We have tried to make applying for a bad credit or personal loan as simple as possible. All loans are the same to some degree. They differ only by length of term, amount of loan and interest rate. The first thing you need to do is decide if you need a short term loan like a Payday Loan or Instalment Loan or if you need a Personal Loan.
Short term high interest loans are for emergencies like broken boilers and failed MOTs while Personal Loans are for things like holidays, cars and white goods. Short term loans typically run from 3-12 months and you can borrow up to £1,000 while a Personal Loan whether for good or bad credit can run for up to 5 years and you could borrow up to £10,000 if you fit the criteria.
We have partnered with Choose Wisely for Personal Loans, Instalment Loans and Payday and Short-Term Loans. Choose Wisely operate a ‘Ping-tree’ system where your details are submitted to a panel of lenders who review your application and make a lending decision in real time. Unlike other pingtree providers who simply offer you a loan from whoever pays the most commission offered, Choose Wisely will give you the option to pick your own loan from whoever on the panel of lenders has offered you a loan. This means you will be offered the best terms and rate your application can obtain from the details you have provided. This also means you will find out if you have been successful in your loan application within minutes and if all lending criteria are met to the satisfaction of the lender, funds could be in your bank account the same day.
Once you’ve made a decision on which type of loan best suits your needs you put your details into the online application form under the heading ‘Apply Here’ and the Choose Wisely system does the rest. It scans all the products from every lender on the panel and offers you the cheapest one first that fits your criteria, where it believes that lender will lend to you based on your circumstances and the answers you have provided in your application.
Carefully read all the terms and conditions of your loan offer. If you have any questions please contact the lender direct. Please do not contact us as we do not keep your information and cannot breach privacy rules. If you accept the loan offer your contract is between you and your lender. Remember we are acting as a broker not the lender. This is an information only website with the facility to apply for the loan through here.