Login Menu

Unsecured Loans With Bad Credit

Find an Unsecured Loan

  • Quotes from UK insurance providers
  • One short form – save time & money

What people have to say about us

Quick and easy to use found what I was looking for and saved £150 on my renewal quote

Darren

, United Kingdom

Excelente amazon

Gheorghe

, United Kingdom

4.75/5 from 2079 customer reviews

Find unsecured loans for people with bad credit


If you have a poor credit history or a tracked record of missed payments on previous debt repayments you’ll probably know that your lower credit rating can make it harder to find an unsecured personal loan.

However, that doesn’t mean there aren’t any lenders who will lend to borrowers with poor credit histories, so it’s a good idea to shop around by comparing offers from a range of different loan companies to see if any might fit the bill.

Is an unsecured personal loan more expensive when I have bad credit?

Yes, although some personal loan companies will be happy to lend to borrowers with weaker credit histories, most of them will charge these borrowers higher premiums, which means the loan will cost more overall.

The reason for that is that borrowers with bad credit histories are a higher credit risk to lenders, and since the loan in question isn’t going to be a secured loan that can use an asset as security against the debt most lenders will increase the APR to reflect this elevated risk.

How much can I borrow when I’m taking out a personal loan with bad credit?

That depends on a number of different factors, including the lender you decide to go with, your occupation, whether you’re employed or self-employed, your current level of income, your other outstanding debt obligations and your other regular outgoings.

The best plan is to speak to a few lenders in order to get an accurate idea of how much you might be able to borrow.