Bad credit history
If you have a bad credit history then you may be worried about trying to apply for a loan or a bank account. Many banks are being stricter about who they lend money to and this makes it difficult for many people who have experienced financial hardship lately.
It may come as some surprise that some people are even finding it difficult getting a basic bank account as banks are conducting credit scores which come back as negative. If you are young and are applying for a bank account, some banks may not allow it as they see your credit score as being bad simply because you have little credit history in place.
Other people might find it difficult to obtain an unsecured loan as banks just aren’t lending money like they used to be. However, there are options available from non-mainstream banks that are willing to help people with bad credit scores. On some comparison websites you can compare guaranteed bank accounts and bad credit unsecured loans which then enables you to apply online without having to speak to a bank manager in branch.
Usually decisions will be back with you in 24 hours, sometimes sooner.
If you have a bad credit history or no or little credit history, then it might be an idea to check out some of these options.
Processing your request, Please wait....
