Bad Credit Loans

Below we have compared a range of Bad Credit Loans for you. This loan type is much broader than logbook or payday loans because both unsecured and secured loans can fall under the 'bad credit loan' umbrella. That means, the loan provider will search the market based on your information and will come up with a range of loans for people with bad credit.

Loans for Bad Credit are ideal for people who have had issues with their credit history but are willing to take on the responsibility of a secured loan. The APR rate on a bad credit loan will be somewhat higher than on a regular loan, but not as high as some other poor credit loans products. Please note that from 1st February 2011, instead of typical APR you will see representative APR. See our Info Library for more details on this change. Some ‘Loans for Bad Credit’ lenders will offer you the option to rebuild your credit rating – look out for this as it can be a beneficial addition to your borrowing needs. Once you have chosen a loan provider simply click on 'Apply' to be taken to the next stage.

COMPANY	REPRESENTATIVE APR	LOAN AMOUNT	MIN TERM	MAX TERM	TERMS	SUITABLE	SECURED LOANS	APPLY
Wentworth Direct Finance Loan	15.2% Example Representative Example Borrow £3000 and pay £114.57 per month for 36 months. The total charge for credit is £1124.52. The total repayable is £4124.52. Address: Wentworth Direct Finance, FREEPOST SEA9712, Gravesend, Kent, DA13 0BR, UK.	£1000-£15,000	12 Months	60 Months	View Terms Note you must be employed or self empoyed to be eligible. Typical 15.2% APR. Wentworth Direct Finance loans are not available to persons under the age of 18.	View Suitable All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs.	No
Wentworth Direct Finance Loan	Wentworth Direct offer a no-frills service providing loans for people with bad credit. If you've been refused credit elsewhere, are a problem case, have been blacklisted, or have judgements or defaults against your name, you are still eligible for a bad credit loan. Borrow from £1,000 to £15,000 and fill out the online no-obligation application form. Type in the amount you want to borrow, the length of time you would like to repay the loan, and your current employment details (are you currently working, monthly income after tax etc).							Services Services Bad Credit Loan Broker Advantages Advantages 1. Excellent APR rate of 15.6% for a loan available to those with bad credit. 2. You can apply for a loan even if you have bad credit history. 3. Borrow from as little as £1,000 to £15,000. Disadvantages Disadvantages 1. Maximum borrowing is £15,000.
The Finance Facility	19.6% Example Representative Example Total Amount of Credit: £5000; Representative APR: 19.6%; Duration of Agreement: 60 months; Total Charge of Credit: £2881.60; Total Amount Payable: £7881.60 Address: The Finance Facility, Netherley Road, Prescot, Merseyside, L35 1RG	£1000 - £15,000	Ask on application	Ask on application	View Terms You must be employment and aged 18 to 65 years	View Suitable All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs.	No
The Finance Facility	If you are employed and aged 18 to 65 years, The Finance Facility can provide you with an unsecured loan and loans for bad credit service that is second to none. The Finance Facility search over 200 lenders for you without performing multiple credit checks and with no upfront fees!							Services Services Search over 200 lenders for you Advantages Advantages 1. No upfront fees 2. No multiple credit checks 3. Search over 200 lenders for you. Disadvantages Disadvantages 1. Fee of £59.95. 2. You can not obtain the fees and charges until you have applied.
Cash for Winter	6.9% Example Representative Example 6.9% (Representative APR) for loans between £7,000 and £15,000. For example, if you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43	Up to £25000	See Website For Details	See Website For Details	View Terms Depends on loan type - fill in online form and you will be given your choices.	View Suitable Those that have been refused by high street lenders and those suffering with credit difficulties such as CCJs, defaults or mortgage arrears.	No
Cash for Winter	Cash for winter can offer you loans of up to £25000. This is a fast and efficient loan service for those in need of a cash solution. Don't go with out over the holiday season, get cash for winter.							Services Services This is a fast and efficient loan service Advantages Advantages 1. Up to £25,000 cash available 2. Bad Credit not a problem 3. Fast and efficient service Disadvantages Disadvantages 1. £25,000 not available to all borrowers 2. Interest rates can be high
Loan Port	53.9% Example Representative Example A £3000 loan borrowed over 36 monthly repayments would be approximately £151.20 per month with a fixed APR of 53.9%. The total amount to be repaid would be £5442.86	up to £ 50.000	1month	120 months	View Terms In trying to get you a loan or finance, make decisions about them, manage your accounts, utilities, premiums, debts or provide any other services, We will not use credit scoring such as searching your records with credit reference agencies, however you should be aware that most lenders will undertake credit scoring with credit reference agencies. Where there are joint clients, a link between You can be created. Please be advised we share your personal data with lenders and other carefully selected third parties for this purpose.	View Suitable For all borrowers, including those with very bad credits and self emplyoyed	No
Loan Port	In just one simple application form, in a matter of seconds loan port searches 245 credit lenders. That's more than any other loan broker in the UK can do, all meaning more choice for you the customer. Even with a very bad credit a loan still can be found – and you save time and money by not having to look around yourself. Loan Port will find a choice of loan products, which suit you situation best without any obligation, without paperwork and without waiting times. You then select the product you like best. Loan Port is an independent company – it will find the best loan for you and not for the lender!							Services Services Finds best loan froma choice of 245 lenders Advantages Advantages 1. Independent company 2. Huge choice of lenders 3. Fast service Disadvantages Disadvantages Actual APRs and fees cannot be known before lender is found
Payday Easy Loans	1286.2% Example Representative Example 1286.2% APR Representative - For every £80 you borrow you pay £20.	£100 - £1000	1 week	1 month	View Terms 18+ years of age, employed or self employed, earning min £650 per month. Repay on your next payday.	View Suitable No paperwork, nothing to fax	No
Payday Easy Loans	Apply online for a Payday Easy Loan and you could receive up to £1000 in your bank account today. The application is simple and the monety can be in your account in no time. There are no awkward questions just simple qualification criteria.							Services Services Payday Loan Broker Advantages Advantages 1. Fast Application 2. Instant Approval 3. No Paperwork 4. There are no hidden or administrative costs Disadvantages Disadvantages 1. Payday loans are not a long term solutions for financial problems.
Loan Options	53.4% Example Representative Example Not available	£100 - £100000	Depends on lender	Depends on lender	View Terms See website for details	View Suitable For those with a less than perfect credit history	No
Loan Options	LoanOptions is a one-stop solution to anyone who is looking for or thinking about applying for a loan. As a registered member you get an instant detailed credit review including applicable lenders based on your circumstances. At your request your application can be sent directly to the most appropriate lenders for your circumstances. Some of our lenders will give you an immediate decision and others may take some time to think about it. Our lenders will give you estimates of interest rates where possible and you are always in control of where your details are sent.							Services Services 1. Unsecured Loans 2. Payday Loans 3. Secure Loans 4. Logbook Loans 5. Asset Finance 6. Loans Guarantor Loans 7. Debt Management Advantages Advantages 1. We have a dedicated UK Call Centre to assist you 2. We find loans from £100 to £100,000 3. View your Credit Report instantly today 4. Our lenders will organise loans for any purpose 5. Apply today no matter what your circumstances Disadvantages Disadvantages 1. One off fee of £58.54 - This fee incorporates our non-refundable Setup Cost of £28.54 and your Daily Membership Cost of £1.00 2. If you decide to cancel your membership before you have paid the full amount of £58.54, we will prevent this payment being debited from your account. In this instance a £15 cancellation fee will apply, which will be debited from your account within 30 days of the original sign up date. 3. Many of our lenders will give an immediate decision at the click of a button and others can take up to 5 working days.
First Choice Capital Resources	15.2% Example Representative Example At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.	£100 - £2,500	12 months	Up to 60 months	View Terms See website for terms and conditions	View Suitable People with poor credit rating	No
First Choice Capital Resources	First Choice Capital Resources is designed to match the right products and services to suit your needs and present them to you on a continuing basis. It is free to apply and you can borrow between £1,000 - £15,000. Complete your online profile and you will receive access to the product and services First Choice Capital Resources provide.							Services Services Bad Credit Broker Advantages Advantages 1. Unsecured instalment loans with payment terms up to 60 months 2. Auto Loans 3. Help with existing debt problems 4. Mortgage relief 5. Flexible payments Disadvantages Disadvantages 1. Some lenders consider the existence of an active credit and/or debit account as part of their decision making process 2. Unsecured Cash Loan installment offer may take up to 2 weeks to process
The Loan Locator	52.9% Example Representative Example At 53.9% APR fixed, £3,000 borrowed over 36 months payments would be approximately £151.19 per month. The total amount to be repaid would be £5,442.84	£50 - £25,000	1 month	60 months	View Terms See website for details	View Suitable Emeregency cash needs for those with poor credit	No
The Loan Locator	The Loan Locator specialise in searching for a loan that is suited to your needs and requirements. They can locate loans from £50 to £25,000 for any purpose and for you to spend in any way you like. You simply apply online and you could be approved for an unsecured loan in as little as 48 hours.							Services Services 1. Lender to those with bad credit Advantages Advantages 1. No obligations quotation. 2. Get approved even if you have bad credit. 3. Borrow up to £25,000 Disadvantages Disadvantages 1. You have to apply to obtain fees and charges 2. You have to apply to view terms and conditions
Regent Finance	6.9% Example Representative Example If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43	£500 - £25,000	1 Month	25 Years	View Terms You must be over the age of 18 years old	View Suitable If you have bad credit and need a loan	No
Regent Finance	If you have less than perfect credit and are finding it hard to get a loan, Regent Finance can help. Apply online for an unsecured loan from £500 - £25,000. Find out what options are available to you and receive a free no obligation quotation.							Services Services Get the Lowest Loan Rates & Exclusive Deals Advantages Advantages 1. Get the Lowest Loan Rates & Exclusive Deals 2. Apply in Minutes 3. Free to Apply, No Obligation 4. All Applications Accepted Disadvantages Disadvantages 1. The wesbite does not give much information 2. There are significant risks associated with investing, loans and mortgages
moneybarn	30.2% Example Representative Example For a loan of £5500, Sarah paid £227.79 for 36 months	£5000 - £25000	24 months	48 months	View Terms We require all applicants to: 1. be at least 21 years old, 2. hold a valid British passport, hold a valid British driving licence, 3. be in employment or self employment, 4. have a bank account that accepts direct debits and live in England, Scotland or Wales. (We do not offer finance for applicants living in Northern Ireland, the Channel Islands or Isle of Man.) 5. We finance cars that have covered up to 70,000 miles and are no more than seven years old at the time of your application to us.	View Suitable For those with bad credit looking for a car loan	No
moneybarn	Talk to moneybarn - credit you can trust. We're different to other lenders because we take into account much more than just your credit score when offering car finance. Even if you've been declined before, we can often help – use our quick car finance calculator to see what kind of deal you could get with moneybarn.							Services Services 1. Car loans for people with bad credit Advantages Advantages 1. We're different! As the actual lender, moneybarn have control over who we lend to. For nearly 20 years, we've built our business around our unique decision making process that takes into account much more than just your credit score when you apply to us. 2. We're Secure! We've been providing car finance for nearly 20 years, through two recessions and times of economic uncertainty. We're backed by Octopus Investments and received significant new funding this year - stronger than ever in 2011, you can rely on us to support you through every step of the journey 3. We're welcoming! Turned away by your bank? By using more than just your credit score, we're able to consider applications from customers who may not have perfect credit histories or have been refused credit elsewhere. There is no guaranteed car finance product in the UK, but by considering a number of factors not related to your credit score, we're able to offer car loans to over 90% of applicants each month. 4. We're Quick! We're Quick! click to read Our online application process is fast and straightforward – our unique technology enables us to make responsible lending decisions within minutes and we can sometimes even pay for a customer's car the same day if we receive paperwork and proofs promptly 5. We're Responsible! moneybarn is a responsible lender. We believe in being fair to you with our products, the application process, our documentation and the way in which we communicate with you. Disadvantages Disadvantages 1. We won’t finance commercial vehicles, motorbikes, cars used for driving instruction, parallel (grey) imports, taxis or limousines. We will not finance cars manufactured by Hummer or Ssangyong and we do not finance Mazda RX8 or Chrysler 300C cars. 2. Unfortunately we are unable to accept applications from individuals employed in the motor trade, or directors/sole traders in the motor trade.
CreditNoble	278% Example Representative Example 278% (Representative APR variable) Representative Example: Borrow £500 over 12 months. Fixed Interest rate – 140%. Total amount repayable - £949.01. Interest - £449.01	£50-£2500	1 month	12 months	View Terms See website for details	View Suitable Those seeking: 1. GUARANTOR FREE: NOT REQUIRED FOR FUNDING 2. UNSECURED LOANS FUNDED IMMEDIATELY 3. LESS THAN PERFECT CREDIT FUNDING AVAILABLE 4. DISABILITY LOANS WELCOME- (DSS)- No paperwork hassles 5. STUDENTS- APPLY and Get funds sorted for the start of the term 6. TENANT LOANS	No
CreditNoble	At Creditnoble we understand your dilemma, our lending panel of 185 companies and the Creditnoble Score Crew are able to help! Applying for multiple loans where you do not meet the necessary requirements, will mean your application is declined leaving a footprint on your Creditnoble report and consequently damaging your Credit rating. Therefore at Creditnoble , we will match you with a lender that will provide you with a personal loan at a competitive rate over the time period you want!							Services Services 1. GUARANTOR FREE: NOT REQUIRED FOR FUNDING 2. UNSECURED LOANS FUNDED IMMEDIATELY 3. LESS THAN PERFECT CREDIT FUNDING AVAILABLE 4. DISABILITY LOANS WELCOME- (DSS)- No paperwork hassles 5. STUDENTS- APPLY and Get funds sorted for the start of the term 6. TENANT LOANS Advantages Advantages We search over 200 lenders, 185 of which you won't find on money supermarket! We can find you an unsecured installment loan, payday loan, guarantor free loans, credit union loan or a traditional secured loan all without a credit check. We don't take any upfront fees and cash could be in your account in hours! 1. You can repay your loan in easy installments over 12 months 2. Keep on top of your loan with an easy to use online account 3. You can clear your loan early with no extra cost 4. There is one quick online application for your personal loan. 5. With no documents or paperwork to send, applying for a CREDITNOBLE loan takes minutes and approval rates are high. 6. Secure, Fast and Easy to Manage Loans Available Today 7. Complete the simple online application and receive a personal 12 month loan of up to £2,500 today 8. Our approval rates for all our lenders are better than high street lenders Disadvantages Disadvantages 1. You must fill out a form before finding out the exact fees and costs involved.
Kensington Direct Loans	53.9% Example Representative Example At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.	£100 - £5,000	1 month	24 months	View Terms Providing your information on this website does not guarantee that you will be approved for a cash advance or loan.	View Suitable Those who have been refused credit elsewhere	No
Kensington Direct Loans	Kensington Direct specialise in loans for people with bad credit! Apply online and you could receive up to £5000 in your bank account today. Receive approval online in just seconds. Lenders accept problem cases and people who have been refused credit elsewhere.							Services Services 1. Bad credit loan broker Advantages Advantages 1. Online approval takes just seconds 2. Lenders accept problem cases and those that have been refused credit elsewhere. 3. Kensington Direct will match your profile with their database of lenders to give you the best offers for your situation Disadvantages Disadvantages 1. You have to apply to obtain fees and charged. 2. Poor credit loans are not suitable for long term financial problems. 3. As a condition of extending credit, some, but not all lenders may run a credit check.
CUS4 Loans	On application Example Representative Example Not available	£200 to £15,000	12 Months	60 Months	View Terms CUS4 Loans work with several leading Loan Specialists and send your application to one at a time until your loan is approved.	View Suitable Tenants, homeowners, self employed or bad credit history borrowers all suitable	No
CUS4 Loans	Cus4Loans can help you to find a loan provider whatever your circumstances - even if you have been turned down for a loan elsewhere or have credit problems. Both tenants and homeowners are welcome.							Services Services Bad credit loans Advantages Advantages Borrow from £200 to £15,000 Poor credit history no problem Disadvantages Disadvantages APR rate only on application Some brokers may add additional fees
Provident Personal Credit	272.2% Example Representative Example Total Amount of Credit: £300; Representative APR: 272.2%; Duration of Agreement: 52 weeks; Total Charge of Credit: £246; Total Amount Payable: £546; 52 weekly payments of £10.50; Rate of interest 80.2% p.a. fixed; The information underlined is variable depending on the loan amount, product & term offered. Address: 1 Godwin Street, Bradford, BD1 2SU NB	£50-£500+	23 Weeks	52 Weeks	View Terms Applicants must be at least 18 years of age and a UK resident.	View Suitable Those with poor credit who want a quick cash loan	No
Provident Personal Credit	£50 to £500 cash loans could be delivered to your door within days. Applications are considered even if you are unemployed, have a poor credit history or have been turned down for credit before.							Services Services Bad Credit Loan Lender. Payday Loan Lender. Advantages Advantages 1. You could have £50 - £500 within days 2. Even if you have a poor credit history 3. If you want to join our 1.8m happy customers 4. Our agents are all friendly, helpful local people Disadvantages Disadvantages 1. APR is quite high, but the loan is mean for a short term cash loan - and is better value than similar products.
Save Simply	6.9% Example Representative Example If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43	£500 - £25,000	12 Months	25 years	View Terms The Partners will contact you with loan information. Please note that such information should not be used as the sole basis for your loan decision, and may not meet your particular needs.	View Suitable Poor credit borrowers, retired, self employed or unemployed	Yes
Save Simply	Get free quotes and a loan of between £500 - £25,000 with Save Simply. No matter what you need the loan for, Save Simply accept all applications. Loans are available to all applicants.							Services Services Bad credit loans Advantages Advantages Poor credit history is no problem Top lenders sourced Borrow up to £25,000 Disadvantages Disadvantages Must apply to find out APR APR might be high Credit status might play a part
FlexCredit	278% Example Representative Example A loan of £500 repaid over 12 months: Monthly repayment - £70.09; Amount payable - £949.01; Total interest - £449.01; Interest rate -140%	£2000	1 month	12 months	View Terms Borrowers must be 18 or over, in work or self employed with a regular income, a UK resident and have a UK bank account.	View Suitable Borrowers looking for longer term loans unable to use high street lenders. May be available to variable credit histories.	No
FlexCredit	Borrow £2000 and repay over 12 months. Apply for long term loans via the fast and easy to use Flex Credit site. Loans of up to £2000 available which can repaid in instalments over a 12 month period. Loans for people a range of credit ratings may be available and Flex Credit provides a range of alternative borrowing options to suit most credit ratings.							Services Services Bad credit Loan Advantages Advantages 1. Borrow up to £2,000. 2. Repay over 12 months. 3. Fixed, Manageable Fee. Disadvantages Disadvantages 1. Minimum term one month 2. Maximum term 12 months