Practical tips to help you improve your credit rating and avoid expensive high interest loans
Need a loan quickly but have been let down by your credit rating?
Quick loans are designed to cut through the application process for anyone who needs emergency cash now.
With loans of up to £1,000 regularly available within minutes of submitting your application, let us help narrow the field by introducing the top 3 quick 12 month loans.
An option for bad credit borrowers looking for a secured loan.
Typically advertised with the promise of fast cash and no credit checks, logbook loans are available in sums of between £500 and £50,000 depending on the value of your car.
Please Note – Lenders will generally offer a loan worth up to 50% of the value of your vehicle.
For more on the definition of a logbook loan and how they work, please click here.
Text loans are a fairly new innovation in the loan market and work by allowing the lender and the borrower to complete the loan application via text message.
Please Note – Because the application process is entirely paper-free (i.e. you do not have to print any forms and returning them via fax or post), the process will be far quicker to complete.
Warning – It must be noted that text message loans can be very expensive. In the following article – “Text message loans service is a costly convenience” – the Guardian explores why convenience comes at a premium cost.
The cheapest loan available in the ‘bad credit’ market.
Should you run into difficulty, check out – Guarantor loan debts. How to deal with them
If would be remiss of us to discuss quick loans without a brief mention of payday loans.
Whilst the payday loan can provide quick access to credit, it is at the same time a very expensive. For more information see:
Before you apply for a ‘bad credit loan’, it’s worth checking to see what your credit score is.
Check My File is a multi-agency credit checking service that will allow you to check your credit rating across all the UK’s three main credit reference agencies (Equifax, Experian, and TransUnion).
You can try checkmyfile free for 30 days, then for just £14.99 a month after, which you can cancel online at any time.
We’re a loan agency that’s been helping people to find affordable credit since 2015.