Bad Credit Payday Loans
If you have a less than perfect credit score or bad or no credit history it shouldn't mean that you have limited options in terms of finding a payday loan or short-term loan.
It has become increasingly difficult to get a loan from banks or other traditional lenders, especially if you have bad credit or no credit history. So a whole industry is developing that is changing the way people borrow money in the short-term, even for people with a bad credit history.
There are a growing number of reputable payday lenders in the UK offering quick, easy and confidential access to funds at a fair price and a growing number of people are discovering them every day.
The good news is that these payday and short-term loan companies typically do not discriminate against people with less than perfect credit scores. Unlike traditional banks and lenders, they offer short-term loans that are usually repaid over a period of weeks, so they are not interested in a bad credit history. The loan amounts rarely go over £1000 and they are designed to offer short-term financial relief in times when money is tight and borrowers don't want to have to wait for payday to arrive.
Because UK payday and short-term lending companies work in is so competitive they make their application process as straightforward and uncomplicated as possible. There are usually no credit checks. The fees are simple to understand and there is a high acceptance rate. Most applications are processed in minutes and funds are made available the same day in most situations.
The application usually only requires proof of income and employment as well as a bank account. This means that if someone applies on Monday because they need money until Friday, they can have it in their account no later than Tuesday.
There are a number of different companies that offer loans to people with a less than perfect credit history so finding one is easy. So compare some of them to see which one fits your needs and your budget. You can complete an application on PaydayHappy.co.uk and we will send your application instantly to many of the leading UK payday lenders. If you still do not receive a Payday Loan from Payday Loan lenders then you can try another option here.
Remember that these types of loans are designed to be short-term and for relatively small amounts and they do have to be paid back in a timely manner.