Yes. Even though you may have bad credit, you are still eligible for the loan. We understand the consequences of having a poor credit rating.
It is not required in most cases. However, if we require some more information from you for additional verification, we will ask for it.
Unfortunately, not. This policy may change later, so please check back.
This will vary from lender to lender.
Most lenders do not service applicants who are self-employed at this time.
Most lenders will loan up to a maximum of £1,500. However, when applying for the first time, most lenders will offer an introductory amount. Upon establishing that you are a responsible borrower, you may be offered more, depending on your case.
If approved, you may be able to receive funds on the same day. Delays will occur if your application is received by the lender after office hours, weekends or holidays.
You should inform the lender if you encounter any issue or problem preventing you from making a payment that is due. It is your responsibility to keep the lender informed if there is a change in your repayment plans.
If there are no funds in your bank account at the time of repayment, you may be charged a penalty fee. We strongly urge you to keep the lender informed in the event you are not able to pay on time. The lender will work with you in finding a solution to your difficulty.
If you wish to repay the loan before the repayment day, contact your lender to make arrangements. You will not be charged on any early repayments.
FAQ’s
I HAVE A POOR CREDIT RATING. CAN I STILL APPLY FOR A LOAN?
Yes. Even though you may have bad credit, you are still eligible for the loan. We understand the consequences of having a poor credit rating.
DO I NEED TO FAX ANY INFORMATION TO YOU?
It is not required in most cases. However, if we require some more information from you for additional verification, we will ask for it.
I DON’T HAVE A DEBIT CARD. AM I STILL ELIGIBLE?
Unfortunately, not. This policy may change later, so please check back.
CAN I APPLY FOR A LOAN IF I AM PAID WEEKLY?
This will vary from lender to lender.
I AM SELF-EMPLOYED. CAN I APPLY FOR A LOAN?
Most lenders do not service applicants who are self-employed at this time.
WHAT IS THE MAXIMUM AMOUNT THAT I CAN BORROW?
Most lenders will loan up to a maximum of £1,500. However, when applying for the first time, most lenders will offer an introductory amount. Upon establishing that you are a responsible borrower, you may be offered more, depending on your case.
WHEN WILL I GET MY LOAN?
If approved, you may be able to receive funds on the same day. Delays will occur if your application is received by the lender after office hours, weekends or holidays.
I AM HAVING PROBLEMS REPAYING MY LOAN – WHAT SHOULD I DO?
You should inform the lender if you encounter any issue or problem preventing you from making a payment that is due. It is your responsibility to keep the lender informed if there is a change in your repayment plans.
WHAT HAPPENS IF I MISS MY REPAYMENT DATE?
If there are no funds in your bank account at the time of repayment, you may be charged a penalty fee. We strongly urge you to keep the lender informed in the event you are not able to pay on time. The lender will work with you in finding a solution to your difficulty.
CAN I REPAY MY LOAN EARLIER?
If you wish to repay the loan before the repayment day, contact your lender to make arrangements. You will not be charged on any early repayments.