad credit faces tough time every now and then as none of the money lender is willing to give financial help to such a person. He can get into acute trouble because of this. Even his family and friends do not want to risk their hard earned money. If you are also facing a similar situation, you can apply for Bad Credit Loans. With this monetary service, you would fetch funds even if you are a defaulter.
The money lenders here do not require any kind of credit confirmation from the borrower. If you are suffering from any of poor credit situation such as insolvency, late payments, payment overdues, CCJs, defaults, IVA, arrears, missed payments or bankruptcy etc, you would still get the money. Use the money as per your wishes. Pay the rent of your house, the installments of your dream home or car, pay the pending household and utility bills, plan a family trip and so on.
You can apply for Bad Credit Loans in two ways, specifically secured and unsecured. The secured form should be chosen, if you put your asset at stake. Your home, car, stock papers, jewellery etc can be this security. 200 to 25000 is the range in which one can apply with a settlement time duration of 1 to 20 years.
In the unsecured aid, the borrower gets the credit at a slightly higher rate of interest as he is not required to pledge collateral. One can obtain cash that falls in the range of 1000 to 25000. The borrowed sum can be repaid in the duration of 1 to 10 years.
The procedure is simple and easy as not much of filling and faxing of documents is required by the money lender.
Apply by filling an online application form. After the verification, one gets an approval. The fund gets transferred into your bank account within just 24 hours.