Even though it can be more difficult to borrow money with bad credit, you likely still have options. Many alternative lenders offer poor credit loans to address the short-term borrowing needs of people without a good credit score. Some of the most common borrowing options in this situation include payday loans; short-term loans; guarantor loans and peer-to-peer loans. Before applying it is best to research the various options and identify which suits your needs and repayment terms best. The majority of lenders will have an easy online application; screening; approval and acceptance process with the entire cycle taking anywhere from a couple hours to a couple days to receive funds.

If you have bad credit and are looking for a loan, The Money Platform could be a good solution. We offer peer-to-peer short term loans to creditworthy people that need quick cash, transparent terms, and great customer service. Matching lenders with borrowers and cutting out the middleman we ensure borrowers get their funds quickly with full support every step of the way, thereby benefiting British people, not banks. See if you qualify in under 90 seconds.