Unsecured Bad Credit Loans in London

Matters such as arrears, CCJ’s or defaults could mean that you only get bad credit in London. The type of loan that may only be available to you can be an unsecured loan, but because you have bad credit history, the interest rates would be higher.

It is easier to get bad credit history than it is to have good credit. Some things which would give you bad credit history are things like:

• Failing to pay off credit cards in full every month

• Continually missing repayments

• Continuously overdue bill payments

However there are also things you can do to prevent getting a bad credit history, such as fulfilling financial responsibilities and contracts (otherwise it might be reported to credit reference companies) and keeping an eye out on your account for identity theft. Another thing which could affect your credit history is by swapping jobs or addresses too frequently in London.

Sometimes if you still want a low rate loan when you have bad credit history, the only way to achieve this, is to have a guarantor in London who owns their own home.With low rate loans, you can apply for this type of loan for what you wish. You will be required to show us some records such as details of your income tax return, or bank statements in London. It is attainable to improve your bad credit rating, by keeping up with repayments in London. You can also still apply for a low rate loan, however the sum will be lower and the rates higher than a standard loan.

At low rate loans we can help you decide what the most suitable offer is for you on the current market. Wherever you are in London you still should think carefully and thoroughly about any opportunity which requires a large sum of money. The internet can give you access to a number of companies with offers and advice about loans. At low rate loans we can offer you information, help and advice about which loan is best for you.