Poor Credit Tenant Loans
Poor credit tenant loans are available through the Adverse Credit Loans Company to UK tenants with poor credit history, poor credit rating, CCJs (county court judgements), defaults
and arrears. Unlike some of our competitors, we are able to accept applications from non homeowners - private tenants, council tenants and people living with parents
and hopefully help them obtain unsecured personal poor credit tenant loans. We can also help homeowners obtain a secured or unsecured loans for poor credit.
Some people are declined credit because they have never had any in the past, some people find it difficult to get credit because
as a tenant you may move frequently and may not be registered on the electoral role. Other people may have a poor credit rating due to bad
luck or one or two missed payments. As a tenant it is more difficult to get credit because a tennant will not own a property to offer security to the
lender of the loan. Therefore, the lender sees it as more of a risk to lend money to tenants, particularly a tenant with poor credit rating.
We deal with tennants with a variery of problems that have led to being refused credit in the past due to their
poor credt. We also get applications from people with clean credit who may have problems - maybe you're a high earner, recently self employed and cannot prove a regular income.
These are examples that we see every day from our clients. What ever your circumstances, not owning your home can make it more difficult to get a good deal on a loan.
However we deal with a range of lenders who might be able to help you as a tenant with poor credit.
- We are happy to try to help anyone with poor credit get a loan, despite the level of current debt. Different lenders have different criteria based on
status and affordability.
Every day we deal with tenants with poor credit history who are looking for a car loan, holiday loan or debt consolidation loan to consolidate all their
existing debt with one easy poor credit loan. We will do our best to help you obtain the loan
that you need, for any purpose.
One important thing about applying for loans, particularly if you have poor credit is
that you tell the broker or lender the truth at the outset, and make them aware of whether or not you are currently suffering from poor credit
or whether you have done in the past. They may ask for details of any CCJs (county court judgements), defaults or mortgage arrears.
Please bear in mind that a poor credit loan lender cannot just take your word for it, they will want to verify your credit history. The truth of
the matter is that by
having an idea of your position from the beginning can make a difference to the speed of obtaining a poor credit tenant loan.
Please bear in mind that it is in everyones interest to be able to offer you a suitable loan and to process your application
as fast as possible. Lenders and brokers will often do their best to offer you an alternative if they are unable to offer you the loan you want,
either by changing your monthly payments, loan amount or term of the loan. You are under no obligation to proceed with any quotes you are given.
We are aware that people have problems and we really do deal with people with poor credit histories every day. We receive enquiries
every day that contain a combination of tenants and homeowners with poor credit, mortgage arrears, CCJs and defaults which go on to complete.
Apply online now in seconds using the no obligation poor credit tenant loans enquiry form on the right hand side.
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