Short Term Loans
We are online brokers providing you with access to short term loans from a multitude of lenders. Our short term loans will allow you to borrow a certain amount of money over a particular time frame, with fixed payments until the loan is completely repaid.
Cheapest Short Term Loan Options
Here at Bad Credit Loans, a decision on whether or not we’ll be able to provide you with a short term loan will depend on a plethora of factors, from credit history to income vs outgoings etc. A short term loan can provide the perfect solution for both personal and business needs and upon approval, you’ll need to agree to pay the loan in question back within a certain timeframe.
Our team are here to provide you with all the advice and guidance when it comes to securing a short term loan. They’ll also ensure you’re clear on exactly what’s involved when you take out a short term loan i.e. the potential risks, should you not pay it back in time.
Here at Bad Credit Loans, we want to make it clear that we’re a broker for short term loans, and not the lender themselves.
What are Short Term Loans?
A short term loan is a loan that’s obtained or taken out in order to support either a personal or commercial need. A short term loan is a form of credit and involves a person borrowing capital that will need to be paid back; often incurring interest. All short term loans will have a due date when they must be paid back by – usually within a year from having the loan approved.
Short term loans are great options for companies or start ups who may not necessarily be eligible for credit. Short term loans usually involve smaller borrowed amounts ranging from £100 to £5000 in some cases. These types of loans can be suitable for personal needs, especially when individuals may find themselves with very sudden and unexpected financial needs.
Consider before applying
We’ll always take the time to provide you with the necessary advice and guidance before you sign for any loan, however there are certainly a few considerations to make before applying or accepting a loan of any kind.
- Interest Rate – make sure you’re getting the best deal and are fully aware of the interest rate you’ll be accepting.
- Monthly Repayments – are you completely aware of the monthly repayments? Are you happy with what you’re agreeing to pay back each and every month for the full term of the loan?
- Total Amount – are you aware that with interest, you’ll be paying back more than you’re actually borrowing?
- Budgeting – are you able to continue these payments should you lose a portion of your income? Are you able to pay additional charges for late payments or even missed payments and early terminations?
We Are Experienced Professionals in the Credit Industry
We have years of experience in connecting people with bad credit to online loans. We work closely with you to find a loan that fits your situation, providing tailored loan solutions that are manageable and less risky than alternatives.
Bad credit can result from missed payments, defaults, or high debt levels. We collaborate with lenders who consider your entire financial situation, increasing approval chances and securing suitable loans.
So don’t let bad credit stop you from getting the financial support you need. Contact us today to explore your options for online loans with bad credit. Apply now and take the first step toward financial stability.
Take the first step toward financial stability
Authorised and regulated by the Financial Conduct Authority. Authorisation Number: 804740
Companies House Registration Number: 11249493