Representative APR 54.5%.

Loan term lengths from 3 to 36 months. Representative example: £1000 borrow for 12 months. A monthly payment of: £104.65. Total cost of credit:£255.80 based on an APR of: 54.5%.That's a total of: £1,255.80. Rates range from 54.5% to 1294%. The APR will depend on your financial circumstances and loan amount will be subject to lender’s approval. Lenders will perform a soft search to confirm your viability for a loan. If you accept an offer a hard credit search will be made by the lender. Warning: Late repayment can cause you serious money problems. For help, go to Pales Tine Payday Loans is a broker and not a lender and does not make credit decisions.

Bad Credit Loans Explained

In Need of cash in a hurry? A bad credit loan can help

A not so great credit score can really put the brakes on aspects of your life, and yet it is a surprisingly common situation here in the UK, luckily, UK cash loans are readily available, and in some cases even loans for very bad credit from direct lenders.

Your credit score can be affected negatively so easily. Say you miss a car payment one month because some emergency forced you into repairing something at home, or you went a little over the top on your first credit card many years ago and got yourself in trouble? Even if you paid these debts off, it can still leave you with a bad credit score and make it difficult for you to secure loans from conventional financing institutions like the main bank branches, many try payday loans for bad credit from direct lenders to get around this, even for just a £50 Loan.

However, even with a less than stellar credit score and history, it is still possible to find financial help, with a short term ‘bad credit loan’.

Bad credit loans…What are they?

The problem with trying to get a loan from your bank or other ‘standard’ money lending institution is that when evaluating your application, they must stick to a set system that doesn’t lend itself well to any flexibility. It’s a bit like the famous sketches from the Little Britain tv show- “Computer says no”.
Luckily, these days the main street banks and such don’t have a monopoly on giving out loans and there are hundreds of payday loans from direct lenders. The internet is home to many lenders who are more likely to seriously consider an application from someone with a checkered credit history, and some of them reply within hours rather than the week or more that banks can take sometimes. That is the area payday loans by direct lenders with bad credit specialise in.

Bad credit loan brokers are experts when it comes to dealing with loan applications from people with low credit scores. Instead of following the same system as the mainstream that will usually turn you away if you’re not an A+ credit score holder, these brokers will take a look at your eligibility from a different angle and this, more often than not, leads to a higher rate of approval, in most cases it’ll be a same day loan.

The most common type of bad credit loan is for a relatively small amount, with repayments to be fully completed with a short length of time, usually a set number of weeks or months, that’s how quick payday loans work.

They are ideal for emergency situations that can spring up from time to time such as getting sick or injured and not being able to work, or some unexpected car trouble.
As with any type of loan or lending, interest is added onto the payments but because they are designed to be paid back quickly, you can find yourself debt free and back on your feet in no time.


We are here to help you get the best deal on a loan without a full credit check first

Did you know we get your details put in front of a panel of lenders that are ready to receive your application. There are as many as 50 lenders capable of making loan decisions for between £50 to £2500.

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How can I apply for a bad credit loan?

The best way to apply for a bad credit loan is to use an online loans broker who specialises in payday online loans.
The advantages of using a broker rather than directly contacting the lenders yourself are:
It will save you a lot of time as the broker will contact and apply, on your behalf, at multiple financial lenders. All you have to do is apply with the broker once and let them do the rest. Also the brokers will be able to see if you’ve made any mistakes with your applications that might hurt your chances of acceptance.

The criteria for bad credit loan eligibility is as follows-

  • Be 18 years old or over
  • Have an active bank account
  • You mustn’t already have an outstanding loan
  • Aable to provide evidence of your ability to make the repayments
  • You must be a UK resident to borrow money in the UK.

If you can meet these few simple criteria, then you are already well on your way to securing a short term loan and just need to submit your application with your chosen broker.

Please note, that at as well as meeting the criteria in bullet points above, your application will be looked at by the individual lenders contacted by your broker and they will have their own ways of evaluating it.
If your loan application is successful, and you accept the terms offered, it’ll be an instant cash loan into your bank account.

Who dictates how I spend my bad credit loan?

The simple, honest answer to that question is… YOU.

Unlike some forms of credit and financial assistance that can impose rules on how the money you lend is spent, where loans for bad credit are concerned, it is completely your choice.

People take out these bad credit loans for a wide range of reasons.

For some, as mentioned earlier, it is unexpected car repairs or just the running costs of owning a vehicle such as insurance payments, road tax, M.O.T test, and even the price of fuel in the UK can leave you with empty pockets and in need of some short term help, that’s where instant cash loans comes in, you can even get £100 loans by text! There are so many cash loans today it’s hard to know which one to pick!

If your tyres are looking particularly bald and winter is coming up, driving your car could be extremely dangerous. A bad credit loan can help you put a nice new set on there instead and give you peace of mind on those icy and wet roads.

Other people get behind on their bills for various reasons from time to time. If it’s a choice between delaying payment on the water rates and tv license, or buying their child some new clothes for the upcoming school year, I know what most parents would choose. Sometimes a short term bad credit loan is just the thing to balance things out in those tricky times.

We all love our appliances and the comforts and conveniences that they bring to our lives, and it can be very disrupting to our daily routines and such when one of them decides to call it a day.

Replacing a broken television or microwave is always an unexpected expense and usually catches us off guard. If it comes at a time when the ebb and flow of your finances is not going quite in the direction you’d like, it might make things difficult.

And it’s not only appliances that you have to worry about in the home, things like sofas, beds and mattresses all get worn down with time or damaged through accidents and need to be repaired or replaced. Signing up with a bad credit loan broker might just be the help you need to sort these problems out, they typically offer £500 loans which seems about right for this sort of short term loan from a direct lender.

Like we said, what you decide to do with your bad credit loan is up to you with no restrictions placed on it. You may not even be asked by a lender what you want the money for.

However, we must advise you to give your application some thought before going through with it, or accepting a loan. How much do you really need to borrow? Are you sure that making the payments won’t stretch you too much in the near future if you borrow money or take out a cash loan?

Please try to be responsible and sensible in your choices.
How do I protect / improve my credit rating?

It’s not only your ability to secure a loan that is effected by your credit rating, but also the terms and rates of any credit offered to you. With this is mind it should be obvious that your credit score is something you will want to improve and protect throughout your lifetime as it can have a large effect on your quality of life.

Every loan or credit card you apply for is recorded in your credit file. If you stay on top of your payments and settle your debts in a timely fashion, your credit rating improves and you will find it easier to attain  loans and with much more favourable rates, that are very different to same day payout loans.

On the other hand, every time you miss payments or neglect your financial obligations and find yourself in trouble, your credit rating takes a hit. A low credit score can make things difficult. For example, getting a mortgage or credit card can prove troublesome with a poor credit score.

To develop and improve your credit score, there are a number of things you can keep in mind-
If it is possible, try to leave some savings in your account every month. Even if it is a small amount, this will accumulate over time and having a back up of funds in your account will help to bump up your credit score.

Using a secured credit card can be a good way for you to improve your credit rating. These cards require you to make a deposit before you use them, but if you keep up with the payments it will positively affect your credit score.

Limit the amount of bank accounts you currently have open. If you don’t use them or need them, close them as this too can affect your score.

If you follow these tips in the future you will find your ability to attain credit improving substantially. Even if you currently have a bad credit score, you can still get short term financial help with a bad credit loan. Short term loans for bad credit consumers are quite normal these days, they are normally called short term payday loans.

Simply apply with a reputable bad credit loan broker and you could have a fast cash loan too. Probably faster than you think!

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Bad Credit Loans FAQ

Where can I find the best bad credit loans?

To find the best bad credit loans you’ll need to apply with brokers and lenders so that they can workout your personal finances for you. Once you submit your basic financial decision an expert lender will be able to make a decision on what credit they may be able to offer you. Because no two situations are identical, it means that your situation can only be fully assessed carefully with all the info at hand

Who will give loans with bad credit?

When looking for loans with bad credit you have some options. One option is to work with a payday loans lender. They are normally very understanding of bad credit and can workout your financial situation based on your present circumstances and this means even with adverse history, or perhaps no history at all, they may well be able to offer you a loan.

Can I get a very bad credit loan?

Yes you can get a very bad credit loan. They exist in the form of payday loans for those with bad credit and there are specific options for short term loans with bad credit. You can normally find many lenders that are willing to accept an application and carefully check it over based on bad credit. While the interest rate may be higher than a typical lender, the option does exist for this type of loan. If you’re unsure about your situation, the best thing to do is simply submit your details and have lenders make the decision for you as they are the experts and they will have to do a credit check, there’s no such thing as a no credit check loan for bad credit, or good credit for that matter.

How to get loans with bad credit?

To get loans with bad credit you’ll need to contact specialist loans for bad credit lenders. These lenders will be able to help you get loans with bad credit. They specialise in understanding the financial situation of those with a traditionally poor credit rating and then subsequently have their own set of criteria in order that they can provide bad credit loans with no guarantor. The main criteria to be eligible for a bad credit loan is your age, bank account, work, phone, and being a UK resident. If these are in order a loan can be looked at.

What is the best payday loan bad credit?

Finding the best payday loan bad credit deal largely relies on your ability to submit an application as accurately as possible with your current situation financially. The clearer the picture for a lender, the easier it will be for one of their specialist loan approvers to be able to make a decision on your credit line. Being clear with your credit shows an honesty and upfront nature that is always going to be looked at in a positive light as far as getting a payday loan with bad credit is concerned.

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