Terms and Conditions

Loans for Homeowners with poorly paid credit.

Your Situation

If you are looking for finance but have poorly paid credit you will find it difficult to obtain further finance.

Why is this?

Most lenders base their decisions on your current situation as well as your previous. When reviewing your details it is important to them that you are paying other credit well as this may be an indication of your payment habits. If you are not paying other credit well then they will defiantly consider this as an indication of if you will repay well the finance that they may grant to you

Many lenders may use a system called credit scoring. This is a way of processing your application through a computer-based programme that extracts information from your application and a credit register. Current credit problems may well show up on a search of your details with a credit information agency placing you application outside the parameters of suitable acceptance for each individual lender.

Do I have any options?

Yes, we have contacts with specialist lenders who will lend to homeowners with poorly paid credit. These lenders will consider each application on a case-by-case basis using general underwriting criteria but with an element of flexibility. One of their key issues however will be to establish why you currently have poorly paid credit and if by granting a further loan this will resolve your current problems or make them worse. They may often require that you consolidate some or all of your existing debts so that you can then afford to balance your income and expenditure each month.

What can I do, I need a loan now?

Apply now if you are a homeowner with previous credit problems apply now and let us find a lender that will take into consideration your personal circumstances and provide you with the loan you are looking for. To apply click on the “apply online” button below and we will contact you shortly to with a decision in principle.

To apply click here

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All loans are subject to status, written quotations are available on request. We also offer a range of plans where rates may differ from 7.3% APR variable to 29.9%APR variable according to your circumstances. However most of our clients qualify for a typical APR of 12.9% APR variable

Loans for Homeowners with poorly paid credit.

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.