Bad Credit Unsecured Loans

We have an approved panel of unsecured and guarantor lenders who can offer loans to people who have a history of bad or adverse credit. If you have a low credit score, had difficulties or been refused a loan in the past our approved lenders can help.

This calculator will give you an idea of costs. The exact amount and APR payable will be provided from the lender subject to credit and affordability checks.

Your monthly payment will be:

£136.90

Interest on this loan will be:

£714

Annual Percentage Rate (APR):

3.7%

Total repaid will be:

£8,214
Learn More
All credit types
Rated 4.9/ 5

Norton Finance Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£500 - £35,000

Representative APR
3.1%

Loan Term
2 - 5 years

Loan Type
Personal Loan Broker

Status
Homeowners & Tenants

Norton Finance are a personal loans broker who search their panel of lenders to find you the best deal possible. They will find you the cheapest loan that matches your credit rating and circumstances. Their service is free of charge and will not effect your credit rating.

Representative Example

Available via broker only
All credit types
Rated 4.4/ 5

1st Stop Personal Loans

Loan Amount
£2,000 - £15,000

Representative APR
18.2%

Loan Term
2 - 6 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

1st Stop Personal Loans offer unsecured personal loans from £2,000 to £15,000. Whether you’re looking to buy a new car, a new kitchen or thinking of any type of major purchase they can help secure the funding you need.

Representative Example

Available via broker only
All credit types
Rated 4.6/ 5

Evolution Money

Loan Amount
£1,000 - £15,000

Representative APR
26.82%

Loan Term
1 - 5 years

Loan Type
Personal Loan

Status
Homeowners Only

Evolution Money provide loans to homeowners who are looking to borrow a maximum of £15,000 over 1 - 5 years. Loans can be used for any legal purpose such as home improvements, debt consolidation, a wedding or to buy a new car.

Representative Example

Learn More
Poor Credit
Rated 5/ 5

Avant Credit Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £20,000

Representative APR
42.5%

Loan Term
1 - 5 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

AvantCredit offers online unsecured personal loans of £1000 to £20,000 from 12 - 60 months with fixed monthly payments. AvantCredit understands that people have a less than perfect credit history and a guarantor is not required and you don't need to be a homeowner.

Learn More
All credit types
Rated 5/ 5

CarFinance247 Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £250,000

Representative APR
6.9%

Loan Term
1 - 7 years

Loan Type
Car Finance Broker

Status
Homeowners & Tenants

We make the whole process hassle-free & provide the customers with a helping hand throughout. Our aim is to get the best possible finance deal for our customers, whilst providing an efficient service of the highest quality.

Representative Example

Learn More
Poor Credit
Rated 5/ 5

Uk Credit Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £10,000

Representative APR
39.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status
Homeowners & Tenants

Trusted, simple guarantor loans from £1,000 to £10,000. With the help of a friend or relative to guarantee your loan UK Credit could get you the cash you need.

Representative Example

Learn More
All credit types
Rated 5/ 5

Trust Two Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£500 - £10,000

Representative APR
43.8%%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status
Homeowners & Tenants

With Trust Two you could borrow up to £10,000, in your own name, by asking a relative or friend to guarantee that you'll repay it. Apply online and, once you and your Guarantor are approved, on average you'll have the money within 3 days.

Representative Example

Available via broker only
All credit types
Rated 4.6/ 5

Likely Loans

Loan Amount
£1,000 - £5,000

Representative APR
59.9%%

Loan Term
1 - 5 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

Likely Loans helps customers get the loan they require even if they have bad credit or a low credit score. Loans can be arranged quickly from £500 - £5000 over 1-5 years. There are no fees or extra charges for early repayment.

Representative Example

Learn More
Poor Credit
Rated 4/ 5

Everyday Loans Why?
Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £15,000

Representative APR
93.6%

Loan Term
2 - 5 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

With everyday loans, you're more than just your credit score. Here at everyday we look at your credit future, not just your credit history. As such even if you have bad credit now or you've had a poor credit score in the past, we may be able to help.

Representative Example

 

FAQ's

I have a bad credit, do I need a credit check to get a loan?

Yes. However, any history of adverse or bad credit will be taken into consideration by the lender. The lenders on our panel are used to dealing with customers will a low credit score.

I have settled CCJ's can I still get a loan?

Yes. The lenders on our panel accept past and settled CCJ's on credit file.

I am a discharged bankrupt, will this effect my loan?

Being a discharged bankrupt may limit the amount of lenders that are open to you. However the lenders on our adverse credit panel will be happy to consider you application. They will consider your credit record as a whole.

I have missed loan payments in the past, how will this effect my chances of getting a loan?

Missed loan payments will limit the amount of lenders who will be willing to accept your loan application. However, the lenders on our adverse credit panel will still consider your application.

Do I need to show proof of income to get a loan?

Yes. You will need to show adequate proof of income. This may be in the form of payslips if you are employed, or SA 302 forms if you are self employed either as a sole trader or company director.

How much will I be able to borrow?

Most unsecured loans have a maximum lending limit of £25,000. If you are looking for a larger loan then you may wish to consider a secured loan or homeowner loan as they are also know as. A secured loan will require security such as your home in order to take out the loan.

Will taking out a loan help build my credit rating.

If you make your loan repayments on time each and every month then yes this will positively effect your credit rating and increase your credit score.

Can I get a loan while self employed?

Yes. Being self employed is not a problem as long as you can show proof of income from your business as either a sole trader or company director. Many lenders will request to see SA302 documents from HMRC which show your income for the financial year. You may also be asked to provide business accounts or verification from your accountant.

Can I get a loan from a direct lender?

Yes. Our adverse credit panel consists of both direct lenders and brokers. If you are unsure of who may be the most suitable direct lender, then we recommend you use the services of a broker who will be able to assess your application and place your application successfully with a lender.

I have defaulted on some past loan payments can I still get a loan?

Yes. There are a number of lenders who will consider your application if you have missed previous loan payments or even have CCJ's on your credit file.

We are independently reviewed by our verified customers and web users:
Rating: 4.6 / 5 with 23 votes

Lending Expert is a credit broker, not a lender.

We bring together the very best providers and deals from across the market place.