Bad Credit Loans

We search the entire bad credit loans market, so you don't have to, without affecting your credit score!
You can easily compare and choose the best loan for you, from £2,000 to £25,000.
Are you in need of a cash injection, but are struggling to get accepted for personal loans for bad credit? A bad credit score can prevent you from getting the financial help you need – which is where bad credit loans come in. If you’re looking to borrow anything between £2,000 and £7,500, you could be eligible for loans for bad credit, no guarantor required. At Personal Loans Now, we understand that a bad credit score doesn’t always mean that you can’t borrow responsibly, which is why we are proud to be a bad credit loans direct lender as well as a broker, ensuring you stand the best chance at getting accepted for the loan you need.

Apply Now!


Get Loans for People with Bad Credit

If you have bad credit, you may still be eligible for small loans for bad credit from us, or from a member of our bad credit loans panel. While we are unable to guarantee acceptance, we do our best to give every applicant their best chance when it comes to borrowing the funds they need in a sticky financial situation. As a bad credit loans direct lender, we offer money directly to applicants that we believe can afford the repayments without leaving themselves in a worse financial situation and in cases that we can’t, we compare bad credit loans and can forward your application on to another lender of your choosing from our search.

While we do offer guarantor loans for larger amounts, those with loans for a bad credit history aren’t required to have a guarantor when they apply. There is no need for a security either, meaning that you don’t have to be a home or car owner in order to be accepted for online loans for bad credit in the UK. We keep our application simple to reduce stress and eliminate fuss when you need clarity.

What Are Bad Credit Loans?

What Are Unsecured Loans for Bad Credit?

Really bad credit loans can offer a financial solution to borrowers with a poor or limited credit history, where they may not be accepted for other loan types. Bad credit loans UK lenders offer funds not just according to credit checks, but affordability checks too, giving you the fairest chance to gain access to the money you need. These affordability checks are designed to make sure that you can effectively manage the repayments throughout the duration of the instant loans for bad credit, taking into account your credit score, your current financial situation, employment status and cash on hand.



Same Day Loans for Bad Credit With Personal Loans Now

Here at Personal Loans Now, we offer direct loans for bad credit with no guarantor or security required. We believe that everyone should be given the chance to get the financial help they need when they need it and that a bad credit score isn’t always a direct reflection of your ability to repay what has been borrowed. For this reason, we are happy to offer very bad credit loans direct lenders, providing our applicants with the most affordable best loans for bad credit when they need it most.

Whether you’re looking for emergency loans for bad credit when an unexpected expense rears its head, or you’re looking for finance for a car to pay for the vehicle you need, we are here to help. If we can’t lend to you directly, we’ll find bad credit loans in the UK direct lenders on our bad credit loans UK panel who can, giving you peace of mind and the assurance that you could still be accepted.

You can also use our Credit on Demand app if you’re in need of bad credit loans online with an instant decision, offering you access to not only our loans but to the entire market to provide you with the best deals. The application is simple and there are no charges for downloading or applying through the app, giving you the loans you need quickly and safely.


Apply Now!



Borrow From A Bad Credit Loans Direct Lender in the UK

We are proud to offer loans for very bad credit as direct lenders first and foremost, processing your application within our own criteria. We offer debt consolidation loans for bad credit to borrowers without the need for security or a guarantor for amounts up to £7,500, and with a fast loans for bad credit online application, you’ll receive an instant decision so you aren’t left waiting.

If we are unable to offer you the loan, we also offer access to our panel of lenders through Monevo, a premium brokerage platform that can search the market for the lowest rates on your requested loan amount and repayment period.

Get An Instant Decision with Debt Consolidation Loans for Bad Credit UK

We offer fast decisions on all applications that we receive, including our easy loans for bad credit. We take into account all of the details you provide us with and run fast credit and affordability checks to determine whether you can feasibly afford the amount you’ve chosen to borrow before making the decision, all of which is done instantly.

If we are unable to accept your application, we will direct you to our brokerage service quickly so you can find the best rates for your chosen loan to reduce the time spent searching and offer you a stress-free application process.

How Personal Loans Now Can Help with Low Interest Loans for Bad Credit

As very bad credit loans direct lenders, we provide access to funds when they’re needed, providing you pass our affordability checks. As part of our responsible lending practices, we make the low APR loans for bad credit application simple, with flexibility and an instant decision to ensure you’re never left in the dark. Our single online application will not only give you access to our cheap loans for bad credit, but to the entire market of loans for very bad credit direct lenders, meaning that even when we can’t offer you the cheap loans bad credit funds you need, another trusted lender could.

Apply now for a personal loan for bad credit - Personal Loans Now
Apply now for a personal loan for bad credit - Personal Loans Now

Your loans for a bad credit rating application will be personalised, with real-time rates available for not only our own loans but for all other lenders on hand. You can choose the personal loans for bad credit in the UK you wish to apply for, meaning you have complete control over who your details go to with peace of mind that there will be no additional searches on your credit history other than those that you have agreed to.

We are an FCA authorised bad credit loans direct lender and credit broker and have accepted over 50,000 loans online so far. We believe that affordable credit should be accessible to everyone, which is why we have built up a fair, safe and simple application and borrowing process regardless of your credit score. We have a high approval rate and with GDPR compliance, you can rest assured that borrowing with, or through Personal Loans Now can give you access to the funds you need with ease.


Am I Eligible To Borrow From Bad Credit Loans Direct Lenders?

When you apply for bad credit loans online with a direct lender, you will need to meet certain criteria. At Personal Loans Now, our responsible lending practices mean that we will only lend to applicants who meet the following:

  • You are 18+
  • You are a UK resident
  • You have a regular income
  • You hold a UK bank account

We will ask you for a number of details throughout your application, including your employment status, such as if you need loans on benefits with bad credit, monthly outgoings and your address, but these details will only be used to ensure that we can offer you the best and most accurate loans and rates possible in the shortest amount of time.

What Is A Bad Credit Score?

Credit scores are a numeric value given to your history of credit that showcases how ‘credit-worthy’ you are considered to be. The higher the number is, the more trustworthy you’ll appear. If you need loans for a bad credit score, this could be for a number of reasons, including:

  • Limited Credit History
  • Missed Repayments On Existing Loans
  • High Levels Of Existing Credit
  • Incorrect Details On Your Report

When you have a low or bad credit score, you are deemed untrustworthy by lenders, which is why it can be difficult to get short term loans for bad credit in the UK when you need them. All lenders, such as with bank loans for bad credit, will run a credit check before accepting your application and calculate the risk of lending to you. They’ll typically use one of three UK-based credit reference agencies

  1. Experian – 0-560 Is Poor, 961-999 Is Excellent
  2. Equifax – 0-278 Is Poor, 467-700 Is Excellent
  3. CallCredit – 0-550 Is Poor, 628-710 Is Excellent

How Do I Improve My Credit Score?

While we do offer bad credit loans, improving your credit score can set you up more securely for larger loans or credit in the future. As we cannot offer bad credit loans with no credit check, what you’ll need to do will ultimately depend on the cause of your poor or limited credit. For those who haven’t had much credit in the past, you can improve your score by taking out more credit and paying it back in the agreed instalments, while those who have defaulted on payments in the past will require a little more work to improve the score.

By meeting repayments and catching up with debts, you can set yourself up in a more secure state to borrow more in the future. You can consolidate your debts into a single loan with a lower interest rate in some cases, making these payments more manageable overall.

Need a Personal Loan for Bad Credit?

Get a Loans Online Now


Will Loans From Bad Credit Loans UK Lenders Improve My Credit Rating?

If you are accepted for a bad credit loan, it will work in the same way as any other loan when it comes to your credit score. If you meet the agreed repayments in full and on time, you could see your credit score improving, providing you are keeping up with any other debts or payments throughout the same period. You need to ensure that you are maintaining all loans or consolidating your debts into a single payment to ensure that all payments are covered each month.

If you default on a loan, this can have an adverse effect on your credit score. As Financial Conduct Authority (FCA) approved lenders, we will only lend to applicants who can comfortably afford the loan in question and will never accept applications where the loan is likely to leave you in a worse financial state. At Personal Loans now, we are a responsible lender and while we are eager to give every borrower a chance, it’s important to ensure you only apply for what you can afford to increase your chances of acceptance.

Are Bad Credit Loans Safe?

As an FCA-approved lender, we work hard to make sure that our practices remain responsible, with full checks and security in place to ensure the safety of you and your loan. We understand that a bad credit score doesn’t automatically mean you can’t afford a loan but we will run affordability checks regardless to make sure that you can’t run into further financial trouble by being accepted for a loan that you can’t comfortably pay back.

Rest assured that with us, you can borrow the money you need without fear of running up high-interest rates or causing your credit score further harm providing you keep up with the agreed repayments. We’ll take into consideration your current financial situation to ensure that the repayments agreed are feasible before accepting, and if we can’t lend to you, will never forward your details on to another lender without gaining your permission first.

Are Bad Credit Loans Unsecured?

At Personal Loans Now, our bad credit loans are always unsecured, meaning that you can borrow funds without having to put any of your assets at risk. While secured loans require you to put up your home or car as collateral, an unsecured loan puts most of the risk on us as lenders. For this reason, interest rates may be slightly higher, but you can benefit from the peace of mind that your valued assets aren’t at risk.

Do I Need A Guarantor To Get Loans For Bad Credit?

We eliminate the fuss of applying for a loan by offering bad credit loans that don’t require any guarantor. You can apply for a loan regardless of your credit score without the need for someone by your side, ultimately speeding up the process without compromising on safety or security. Our bad credit loans are designed to offer access to financial help without relying on anyone else, which is why we conduct full affordability checks to ensure that the loan doesn’t pose a risk to your financial situation.

Apply Now

Apply now for Bad Credit Loans and get an instant decision!