Bad Credit Loans
We are a direct lender providing affordable bad credit loans
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Representative Example
If you borrow £500 over 12 months, your total repayment is £929.40. Your monthly instalments will be £74.95 and a one off 6% administration fee of £30. With a 280% Representative APR.
New customers can apply for a loan of up to £1000 for between 6 and 12 months. Existing customers can apply for a loan of up to £3,000 for a maximum 18 months.
Loans for Bad Credit
At Fair Finance we will consider your loan application even if you have poor or bad credit. We understand that sometimes life is complex, credit reports can be faulty, but most importantly that situations change.
At Fair Finance:
- we look primarily at your current financial situation and less about what happened in the past, and
- we think you shouldn’t be denied a loan just because your credit history is not perfect
Improving your credit profile with Fair Finance
When you borrow and then repay a loan with us, we share this information with all major credit reference agencies in the UK (Experian, Equifax and TransUnion). This way, other lenders can see that you are repaying a loan with us. By getting a loan with Fair Finance, you improve your credit history and start to move from bad credit to good credit again.
The Fair Finance Service
As a first time client with us, you can:
- borrow up to £1000
- repay over 26 to 52 weeks (6 to 12 months)
- choose weekly, biweekly or monthly repayments to make it easier and more convenient to repay
Use the calculator above to see how affordable our rates are.
When you apply online, we aim to come back to you within one working day, but usually we come back in a few hours. We know that speed is important to you and that sometimes life emergencies need attending.
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WHY BORROW A FAIR PERSONAL LOAN
Bad Credit? On Benefits? New to the UK?
Discounts for existing customers
No hidden surprises
LET US ANSWER YOUR FAQ’s
We are a direct lender providing affordable loans of up to £3000
Why should I come to Fair Finance?
Fair Finance is a social enterprise. We aim to tackle financial exclusion. We build products for people with financial problems. We offer the cheapest price we can that is responsible and sustainable. We are actively transparent clear and honest.
I am not working can I apply for a loan?
Yes, we lend to those who are working or are on benefits.
How long does it take to get the money in my account?
After you have completed your online application form and submitted your bank statements, our team gets back to you with a decision within one working day or 24 hours. Remember, if we don’t have your bank statements, we won’t assess your application. In some cases, we may need to require extra documents such as a proof of ID or address. Once all documents are provided, the loan contract can be signed. Once it is signed, we deposit the money in your account on the same day during week day, and on Monday if you sign your contract on the weekend.
Any more questions?
Money worries? Need information or Advice?
