Loans for people with bad credit

Get quotes in 3-minutes (no credit score impact)

Is a bad credit guarantor loan a good option?

  • Been refused lending because of your credit score?
  • Other options seem really expensive?
  • Guarantor loans are typically the most cost-effective poor credit loan


* Typical APRs for the different loan types


Questions? See below.

bad-credit-family Representative Example: If you borrow £4,000 over 36 months at a Representative rate of 49.5% APR and an annual interest rate of 49.50% (variable), you would pay 36 monthly instalments of £194.52. The total charge for credit will be £3,002.72 and the total amount payable £7,002.72.
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Frequently asked questions


How to get a loan with bad credit?

We've over 25 UK lenders who specialise in helping people with a poor credit rating 😀

We do the hard work so finding a loan is easy.

Simply fill out our 3-minute form and in seconds you'll have a list of quotes from lenders who've pre-approved your application

  • no impact on your credit score
  • free
  • no obligation

What poor credit loans do you do?


Can getting a loan improve my credit score?

Probably 😀

  • If you get borrowing and make your monthly repayments on time, this will show on your credit report.
  • Over time this will start to show that you are a lower lending risk and your score should improve.

For more information see the article: How to improve your score.


Can I apply if I have defaults or a CCJ?

Yes 😃

  • Our lender's loans were designed to help people with missed payments and CCJs.
  • Just because of past financial issues, this does not mean you should pay over the odds today.
  • Our lenders look at your current situation, the repayments you can afford and in the case of a guarantor loan, their status.

Will applying affect my credit file?

No 👍 *

  • When you fill out our 3-minute application form for lender quotes, this does not affect your credit score as our lenders only do a ‘soft search’ at this stage.
  • When you’ve decided to apply for a loan, your selected lender will undertake a full credit search on you (to make sure you’re not bankrupt, etc) and your guarantor.

* Be mindful not to apply to multiple lenders as this could affect your credit score.


Can I apply if I am bankrupt or in an IVA?

Not currently 😔

None of our lenders currently accept applicants who are insolvent, whether that be bankrupt, in an IVA (Individual Voluntary Arrangement) or Trust Deed (Scotland).

For help see’s articles:


How quickly can I get a loan?

Same day is possible 🏃💨

  • Many of our lender's payout on the same day of the application, see here.
  • Guarantors need to get their information to the lender in good time, which many people find a struggle.
  • So, if you need money fast and cannot wait, many of our clients prefer the no guarantor option which can often be approved and completed quicker.

How do I find a guarantor?

Typically, family members or friends make good guarantors 👨‍👩‍👧

  • Step 1: find out the requirements for 'being a guarantor'
  • Step 2: armed with that information, ask the people you know who meet the criteria.

What’s the advantage of guarantor versus other bad credit loans?

Cost, amount and term 👍

  • Cost– guarantor are typically cheaper than other bad credit loans, with rates from 29% to 54.9% APR compared to 135% up to 1,575%.
  • Larger amounts and longer terms:
Guarantor£500 - £15,0003 - 60 months
Payday£50 - £1,0001 - 2 months
Installment£300 - £1,0001 - 6 months
Doorstep£100 - £1,0003 - 12 months

Does my guarantor need a good credit history?

Yes 📝

Currently, our lenders will only accept guarantors who have a good to marginally imperfect credit rating.

  • It’s because they are looking for people who can make the payment if you are unable.
  • If you have someone willing to be your guarantor but think they may have a poor credit history, they should check a multi-agency provider such as Check My File.

Not sure if they will qualify of not:

  • Fill out our 3-minute form
  • This will get automatically reviewed by up to 27 lenders
  • In seconds you’ll receive quotes
  • Contact the lenders to see if they will accept your guarantor

You can try checkmyfile free for 30 days, then for just £14.99 a month after, which you can cancel online at any time.


What criteria do I need to meet?

The following is the typical criteria that you’ll need to meet 👌

  • A guarantor
  • 18 to 70 years old at the time of the application
  • The monthly repayments need to be affordable for you
  • You cannot be insolvent (in an IVA/bankrupt)
  • UK resident
  • UK bank account with a debit card

 For further details see our FAQ What is the Guarantor Eligibility Criteria?


What criteria does my guarantor need to meet?

The following is the typical criteria that your guarantor will need to meet 👌

  • 18 to 75 years old
  • Clean to marginally imperfect credit history
  • A regular income and the loan must be affordable to them if you default
  • UK resident
  • UK bank account with a debit card

 For further details see our Guide to Being a Loan Guarantor.


If I can’t get a guarantor are there options?

Yes 🙂

Whilst we are called, we also have no guarantor options where a guarantor is not required.

Whilst slightly more expensive, they provide an opportunity for credit.

To find out the options for you:

  • Fill out our 3-minute form
  • This will get automatically reviewed by our non-guarantor lenders
  • In seconds you will receive actual loan quotes

What can I spend the money on?

There are many reasons why people need money from our lenders 💸

  • Debt consolidation
  • Car finance
  • Home improvement
  • Emergency expenses
  • Travel
  • Plus, much more
  • Reason should not affect your application*

So how you spend the money is up to you, though please remember it does need to be paid back, so it's prudent to only take out the minimum you need.

* All the lenders on our panel operate responsible lending policies, so if they believe your reason for a loan is illegal or immoral, they will reserve the right to refuse your application.


Do I need to speak to anyone?

Typically not as everything is done online 💻

  • For quotes, fill out our 3-minute online form, which returns in seconds the lenders who've accepted your application (in principle) – all online.
  • When you've selected your preferred loan, our lender's online systems allow you to complete your application.
  • In a few select cases, the lender may need to speak to you or your guarantor to clarify something regarding your application.
  • Typically, most applicants do not need to speak to anyone.

How much will a loan cost?

This depends on your circumstances.

For accurate lender quotes follow these 3-steps:

  1. Fill out our 3-minute form
  2. Automatically reviewed by up to 27 lenders
  3. In seconds you'll receive actual quotes

Using our website is free to use as we are paid by the lenders, for more information see How we earn revenue.


Is it cheaper to go direct to the lenders?

No 🙂

If you go directly to the lenders you are charged the same rates as via our website.

You save time using 🕒

Your single form is automatically reviewed by up to 27 lenders and quotes are returned in seconds, saving you lots of time.

Why use our website?

We love bad credit loans and have been helping people get easy access to the very best loan deals since 2015.

our clients


Easy access to all the best deals. One simple form to up to 27 lenders.

(no mark on your credit file)

our clients


This site is free for you to use. Loans cost the same as if you went to the lender directly.

(we’re paid by the lenders)

our clients


We are fully FCA regulated and Information Commission Office registered.

(we’re a Surrey-based firm)

How to get quotes and a loan?


Quick and easy online application

Only 3 minutes

One quick and simple online application form and get multiple quotes, all without having to speak to anyone.


You eligibility checked with up to 27 lenders

Less than 1 minute

Effortlessly find the loans you qualify for in less than one minute - our amazing system will check all up to 27 lenders for you.


Loan quotes from lenders who’ve accepted you

Instant and online

Immediately see online the loans you qualify for, all done automatically without having to speak to anyone!


Choose lowest rate loan and finish application

Quick, easy and online

Simply choose the best loan for you and finish off the quick online application with your chosen lender.