Bad Credit Payday Loans

The thought of bad credit payday loans can worry the best of us. If you have bad credit it can seem impossible that you would even be considered for a payday loan, but here at Bonsai Finance we disagree. Whatever bad credit you have, whether that is a County Court Judgement (CCJ) against you, one or more defaults on repayments or if you have been declared bankrupt, we can find the right sort of payday loan for you.

What Are Payday Loans?

Bad Credit Payday LoansThe beauty of a payday loan is that you borrow a small amount of money for a small amount of time. It is just a way of paying bills or unexpected expenses if they crop up just before your salary is paid into your account, and they are usually arranged for a matter of days rather than years like a traditional loan. The interest is calculated daily because you will be paying back the total in a shorter time span than normal, but as long as you pay them off when required, a payday loan can be just as reasonable as other more traditional alternatives. The other bonus is that they can actually have a positive effect on your credit score as long as you do pay the loan back on time.

How to Get Payday Loans for Very Bad Credit

Payday loans are everything a normal loan isn’t. They are generally for a smaller sum of money for a shorter amount of time and they can be arranged far more quickly than traditional loans. What makes them even better is the fact that they are usually decided upon because of a person’s salary. This makes payday loans for very bad credit not only possible but ideal as often credit history won’t even come into play.

Guaranteed Payday Loans for Bad Credit

You many think it is an impossibility to get a guaranteed payday loan for bad credit, but when you realise that a credit check is rarely necessary it all becomes clear. Payday loans will only be given to those people who can prove their salary and as long as you can do that, usually by providing your bank account details, then it doesn’t matter what your credit history is. If we can be sure that you can afford the amount of the loan and the repayments, then we can find you lenders that have competitive and affordable rates.

Payday Loans for Poor Credit

It doesn’t matter what you want the loan for or what the state of your credit history is, if you are looking for payday loans for poor credit then we are here for you. Poor credit makes no difference at all to the rates and fees of the loans that we can find for you. All we ask is that you can prove your salary and once we have that sorted, we can search out lenders with competitive interest charges that are available to help you.

How We Can Help You Find Bad Credit Payday Loans

We have access to many respectable and dependable lenders that will be only too happy to provide you with a payday loan irrespective of your bad credit history. The online application process is very simple, and as long as you are 18 and have a UK bank account that your salary is currently paid into, there is very little else for you to worry about. As long as we are sure you have the ability to repay the loan we will not need to check your credit history. All you need to do is choose one of the excellent loan options that we will provide for you, so contact us today to see how we can help.