PERSONAL LOANS FOR BAD CREDIT

WHAT ARE HIGH-RISK PERSONAL LOANS ON GUARANTEED APPROVAL?

Before defining this concept, we first make you understand the ‘guaranteed approval’. It is indeed an alluring term for everyone. There is nothing better than having personal loans for bad credit on guaranteed approval.

You should calm your nerves and be familiar with the fact that no lender can provide guaranteed acceptance on the loans. They are obliged to offer only affordable loans where one can only manage the loan payment from monthly income.

If the aspirants possess the capacity to repay the loan, they can expect 100% loan acceptance.

High-risk personal loans on guaranteed approval are more or less related to lenders primarily. If they offer a loan to a person who is not sure of his affordability, it will be a risk for the lender as the borrower may default. Therefore, guaranteed approval is riskier, and an affordable loan is the best alternative.

Allowing loans to people with lower credit scores becomes riskier. Therefore, the interest rates for them remain on the comparatively higher side. However, our company ensures competitive interest only, which everyone can manage from their monthly earnings.

WHAT ARE THE CRITERIA SET FOR THE ELIGIBILITY OF PERSONAL LOANS?

You may be curious about the eligibility of personal loans here. You do not need to be bothered for this thing when you are approaching us as your direct lender. We have set the general conditions in which everyone can qualify without hassle.

Here are the qualifying conditions to get personal loans for £25000:-

Residency

Almost every lender offers loans only to those individuals who are permanent residents of the UK. We also do, but we walk one step ahead. We also offer loans to those bad credit people living here on valid visas. However, they have to show relevant documents on this.

Monthly Income

We are open to any income slab to allow a loan. Nevertheless, the minimum salary should be £700 monthly if someone is doing a full-time job. Those with part-time employment should be earning at least £400.

Bank Account

We prefer applicants to have a valid bank account with regular transactions, especially their monthly income. We require this to transfer the loan amount to their bank accounts.

No Bankruptcy

We invite everyone to borrow our personal loans, but one should not be bankrupt for the last two years. You might be insincere in the past but should improve your current financial performance.

SafeMoneyLoan ensures proper transparency and safety of your personal details. We do not share any detail of yours with anyone without your consent.

HOW CAN I APPLY FOR BAD CREDIT PERSONAL LOANS

You may think applying for loans with poor credit requires more documentation and examining your financial profile. We have proved that wrong and laid a convenient online platform for those looking for bad credit personal loans from direct lenders.

We pursue a 100% online process where only a few steps are there with not much paperwork to complete. We only need your income proofs for the last three months that you can send through email.

The process of applying for loans involves the following steps.

Step 01: Decide the loan term and amount according to your current needs, and then click on the ‘Apply Now' button.

Step 02: Fill out a single-page application form with the required details. Check every detail carefully before submitting it.

Step 03: Once you receive your application, our representatives quickly work on your loan application and prepare a loan quote within a few minutes.

Step 04: Give your consent to the loan quote and get instant approval.

Step 05: We immediately disburse the required amount through bank transfer on the same day.

WHERE UNSECURED PERSONAL LOANS FOR BAD CREDIT FIT MY NEEDS?

The most attractive part of getting unsecured personal loans for bad credit from direct lenders is that they do not ask for your loan purpose. You can use our loans to fulfil any financial need and to achieve any desire.

Many people opt for personal loans for car purchases, fund their holidays and wedding events, pay university fees, buy a new home, and many more. Our loans are also applicable to the same purposes. At the same time, our financial support gives you more sigh of relief, as you can use these unsecured loans to improve your financial records.

You can use loans to:

Remove County Court Judgement: Do you have CCJ against your name? Get the needed amount from us in the form of personal loans for CCJ, pay all pending dues and remove the judgement to enjoy financial freedom.

Come out from Very Bad Credit Score: Problems are plenty for those with very poor credit scores. We work hard to reduce their problems by offering tailor-made deals on personal loans for people with very bad credit scores.

WHAT ADVANTAGES DO I EXPECT ON NO CREDIT CHECK PERSONAL LOANS?

You will be thrilled to know that we are among those lenders in the UK offering personal loans with no credit check. We provide this facility with complete responsibility and keep in mind the authority norms.

We have some conditions, but the advantages are also attached to them.

CONDITION: YOU MUST BE IMPROVING IN RECENT FINANCES

Advantage: You may consider this a compulsion, but it is good only for you. Suppose you need a loan but have a poor credit score. If you improve your condition by making all payments on time, you can easily borrow funds anytime.

CONDITION: YOU ARE SUBMITTING LOAN APPLICATION FOR THE FIRST TIME

Advantage: We do not check your credit score only if you apply for any loan for the first time. It is the best way to build a positive credit history and open up more funding opportunities during critical times.

CONDITION: YOU HAVE ALREADY APPLIED FOR A LOAN WITH US RECENTLY

Advantage: It is not a compulsion but a benefit to avail another loan without any formalities. We already have your credit details and you have repaid your previous loan on time. Based on it, we do not think checking your credit score is important now.

We are already offering personal loans with soft credit check and now the facility of no credit check with some conditions makes things much more convenient for you.

ARE BAD CREDIT PERSONAL LOANS WITH NO GUARANTOR RISKY TO OPT FOR?

You do not risk applying for no guarantor personal loans for bad credit. We have been offering loans for the last 5 years in the UK marketplace and know how difficult it is to find a guarantor, especially when someone has poor creditworthiness.

We do not want to become a hassle for them. Instead, we would like to be an opportunity for them to get the loans when they need them the most. You are free to apply for loans without a guarantor, and there will be no increase in the interest rates.

However, you should be earning a stable monthly income and showing improvement in your current finances. The best thing is that you can still get a pound 25000 despite no guarantor being there to back you.

Not only personal loans, but we also offer unsecured business loans with no personal guarantee in the UK. Yes, you can trust us without a doubt.

I WANT LOW-INTEREST PERSONAL LOANS. WILL I GET WITH BAD CREDIT?

You are not the only person who wants low-interest personal loans. In fact, everyone wants the same, whether they have a good credit or a poor score.

With us, you can expect personal loans with low-interest rates, but you should be sincere in your efforts. Here are some suggestions for you:-

WHAT ARE THE POSSIBILITIES OF GETTING PERSONAL LOANS FOR THE UNEMPLOYED?

Losing a full-time job may bother you, especially when searching for a new job is taking time. How would you handle your finances in such situations? You can conveniently do that with our personal loans for the unemployed.

We can accept your loan application based on your part-time income. We are all set to offer personal unemployed loans on benefits without impacting the interest rates and loan duration.

One may be confused about whether these loans' features will be similar to . There are some slight differences between these two loan options, which we have summarised below.