Perhaps you’ve approached the bank but they weren’t willing to lend to you, at least while your credit score is low. Bad credit loans are designed for people with a limited or poor credit history.
Some people have not been able to build up a good credit history because they’ve never borrowed money or had a credit card.
Whether you’ve been declared bankrupt in the past or had a county court judgement (CCJ) relating to unpaid debts, Bamboo will still consider you for a loan.
You could borrow from £1,000 to £8,000, and with a Bamboo bad credit loan the money could be in your account today.
Over time, a bad credit loan could actually improve your credit score. While you’re making your regular monthly payments, this shows you’re not a current credit risk. Plus, with a bad credit loan from Bamboo, you’ll know exactly how much your monthly payments are so you can plan ahead and be sure you’ll meet them.
Bad credit loans are designed for people with a limited or poor credit history and here at Bamboo we can put money in the bank on the same day for people with bad credit, subject to checks.
We consider every case individually and will make a speedy decision based on your unique circumstances. If you don’t know your credit history, you can find out by contacting either Equifax, Experian or Callcredit and requesting a copy of your credit reference file.
We offer a range of loans for people with low credit scores.
With a guarantor loans, you choose somebody to act as your guarantor, which means they will have to make any repayments that you do not.
However, if your credit score is fair to good, you may not need a bad credit loan – an unsecured loan may be a better choice.
Instant quote with no impact on your credit score.
Your loan could be in the bank today if you are approved before 3pm.
Representative APR 49.7%. A guarantor may be required.
Simple online application process.
Friendly support on hand to help you with your application.
Affordable monthly repayments.
The rate you are offered will depend on your personal circumstances. A guarantor may be required.