Unsecured Bad Credit Loans in Oxford

Having bad credit history in Oxford can mean you can only get unsecured loans with high interest rates. This can be a result of having defaults, constant late payments, CCJ’s or defaults. 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:

• Being unable to pay off credit cards in full every month

• Constantly missing repayments

• Continuously overdue bill payments

But there are also things you can do to prevent getting a bad credit history, such as fulfilling financial commitments and legal agreements (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 changing jobs or addresses too frequently in Oxford.

In some cases if you have bad credit, you may even be required to have a guarantor who owns their own home in Oxford for you to get a low rate loan. With low rate loans, you can apply for this type of loan for what you would like. You will need to show us some paperwork such as details of your income tax return, or bank statements in Oxford.

On the other hand it is still achievable for you to apply for a loan, but the amount you can borrow will be lower, plus you will have to pay higher interest rates in Oxford. The best thing to do, is to keep up with repayments and improve your credit rating in the long term. 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 Oxford you still should think very carefully and thoroughly about any opportunity which requires a large sum of money.

The most popular way of browsing for a company offering a low rate loan is often the internet. Contact us today at low rate loan and see what we can give you.