Loans People Poor Credit – previous or current financial problems don’t have to hold you back from getting the loan you want.
Even if you’ve had CCJ’s, arrears, are self employed or have no credit history at all.
Loans People Poor Credit Specialist Lenders
Fortunately there are still a some lenders who specialise in offering credit cards and loans for people with a bad credit rating.
Specialist lenders understand that just because you have run into financial problems in the past, it does not necessarily follow that you will be unable to meet your financial commitments in the future.
They provide loans to people who have poor credit to many types of applicants, even discharged bankrupts, as long as the borrower can afford to meet their monthly repayments.
Loans are now available for both tenants and homeowners with bad history. If you have run into serious arrears, perhaps because you got divorced, became ill or lost your job, you are likely to have a low score.
Minor blips on your credit record, such as missing a credit card payment, failing to pay a parking ticket or forgetting to settle a utilities bill, can all also affect your eligibility for new borrowings.
Poor Credit Loans for when you have been turned down
Have you been turned down for a loan and you are still looking for a new loan? Does this situation sound familiar?
Well, we are here to say don’t be disheartened, you just haven’t found the right lender that will give you a chance. But now you have. We will help point you in the right direction of lenders that work hard to find a loan that suits you, even if you have a poor financial history.
There are many reasons why you may have found yourself in the position of having poor credit. You may have missed loan or credit card payments. You may have County Court Judgments (CCJ’s) against your name or more serious may have been declared bankrupt.
What state your credit history is in is important as it illustrates what you as an individual is like in a financial capacity and it provides lenders with an idea of the kind of person you are. When taking out a loan the lender will run a credit check to see what your credit score is like.
However, there are loans available for people with poor credit scores that do accept less than perfect credit history, as long as the other requirements are met. The way a credit check works is by a score. The higher the score the more financially reliable you are to pay back the loan. However, the lower the score the less reliable you are seen as paying back the debt.
But there is still hope as by clicking on the links on this page you will be taken to reliable lenders that provide loans for people with poor credit. There have been companies that have been established to specifically help individuals that are desperate for a loan, but are continually getting turned down due to their credit score.
These lenders believe that someone’s credit score is only one part of a person and they should be viewed as an individual. They believe that no matter what someone’s situation is they too deserve a helping hand to find loans, even with poor history.
So when you thought there was no one that could help you, we say yes there is. Click on the links on this page and you will be taken to reliable lenders that provide loans for people with a poor history.
See also poor credit loans.