One of the most restrictive things about having a low credit score is that you don’t have access to short-term funds to cover unexpected expenses in the way that other people do. A person with a good credit score would likely just pay these expenses using their credit card, and then make regular payments back to the card.
A person with bad credit doesn’t have this kind of luxury. But this doesn’t mean that it is impossible to receive quick loans for people with a poor credit rating.
Access to the Funds You Need
Receiving a quick loan when you have a bad credit rating is entirely feasible. Many specialised lenders have developed loan products aimed squarely at the bad credit market.
The loan products do come with a higher interest rate, and they are general only available for borrowing smaller amounts of money. But they are extremely quick to apply for, and if the application is successful, the funds can be supplied rapidly.
A Streamlined Application Process
The CreditPoor application process has been designed from the ground up to make applying for and receiving a bad credit loan both as simple and as quick as possible.
To get the ball rolling, you simply need to complete the online application form on this site. And as long as the details you provide us with check out, we will do the rest.
From Application to Funding Within 24 Hours
You will receive a decision on your online bad credit loan application usually within 24 hours. And if it was a positive decision, you will be forwarded to the actual lender to complete the application process.
Once this has been done, you will receive your funds. This could all take place in as little as a single day.
Advanced Loan Comparison
We have developed an advanced platform for taking the details you provide us with at the application stage and comparing it against hundreds of bad credit loan products on offer from a wide range of lenders.
We then compare the poor credit loans that you are eligible for, and select those we feel match your requirements most closely.
We then forward you a short-list of the best loan offers that you have received, and you are free to check them over, and decide which one you would like to move forward with. You will then deal directly with the lender to complete the final phase of the application process and then receive your funds.
A Loan Broker you can Trust
CreditPoor is committed to treating its customers fairly. We are regulated by the Financial Conduct Authority and are fully compliant with all legislative requirements. We are a registered loan broker covered by the FCA.