If you have an Adverse Credit rating you might struggle to get accepted for a loan. Reasons why you might have an adverse credit rating include having a CCJ, mortgage arrears, missed payments to creditors or because you are a discharged bankrupt.
Need Credit believe that an adverse credit rating should not be the reason that you get rejected for a loan. We have a strong panel of lenders who are often willing to look beyond your credit history and offer you an adverse credit loan, depending on your financial circumstances.
Our Need Credit advisors have access to many of different lenders, and will help you to find a loan which is designed to reduce the financial burden for those suffering from the effects of a adverse credit.
For free information about an Adverse Credit Loan, contact Need Credit today on 0800 048 1774 or fill in our online Quick Enquiry Form and we will call you back.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
Need Credit is a trading style of Ask Finance Ltd (Registered in England and Wales. Company number 4229724), a wholly owned company of the Harrington Brooks Group Ltd. Ask Finance Ltd is licensed under the 1974 Consumer Credit Act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance Ltd is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.