Frequently Asked Questions

We have access to a panel of some of the most trustworthy personal loan direct lenders in the UK, via the Monevo Ltd. lending platform. When applying with us, your chances of approval will be much higher than when applying with a direct lender. We carefully select only the most suitable lenders with the best rates and highest chances of approval for you. We will always try to find you a direct lender who is most suited to your specific needs.

With a good credit score you will be able to:

• Get low-interest rates on loans and credit cards.
• Have a higher chance of approval for unsecured loans for bad credit in the UK and credit cards.
• Get approved for higher limits.
• Have more negotiating power.
• Get an easier approval for apartments and rental houses.
• Get better rates on your car insurance.

Yes. You may be able to make your finances much more manageable by taking a guarantor loan in the UK to pay off more expensive, high-interest debt. But by consolidating existing shorter-term loans, you may be lengthening the time it takes to clear the debt. In the long term you may end up paying more interest in total, but this would depend on your particular circumstances. You may decide to take independent financial advice before consolidating other debts.

Yes, we can help you find home improvement loans for bad credit with an instant decision online. These loans do tend to be a tad more expensive if you have a poor credit score. This is because someone applying with a bad credit history is a higher risk to the lender than lending to someone with good credit. It’s a good idea to brush up your credit score before applying for a home improvement loan with bad credit as then you are likely to get a better interest rate.

It is important to compare home improvement loans in the UK before jumping into using any personal loan lenders. Comparing home improvement loans will ensure you get the best rate available for you. When you compare home improvement loans, it is a good idea to look at the reviews to see how satisfied previous customers are with the customer service of the lender. When you apply for a high acceptance home improvement loan through Personal Loans Now, we compare different lenders for you using the Monevo Ltd. lending platform to find you the cheapest and fastest home improvement loan for your situation.