Representative example: borrow £600 for 8 months. 1st monthly repayment of £144.38, 6 monthly repayments of £192.50, last monthly repayment of £96.25. Total repayment £1,369.63. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount — rates between 295.58% APR and a maximum APR of 1294%.
Representative example: borrow £600 for 8 months. 1st monthly repayment of £144.38, 6 monthly repayments of £192.50, last monthly repayment of £96.25. Total repayment £1,369.63. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount — rates between 295.58% APR and a maximum APR of 1294%.
A bad credit loan is designed for people who have struggled with credit in the past. It provides an opportunity to borrow money even if your credit history includes missed payments, defaults, or CCJs.
Once approved, you could receive the money from your bad credit loan in your bank account within 1 hour, though it typically takes 1-2 working days.
Our initial soft search won’t impact your credit score. A full credit check is only performed once you accept a loan offer.
There are no upfront fees for applying with Badger Loans. You only pay the agreed interest rate on the loan you receive.
Yes, you can repay your loan early at no extra cost, potentially saving on interest.
It’s possible but your options will be limited. Some specialist lenders may consider your application if the loan is affordable alongside your DMP payments. Always check whether taking on more debt is the right move, as it could affect your existing arrangement.
Yes. Consistent, on-time repayments can help rebuild your credit profile over time. However, the improvement won’t be instant and missing even one payment can undo the progress. It’s important to borrow only what you can comfortably afford to repay.
Yes. “Guaranteed” often refers to meeting basic eligibility criteria, not an automatic yes. Lenders still run checks on affordability, income, and existing debts. If you don’t meet these, your application may still be declined despite the marketing language. There is no such thing as a ‘guaranteed’ loan.
Yes. Many lenders consider applicants with past CCJs, defaults, missed payments or a thin credit file. Approval depends on current affordability and income stability rather than only your past credit issues.
Lenders typically check your income, essential outgoings, existing credit commitments and recent bank statement activity. They want to be sure the repayments are manageable without causing financial strain.
Usually yes. Lenders charge higher rates because borrowers with poor credit are seen as higher risk. The rate you’re offered depends on your individual circumstances, including income, stability and borrowing history.
Yes. Most bad credit loans in the UK do not require a guarantor. Lenders assess your individual ability to repay rather than relying on someone else’s credit profile.
Loan amounts vary between lenders but many offer between £1,000 and £5,000 for applicants with poor credit. Higher amounts may be available if your income is stable and affordability is clearly demonstrated.
Yes. Being declined by one lender does not mean all lenders will reject you. Different lenders use different criteria and some specialise in helping people with poor credit or previous financial problems.
Yes. Once the loan is approved and paid out, it will appear on your credit file with all three UK credit reference agencies. Making repayments on time can help rebuild your credit record; missed payments will harm it.
Provide accurate information, keep the loan amount realistic and make sure you can clearly afford the repayments. Checking your credit report for errors and clearing small overdue amounts can also improve approval odds.
Bad credit loans are unsecured loans for people whose credit history may make borrowing more difficult. Missed payments, defaults, CCJs or a limited credit history do not automatically prevent you from applying. Badger Loans is an FCA-authorised credit broker, not a lender, and compares your application with a panel of UK lenders that assess your income, outgoings, existing commitments and overall affordability as well as your credit history.
Lenders do not make decisions using your credit score alone. They will normally consider your regular income, essential household costs, existing borrowing, recent credit history and whether the proposed repayments are affordable. Badger Loans can share one application with a panel of up to 50 UK lenders, helping you avoid applying separately to multiple companies. Read How It Works for a clear explanation of what happens after you submit the form.
You can apply to borrow from £100 to £15,000 over 1 to 60 months, depending on your circumstances and the lender’s assessment. The amount, rate and term offered will be based on factors such as your income, outgoings, existing commitments and credit history. Many lenders allow early repayment, although you should check the individual loan agreement for any applicable interest or charges.
If that sounds like you, you’re eligible to apply today!
Badger Loans works with a panel of up to 50 lenders in the UK. This helps improve your chances of being matched with a suitable loan from one of the lenders on our panel. With each lender having different requirements, you can maximise your chances of approval through Badger Loans. Every lender on our panel has been reviewed and vetted to ensure that they are fully authorised, regulated and trustworthy. With no upfront fees, you can receive an almost instant decision in up to 5 minutes and if successful, can receive funds on the same day. Sometimes within a few hours. We will not pass on your information to any other companies without your permission.
It may still be possible to get a bad credit loan, but approval is never guaranteed. Responsible UK lenders carry out credit and affordability checks and will consider your income, essential outgoings, existing commitments and recent credit history before making a decision. Guaranteed approval and no credit check loans are not available from regulated lenders. Be cautious of any company making those claims.
How Can I Improve My Chances of Getting a Bad Credit Loan?
Check that every detail on your application is accurate, including your address, employment, income and bank information. Borrow only what you genuinely need and make sure the repayments fit alongside your existing commitments. Avoid submitting several separate applications within a short period. If you are not accepted, reviewing your credit reports, correcting errors and reducing existing debts may improve future applications. Visit our Credit Repair page for practical guidance.
Repayments are usually made in fixed monthly instalments over the agreed term. Your payment will depend on how much you borrow, the interest rate and the repayment period. Before accepting an offer, check the APR, monthly repayment and total amount repayable. If you think you may miss a payment, contact the lender as soon as possible to discuss the support available.
Use our Affordability Calculator to check whether repayments fit your budget.
Learn More About Bad Credit Loans
Guide to Bad Credit Loans in the UK — understand how these loans work and what lenders check.
What Is a Bad Credit Loan? — a straightforward explanation of the product.
Bad Credit Loan Regulations and FCA Rules — learn about responsible lending and scam warning signs.
Alternatives to Bad Credit Loans — consider other options before borrowing.
Bad Credit Loans: Common Myths and Misconceptions — separate misleading claims from the facts.
Get your decision in minutes and, if approved, receive your funds within the hour. Applying won’t affect your credit score.
