Bad Credit
Debt
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What should I do if my application is declined or I have bad credit?
Having problems with your credit? Read our guide
Do you have bad credit? Have you had an application for a loan or credit declined?
Don't worry; help is at hand. We offer an insight into some common questions:
Don't worry; help is at hand. We offer an insight into some common questions:
- why might my application have been declined?
- what about credit reference bureau's - how important are they; can I find out what details they hold about me and what's this I hear about a 'footprint'?
- what should I do now if I still need a loan?
Selection of providers that will consider applications from customers recently declined for credit
Click on the tab that best describes your credit profile:
Click on your credit profile:
...GOOD
...FAIR
...POOR
| Loan | APR | Comments | ||
Platinum Exclusive Loan | 7.8% |   | Lowest homeowner loan rate in the UK. For loans £10,000 - £100,000. Typical APR 11.4% |  |
AA | 7.9% | | Apply online and get a decision in minutes.No repayments for first 3 months. Typical APR 7.9% | |
Sainsbury's Personal Loan | 8.2% | | Apply now for an instant decision. Typical APR 8.2% | |
Alliance & Leicester | 8.7% | | Applying online takes 10 mins and you could have a decision within the hour. Typical APR 8.7% | |
Lloyds TSB | 8.9% | | As a Lloyds TSB customer you could have the money in your account today. Typical APR 8.9% | |
Abbey Personal Loan | 8.9% | | Fixed monthly repayments. Typical APR 8.9% | |
| Loan | APR | Comments | ||
| Platinum Exclusive Loan | 7.8% | | Lowest homeowner loan rate in the UK. For loans £10,000 - £100,000. Typical APR 11.4% | |
Ocean Finance | 9.1% | | Loans for homeowners. For loans £25,500 - £100,000. Typical APR 15.9% | |
| Loan | APR | Comments | ||
| Ocean Finance | 15.5% | | Loans for homeowners. For loans £25,500 - £100,000. Typical APR 15.9% | |
Welcome | 19.9% | | Drive away a great deal today. Typical APR 19.9%. | |
FLM Loans | 42.6% | | £500-£3,000. Will accept anyone with friend or family homeowner guarantor. Typical APR 42.6% | |
Everyday Loans Limited | 65.4% | | A straightforward way to borrow money locally - as and when you need it. Typical APR 65.4% | |
Been turned down for credit? Give our financial helpdesk a call on 0870 111
0001.
Lines are open from 9am to 8pm Monday to Thursday, Friday 9am to 5.30pm and Saturday 10am to 4pm.
Lines are open from 9am to 8pm Monday to Thursday, Friday 9am to 5.30pm and Saturday 10am to 4pm.
Homeowner Loans: The actual rate available will depend upon your circumstances.
Ask for a personalised illustration.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Contact Moneysupermarket.com at Moneysupermarket House,
St David's Park, Ewloe, Flintshire CH5 3UZ.
St David's Park, Ewloe, Flintshire CH5 3UZ.
Your credit profile
Your credit profile is very important in determining whether or not an application
for credit is accepted or declined. There are two methods below that can help you
and our Guide (at the top of this page) provides a further insight into credit scoring.
Understand your credit rating and help improve your ability to get credit with your
Equifax Credit Rating.
Find out your credit profile using an authentic Equifax credit 'scorecard' exclusive
to moneysupermarket.com. It's free and no record or 'footprint' will be left on
your credit history. For an accurate appraisal you must be honest with your answers!
Compare over 150 secured loans. Bad credit no problem (homeowners only)
Provided you are a homeowner your chances of being accepted for a secured loan are
far greater as the acceptance criteria is nowhere near as strict as for personal
loans.
Payday Loans
Can't wait until payday? Our selection of payday loans could bridge the gap until
your next pay cheque arrives. Find out more about how to make an application for
short term finance then compare fees and loan periods online.
Find Car Finance
Use our car finance calculator to find a car finance product designed for people
with a bad credit rating.
Find a Remortgage or a Mortgage. Bad credit no problem
If you have experienced financial difficulty in the past, our financial team will
almost certainly be able to find a lender suitable for your needs. The mortgage
industry has a huge array of products aimed at individuals that may have some adverse
criteria. Don't let bad credit stop you from finding a mortgage or remortgage.
Find a Credit Card
Having trouble finding a credit card? We have a product specifically designed for
people who have a bad credit rating.
Expert financial guidance with our free Rate Alert service
If you have debt or credit problems, getting all aspects of your finances on track
can help you regain control. Register for our free weekly Rate Alert email and you'll
receive the latest financial information from our experts in money, travel, insurance
and more. New users receive a £20 Virgin wine voucher.