Compare Bad Credit Loans

  • Compare companies that offer loan products designed specifically for borrowers with bad credit ratings
  • Check loan details and eligibility requirements carefully before you apply
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Citrus Loans

  • Borrow £2,000-£25,000 over 1-5 years
  • You may have your loan decision in minutes
  • Citrus Loans is a credit broker not a lender
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Representative 37.0% APR (Fixed) Representative Example: Borrowing £11,000 over 36 monthly payments. Monthly repayment: £478.47. Total repayable: £17,224.92. Total interest payable: £6,224.92. Annual Interest Rate (fixed): 37% p.a. Representative 37% APR. Maximum APR: 299%.
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    • Norton Finance - For homeowners only logo
      Broker

      Norton Finance - For homeowners only

      • Only available to homeowners
      • Loan Type
        Unsecured
      • Representative APR
        15.4% APR
      • Available Amounts
        £3,000 to £25,000
      • Min / Max Terms
        1 to 25 years

      Eligibility Criteria

      • Must be aged 18 to 80
      • Must be a homeowner
      • Must have a minimum income of £7,500 per year from employment, pension or benefits
    • Fluent Money - For homeowners only logo
      Broker

      Fluent Money - For homeowners only

      • Only available to homeowners
      • Loan Type
        Unsecured
      • Representative APR
        15.9% APR
      • Available Amounts
        £1,000 to £25,000
      • Min / Max Terms
        1 to 7 years

      Eligibility Criteria

      • Must be aged 18 or over
    • Progressive Money - For homeowners only logo

      Progressive Money - For homeowners only

      • Only available to homeowners
      • Loan Type
        Unsecured
      • Representative APR
        31.77% APR
      • Available Amounts
        £1,000 to £15,000
      • Min / Max Terms
        18 months to 10 years

      Eligibility Criteria

      • Must be a homeowner
      • Must be aged 18-70
      • Must be Employed or Self-Employed
      • Must have a min income £800 per month
      • Must live in England, Scotland or Wales
    • Opal Loans and Mortgages logo
      Broker

      Opal Loans and Mortgages

      • Loan Type
        Unsecured
      • Representative APR
        35.7% APR
      • Available Amounts
        £1,000 to £25,000
      • Min / Max Terms
        1 to 5 years

      Eligibility Criteria

      • Must be 18 and 65 years old
      • Must be a UK resident
      • Must be employed
      • Must earn at least £800 per month
    • Citrus Loans logo
      Broker

      Citrus Loans

      • Loan Type
        Unsecured
      • Representative APR
        37% APR (£11,000 - £11,999.99)
      • Available Amounts
        £2,000 to £25,000
      • Min / Max Terms
        1 to 5 years

      Eligibility Criteria

      • Must be aged 18 to 65 years
      • Must be a UK resident
      • Must be full time employed
      • Must be earning over £1200
    • UK Credit Guarantor Loans logo

      UK Credit Guarantor Loans

      • Guarantor
      • Loan Type
        Guarantor
      • Representative APR
        39.9% APR
      • Available Amounts
        £1,500 to £12,500
      • Min / Max Terms
        18 months to 5 years

      Guarantor Criteria

      • Must be aged 21 to 70 at the start of the loan term
      • Must be a UK resident (if in Scotland, both applicant and guarantor must reside in Scotland)
      • Must have a good credit history
      • Tenants and homeowners accepted (tenant loan - £6,000 maximum)

      Borrower Criteria

      • Must be aged 18 to 70
      • Must be a UK resident
      • Must not be recently bankrupt, in an IVA or a Debt Management Plan
    • TrustTwo logo

      TrustTwo

      • Guarantor
      • Guarantor must be a homeowner
      • Loan Type
        Guarantor
      • Representative APR
        49.5% APR
      • Available Amounts
        £500 to £10,000
      • Min / Max Terms
        1 to 5 years

      Guarantor Criteria

      • Homeowners only
      • Must be aged 25 - 74
      • Must have a good credit history

      Borrower Criteria

      • Must be over 18
      • Must not be declared bankrupt or in IVA or debt management plan
    • Aspire Money logo
      Broker

      Aspire Money

      • Loan Type
        Unsecured
      • Representative APR
        49.9% APR (£500 to £10,999)
      • Available Amounts
        £500 to £25,000
      • Min / Max Terms
        1 to 10 years

      Eligibility Criteria

      • Over 18s only
      • UK residents only
      • Must be full time employed
      • Must be earning over £1200
    • Click Finance logo
      Broker

      Click Finance

      • Loan Type
        Unsecured
      • Representative APR
        49.9% APR
      • Available Amounts
        £1,000 to £35,000
      • Min / Max Terms
        1 to 5 years

      Eligibility Criteria

      • Must be aged 18 to 70
      • Must be a UK resident
      • Must have a minimum monthly income of £800
      • Must not be subject to an IVA or bankruptcy order
    • Amigo Guarantor Loans logo

      Amigo Guarantor Loans

      • Guarantor
      • Loan Type
        Guarantor
      • Representative APR
        49.9% APR (variable)
      • Available Amounts
        £500 to £10,000
      • Min / Max Terms
        1 to 5 years

      Guarantor Criteria

      • Must be aged 18-75
      • Must be a UK resident
      • Must have a good credit history
      • Tenants and homeowners accepted

      Borrower Criteria

      • Must be aged 18-75
      • Must be a UK resident
      • Must not be on an active bankruptcy, IVA or equivalent
    • Buddy Loans logo

      Buddy Loans

      • Guarantor
      • Loan Type
        Guarantor
      • Representative APR
        49.9% APR
      • Available Amounts
        £1,000 to £10,000
      • Min / Max Terms
        1 to 5 years

      Guarantor Criteria

      • Must be aged 18-75
      • Must be a UK resident
      • Must not be on an active bankruptcy, IVA or equivalent
      • Guarantor does not need to own a home

      Borrower Criteria

      • Must be aged 18-75
      • Must be a UK resident
      • Must have a good credit history
    • SafetyNet Credit Facility logo

      SafetyNet Credit Facility

      • Credit Line
      • Loan Type
        Short Term
      • Representative APR
        68.7% APR
      • Available Amounts
        £100 to £500
      • Min / Max Terms
        No min or max term

      Eligibility Criteria

      • Must be aged 18 or over
      • UK residents only
      • Must be in full-time or part-time employment or self-employed
      • Minimum monthly income of £750
      • Must have debit card and bank account into which salary is paid
      • Must have a mobile phone and email address
      • Bankruptcy, IVA or equivalents not accepted
      • CCJs accepted
      • Customers must submit bank account login details to apply for a loan
    • 118 118 Money  logo

      118 118 Money

      • Loan Type
        Unsecured
      • Representative APR
        99.9% APR
      • Available Amounts
        £1,000 to £5,000
      • Min / Max Terms
        1 to 2 years

      Eligibility Criteria

      • Must be aged 18 - 70
      • Must be a UK resident
      • Must have a net monthly income of £700+
      • Must hold a current UK bank account and debit card
      • Must have a mobile phone and email address
Also for Bad Credit Loans...
Our service is free of charge but we receive commissions from the providers we refer you to. This table is initially ordered by representative APR. You can use the options above the table to order it according to various criteria. You may be offered different rates depending on your personal credit rating.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

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Bad Credit Loans FAQs

Just because you have a bad credit rating doesn't mean you'll never need to get a loan.

As the name may suggest, a bad credit loan is a loan designed specifically for those with a poor credit history. There are many reasons why a person might suffer from a poor credit rating - from an inability to manage repayments on credit cards or loan agreements, to having County Court Judgements (CCJs) held against them.

Even if you've never had a credit card or loan in your name before, you could have poor credit simply because lenders are unable to access evidence that suggests you're able to manage your borrowing habits successfully.

Below are some of the most frequently asked basic questions about bad credit loans. Just click on the question headings to see the answer.

What kinds of bad credit loans are available?

What are the pros and cons of bad credit loans?

Are there risks in getting a bad credit loan?

If I don't get accepted for a bad credit loan, should I just keep trying?

Are there any ways I can improve my credit rating?