Personal Loans UK for Bad Credit | Easy Apply

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Get An Unsecured
Personal Loan
from £100 to £25,000

Personal Loans

Badger Loans can help you find the best personal loans for any purpose – whether it is for paying off some pressing bills, buying a new car, paying for a wedding or debt consolidation.

Customers can apply for a personal loan up to £25,000 repaid over 1 to 5 years, with the option to repay early at any time.

Our loans matching system is able to pair your requirements with the lender most likely to accept your application and offer the best rates possible. To get an instant decision and provisional loan quote, simply click on the apply now to get started.

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What is a Personal Loan?

A personal loan is a loan which is used for personal purchases and expenses – whereas you would use a mortgage to purchase a property or a business loan to fund your business.

This type of product falls under unsecured loans because your eligibility is based on your income and credit status and there is collateral or guarantor required.

Personal loans are often repaid in equal monthly instalments on a scheduled repayment date that you select each month.

Key Features

  • Online loan application
  • Borrow £100 to £25,000
  • Repaid from 2 months to 5 years
  • Bad credit considered
  • Funding available in 24 hours
  • No upfront fees

What Are Personal Loans Used for? 

Personal loans are taken out by an individual and used for personal purposes, as the name suggests. This includes paying off bills, buying a new car, paying school fees, holidays, weddings and more.

Personal loans are typically long term loans and you usually have several months or years to pay them off. So you can use the money to clear your debts or fund your large purchase, with the flexibility and breathing space to pay it off over time.

This type of loan is not used for short term emergencies (see payday loans) and is better suited to those with good credit scores, allowing you to get the best rates possible.

How Can I Get the Best Personal Loans Rates?

Those customers with good credit scores will usually have access to the lowest rates possible. By having a history of paying off credit cards and loans on time, you would have built up a good credit score and this gives lenders confidence that you will be able to repay your loan – and you will be rewarded with a lower rate.

For cheap personal loans, you can look at improving your credit score by clearing any existing loans or credit cards on time; and also closing down any cards or accounts that you are no longer using.

Other eligibility factors that will give you access to the lowest rates including having a regular income, stable income and homeowner status.

Can I Get Personal Loans for Bad Credit?

Yes, you can apply for a personal loan for people with bad credit and the lenders on our panel appreciate that not everyone can have a perfect credit score and they expect to see the occasional missed payment or default.

The important thing is that you have a desire to make future payments and have a stable income so that you can afford to make payments on time. Although you may have a poor credit history, if you have made payments on time for other types of loans or credit cards recently, the lender will appreciate that you are on the right track and will be able to pay future commitments.

If you have a very poor credit score, the interest rate may be slightly higher and the amount you wish to borrow many be less – just so the lender can manage their risk.

Why Apply for a Personal Loan with Badger Loans?

Applying for a loan with Badger Loans using our online application form and you can get an instant decision and provisional loan approval in less than 5 minutes.

There are no upfront fees for applying and it will not impact your credit score. We simply require a few basic details about you, your address, income, the amount you wish to borrow and how long for.

Successful customers can usually receive funds to their bank account in 1 hour or within 24 hours of applying.

Why Apply For A Personal Loan with Badger Loans?

  • Amount between £100-£25,000
  • Term from 12 months to 5 years
  • You need a Personal Loan
  • Good or Bad Credit
  • With or Without Guarantor

Legal Information

Rates from 12.9% APR to 1625.5% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. The total amount repayable is £1564.59. Interest amounts to £564.59, an annual interest rate of 59.97% Representative APR: 79.5% (variable).

Badger Loans