There are many factors that make up a credit score and different finance companies have different credit score systems. Credit score factors range include analysing your current debts, previous credit history, bill paying history, number of late payments, age and number of bank accounts.

The reason a loan company will credit score you and check your credit report is to ensure that they are confident that you are able to repay any money they lend you. Unfortunately, having a bad credit rating or previous bad credit history will usually have an effect but in itself it should not prevent you from getting a loan. Along with your credit score loan companies will also look at all the details on your application form (such as age, current earnings, partner earnings, occupation, existing debts).

Once a loan broker has analysed everything and has a clear picture of your current situation they are able to speak to loan companies that they know are able to help people in your situation. Our loan brokers deal with a range of lenders and loan companies who can offer loans to people with good credit rating right through to people with bad credit who have been refused credit before.

To apply for a completely free, no obligation bad credit loans quote simply click the link below, fill in some basic details and our loans brokers will contact you by telephone.

Bad Credit Score? - Free Loan Quote