Poor Credit Loans

Unfortunately, if you’ve missed a few loan repayments in the past or had difficulty with paying a catalogue instalment, you could find that your credit score is lower than you would like.

A lower credit score means it’s more likely you’ll be refused finance. Even if your financial difficulties are now in the past, many lenders will still penalise you.

At Simple Personal Loans, we think that approach is unfair. That’s why, when you turn to us for a loan, our lenders look at your current ability to pay back what you’ll owe, rather than what’s happened in the past.

Poor Credit is No Barrier to Borrowing

Because our lenders base their loan decisions on your current financial circumstances, they are frequently able to say yes to clients with bad credit, who may well have been refused credit from high street lenders.

No matter how bad your credit score may be, it’s still worth applying for a loan through us. Our lenders’ rigorous affordability checks ensure we’ll only lend if you are in a position to repay. Remember, there are always guarantor loans if need be as lenders may need extra security when it comes to loans with bad credit.

A Helping Hand When Needed

Every household faces unexpected expenses from time to time. If you’ve been hit by an unexpected bill, have a household appliance that’s broken down or discover that your car requires an urgent repair, a poor credit loan could be the perfect solution. So, don’t let a poor credit history stop you!

All loans are intended as short-term solutions to cover costs or item that you can afford to repay. We want you to be in debt for as little time as possible, which is why you’re welcome to repay your loan early if you wish.

Fast, Convenient Loan Service

Our goal is to provide the very best customer care that we can. Which is why our lenders’ application, acceptance and loan servicing provision is as fast, easy and straightforward as possible. When you use us for your poor credit loan, you can expect:

  • An online application process that you can complete at any time, at your own pace.
  • Fast decision-making on your loan: we will normally get back to you within an hour or so.
  • Same-day cash once the relevant paperwork has been completed (this can all be done electronically).
  • Clear information on APR, repayment amounts and dates that the repayments will be taken.
  • The handy direct debit facility so that your repayments are automatically deducted.
  • Attentive, helpful service from experienced, professional and friendly customer care teams.

Poor Credit Loans to Improve Your Credit Score!

If you borrow money and then repay on time, this works in your favour when your credit score is calculated. Over time, make sure that you keep up with the monthly repayments on what you borrow when your instalments are due. It may have a positive impact on your credit score. This may potentially open up more borrowing avenues to you in the future. It can often give you the opportunity to reduce the APR interest rate you pay on future credit, which saves you money!

Poor Credit Loans Available Now

If you need fast cash and have a less-than-ideal credit rating, we can often help you with an instant decision. Just fill in the online application form (it’s completely free to apply for a loan) and let us see how we might best be able to help you.