Having a bad credit history does not mean that you can’t get new credit. You may simply have to pay a higher price for it. However, not being able to afford the monthly repayments will mean that you can’t get new credit. All the lenders we work with have responsible lending policies and as such they are obliged to ensure that anyone who applies for a loan could afford the repayments without damaging their household budgets.

Please expect any lender you may wish to finalise your application with to request both income and expenditure information. Please also keep in mind that should you fail to meet your repayment obligations that there will be financial consequences – extra fees, default notices, county court judgements and a diminished credit rating. Please do not apply for credit if you know that you will struggle to make the necessary financial repayments.