- Formerly missed loan repayments
- Formerly missed household bill re payments or cell phone or broadband contracts bills
- Defaulted on a merchant account
- Been bankrupt when you look at the last
Loan providers will run credit checks for you before issuing you loan provides or approving the job. You may want to see what your credit score is yourself, to get an idea of the type of loan product youвЂ™ll be eligible for before you apply for loans.
What exactly is a good credit history? You wonвЂ™t qualify for a bad credit loan if:
There wasnвЂ™t one credit that is universal within the UK, but rather three credit reporting agencies which problem independent scores, on various scales. Continue reading “Who will be bad credit loans for? YouвЂ™ll probably have a low credit history or damaged credit report in the event that youвЂ™ve:”