Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk

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CashComet is a licensed credit broker and not a lender. We are not a direct lender.

We will never charge you for our service and the lender will not increase the rate to cover our fee to them.

We work with over 40 different lenders to bring you the very best rates from across the UK market.

Representative 305.9% APR. Representative example: £400 borrowed for 90 days.

Total amount repayable is £561.92 in 3 monthly instalments of £187.31.

Interest charged is £161.92, interest rate161.9%(variable).

Warning: Late repayment can cause you serious monetary problems. For help, got to moneyadviceservice.org.uk.

Do not borrow more than you can pay back as defaulting on payments can cause serious monetary problems.

Any collateral you have against the amount may be at risk of repossession.

We Guarantee To Find The Right Product For You.

Loan amount
£100 - £3,600
Loan term
3 - 12 Months
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Loan amount
£1,000 - £2,000
Loan term
12 - 96 Months
CUSTOMERSCORES
Excellent
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Loans for People with Bad Credit

Do you need cash fast for a certain unexpected circumstance? Then getting an emergency loan is the best solution for you. However, getting a loan has a lot of different implications for a lot of people. If you’re one of those who are afraid of getting a loan because of previous experiences of rejection or because they know that they have a credit. Nowadays, there’s no need to worry about this because there are a lot of lenders who now approve for loans even to those who have a bad credit score.

What is a bad credit?

Your credit score is a reflection of how well or how bad you you were able to uphold [revious loan agreements. It’s a bit like report card when it comes to loans and like in school these are also graded by someone who’s an authority in this field. Your credit score would now be available to loaning companies and they may use this as a criteria to knew whether or not they should approve your loan. This also tells them whether or not to trust that you’d be able to uphold a loan agreement with them.

There are several reasons as to why you might get a bad credit score. One reason is missing a payment on a previous loan. Another reason are unpaid debts on credit cards. Finally, your bad credit may be due to being rejected for loans in the past.

How to know if you have a bad credit score?

The truth is there’s no specific score that’s regarded as a bad credit score. However, as a rule of thumb, if you have a credit score that’s in the lower 600s and below you are considered to have a bad credit score. Of course, the easiest way to know if you have a bad credit is by computing for your credit score. However not a lot of people know how to do this so instead you should look for other signs. You should also be aware of your finances and you should know whether or not you’ve missed a loan payment or if you still have unpaid debts. Your bank lowering your credit limit as well as getting higher rates when applying for loans are other signs of having an unimpressive credit score.

Where to get a loan?

One of the best places to get an emergency cash loan is pounda.co.uk. They offer low rates for you to be able to cope with your payments based on your income. If in case you find a place where the rate is lower, Pounda would beat it or match it so you’ll be given an even lower rate.

Aside from low rates, Pounda also has no fees for their loans. This is because, when you apply to them it will be a direct loan so there’s no middle man like brokers who usually take service fees and also have hidden charges that they conceal at first. Getting loans from Pounda would ensure that you won’t get any shocks at the end of the process.

Pounda.co.uk also knows how quick you need your emergency so cash so they actually give approvals and wire the money to your account on the same day. This would save you from the the hassle of waiting and being in limbo while you’re waiting for the decision of your loan.

How to apply for a loan?

Since you need money fast, the requirements for this are limited and not as many as if you would be applying for a normal loan. Usually, I should only take you a couple of minutes to get your application done.

In Pounda, they only require for you to answer a quick online form. The form would only be asking for necessary information that are easy to recall and don’t need much thought. Common questions on the form are about the type of loan you want to get and the length of the payment. They would also be asking things about your job like how much you earn and how long you’ve been working in the company.

Aside from the form, other requirements are your ID card, your bank details, and pay slip. These are required to ensure that you are providing correct information on the forms that you fill out. These also strengthen and increase the chances of you getting approved so you must have them on hand when you’re applying to prevent any delays.

Once you’ve submitted your form, it would immediately be reviewed. This process might take up to 24 hours but it’s usually shorter. You would be then sent the decision. Once everything is in order the money would be directly deposited to your bank account.

Get the Very Best Loan to Suit Your Needs

It can often be a difficult task to know what kind of loan will suit your needs the best. To make it easier for you we have gathered all our sub pages here so you can see what page will be best for you. If you are still unsure feel free to contact us and we will do everything we can to make sure you get the finance that you want.

5 most recent personal loan reviews

Review of Sunny Loans

A very good team of people, who helped me with the process which I found to be a little confusing. They also weren't too demanding of my guarantor when he needed to supply documents. Slightly higher rates than I expected for a guarantor loan but wasn't too over the top.

Review posted by Betsy Farlow, Thetford

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Creation

Creation Loans really helped me out in my time of financial difficulty. The payments are manageable and the team are very helpful and understanding. I would borrow from them again.

Review posted by Glenis Belanger, Basingstoke

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Pounds To Pocket

Excellent service would recommend to friends and family i thought it would be a bit stressful waiting for an answer but got it straight away so no waiting and the person on the phone was helpful yes very pleased with the way it was done. Ian

Review posted by Ian Stall, Derby

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews have been sourced from Trust Pilot to guarantee authenticity.