Other types of bad credit loans in the UK
There are various types of loans offered to the people of UK who have a really bad credit record. Each loan policy has been designed and tailored as per the needs and circumstances of the customers. At Tikibar, we offer a series of loans to the people with bad credit score. These loans are provided without any credit history check. All they need to do is to satisfy certain criteria in respect to affordability and you can get loans at the best interest rates. Let’s have a look at the various types of bad credit loans that exist in UK.
For the market of bad credit, loans have increased to a great extent and making the race competitive for businesses, there are various types of other loans are provided packed up with fancy names and different features. We, here, have listed the types and provided little information about each of them to help you understand how they actually work.
Types of other loans –
Instant bad credit loan
If you are looking for instant cash for a short term, come to us. We offer short term loans to UK citizens with both bad and good credit history. These types of loans have been designed to meet the short-term requirements of customers. The repayment of this loan is required to be made in full and the time period is limited to a few weeks to months. Therefore, if you require fast cash to pay off your electricity bills, medical bills, grocery bills or anything, then applying for an instant loan is the most viable option.
These types of loans are quite similar to an instant loan. Presently, they are largely popular as these loans are easy to get. Just fill up an online form; you don’t need to wait for days for approval. You will get the answer in just a few minutes. The best part of this loan is that people with bad credit history can also apply for this. You need to be a resident of UK with a definite source of income and should be above 18 years of age with a bank account. If you meet all these requirements, your application will get instant approval.
With a doorstep loan, you can get £1000 loan within just a few days. These loans have been specifically designed for bad credit market. It provides a solution to any of your financial issues. This any purpose cash loan is available for everyone who can afford the repayment. The loan takes maximum of 48 hours for approval and you can apply for it easily by filling its online form.
A bad credit instalment loan allows access to larger loans on a monthly instalment basis. Applying for an instalment loan takes a few minutes and it can be done online. All you need to do is to provide your personal details and within a few days, you will get to know whether your application for a loan has been approved or not. You will even receive the amount within just a few days.
A logbook loan is a useful loan if you would like to raise your capital by using your vehicle as security. This loan has been specifically designed for bad credit market and therefore, its interest rate is a bit higher than other credits or loans.
To get more information about other types of bad credit loans in UK, stay connected with Tikibar guarantor loans.