Wake up to a better financial future
At Badcredit.co.uk, is a trading name of PJG Financial Limited, Their mission is to empower individuals navigating the complexities of poor credit. With nearly 1.8 million people in the UK actively seeking advice, products, and information related to bad credit, our platform serves as a comprehensive resource.
Utilizing our website is entirely free. Their revenue is generated through commissions received from lenders and brokers we collaborate with, only when we successfully connect them with customers. This arrangement ensures that our primary focus remains on delivering unbiased, quality advice to you, their valued user.
Their ethos is rooted in financial inclusion. They firmly believe that everyone should have the ability to secure emergency funding, regardless of their credit score. They are committed to helping you find the right loans, credit cards, and car financing options, while also offering guidance on improving your credit standing.
Here at Badcredit.co.uk, they are devoted to being your trustworthy guide on the journey towards financial stability.
When finding a loan for you only soft-searches will be conducted, these will not negatively affect your credit score. Lenders will perform a hard credit search when formally applying for a loan. All lenders we work with clearly state this before application submission.
BadCredit.co.uk is a free-to-use comparison website. It is an FCA-authorized broker, not a lender, and does not make credit decisions. We never charge users a fee. We may receive a commission from the lender. Some of our lenders may pay out on the same day.
BadCredit.co.uk.co.uk does not charge customers a fee for using its broker services, but it might receive a commission from lenders or other brokers if a customer enters into a consumer credit agreement with a lender or broker following an introduction through this website.
While our website features images of various lenders, it’s important to understand that this does not necessarily mean those lenders are part of our network.
BadCredit.co.uk is a registered trading name of PJG Financial Limited, which is authorized and regulated by the Financial Conduct Authority under reference number 919697. PJG Financial Limited (company number SC535782), registered office 272 Bath Street Glasgow G24JR. We’re a fully regulated and authorized credit broker and not a lender. Licenced by the Information Commissioner’s Office (registration number ZB537016)
Why compare bad credit loans with us?
Match with lenders who will say yes
Find the best match from our panel of lenders, and make the process of finding a loan easier.
Quick lender decisions
Some of the lenders on our panel can approve loans in minutes, some within the same day and some might require a bit more info and take a bit longer.
Soft search technology
We only do a soft search when finding a pre-approved lender for you. A hard search will be performed only if you accept and formally apply for a loan.
Bad credit loan guides
Payday loan for bad credit
Payday loans can be an option if you have bad credit and need money for an emergency as they can be easy to obtain. Payday lenders often aren’t interested in your financial history, only that you can pay the loan back in the here and now so a bad credit rating has little impact. They do come with high interest fees though and can trap people in a cycle of debt.
Short term loans for bad credit
Sometimes, life can throw curveballs at you, and they often come with a price tag that can be hard to deal with. Maybe your car needs an unexpected repair, or an appliance gives up on you. Or the current cost-of-living crisis is making it hard to make ends meet.
When your credit score is low, these things can feel like the end of the world, and paying for them might seem impossible. But thankfully, there is a way out: short-term loans are a viable option if you’re facing financial obstacles.
Quick loans for bad credit
Quick loans for bad credit are a type of unsecured loan, letting you borrow small amounts from £50 up to £1,500. With a bad credit score, interest rates are upwards of 39.9% and the repayment terms can be 1 to 12 months.
Secured loans for bad credit
Secured loans for bad credit let you borrow from £10 to £100,000. Homeowner loans provide the highest amounts with the lowest interest rates using a direct lender. Logbook loans let you borrow between 50% to 60% of your car’s value, and for small amounts, pawnbroker loans let you borrow as little as £10 using an item of higher value as collateral.
£1000 loans for bad credit
Bad credit lenders cater exclusively to those with an unfavorable credit history, and can provide £1,000 loans. Some offer a maximum £1,000, others offer from £1,000. Due to an unfavorable credit history, rates may be slightly higher on some types of finance like a Credit Union loan or Secured Loan, and significantly higher on other types such as logbook loans that can cost up to 400% APR.
List of bad credit direct lenders
Bad credit loan direct lenders have a wider eligibility criteria. Negative entries on your credit report are less important than your ability to repay.
