Have you ever had your application turned down because of your poor credit rating? When it comes to borrowing money, your credit score plays a paramount role to help a lender decide whether to sign off on.
However, there a few direct lenders in Ireland who invite applications from bad credit borrowers too. We feel proud to be one among them providing bad credit loans. You can apply despite a less-than-perfect credit score for these short-term loans. If your credit report is not stellar, do not worry as MyCredit Bucks offers these loans at bespoke offers that suit everyone.
Applying for a loan despite a poor credit rating is no longer difficult. As long as you can prove your REPAYING CAPACITY, you can get funds without hindrances.
Where to get a loan in Ireland with bad credit? Many borrowers ask such question or explore the search engines to find out the answer. Getting poor credit loans from financial institutions other than direct lenders cannot be possible because they still follow traditional lending methods.
Mainstream lenders regard bad credit as a symbol of your inability to repay your debt and do not approve a loan application if your credit report is abysmal.
Direct lenders are a bit more lenient than mainstream lenders. Though bad credit shows negligence on your part, they still try to consider your application believing the fact that you may need money for emergency reasons.
We are one of the prominent lenders that try to disburse funds as immediately as possible. Bad credit loans on instant approval are what we are committed for when it comes to funding your unforeseen expenses.
Here are the benefits of applying for these loans with us:
|Interest Rates Easy for your Pocket||Soft Credit Assessment||Easy monthly instalments|
|We charge the most competitive interest rates in Ireland. You can compare us with other private lenders in Ireland, but in the end, you will find our rates most competitive in the market||We make soft inquiries and hence search footprints will not show up on your credit file. Such process becomes easier to cope up with complexity occurred during the loan process.||You can pay off the loan amount in either fixed or flexible monthly instalments. The repayments are easier for your monthly budget and contribute largely to the improvement of your credit score.|
If you have come up with an emergency, you would naturally like to apply for bad credit loans that come with the instant decision in Ireland. However, to get the processing of these loans faster, you will also have to bear the following points in mind:
If you follow the tips mentioned above, you will have growing chances of qualifying for bad credit acceptance loans.
Just because poor credit loans are easily available, it does not mean you can use them to fund even planned expenses. Bad credit loans in Ireland can be a bit expensive due to high-interest rates.
This is why it is recommended to apply for these loans when you need money for unforeseen expenses. If you fund your planned expenses like a wedding, you will likely fall into a debt trap. Try not to fund recurring expenses like utility bills with these loans. Otherwise, this vicious cycle of debt will continue. In brief:
Undoubtedly, our bad credit loans provide you with exclusive features. We assure you that these features will make these loans best suitable to your circumstances. Our personalised deals can help you tide over.
These do not just intend to help borrowers who have a full-time job. We also consider self-employed people and unemployed people.
If you are self-employed, you will have to show your profit and loss statement along with a bank statement as it will help us know your repaying capacity. However, your business must be at least one-year-old.
We understand that life can throw you a curveball at any time. The unemployed may also have monetary problems due to unforeseen expenses. Under such circumstances, you can apply for poor credit loans, but you will have to submit your income statement like unemployment benefits, income from a part-time job or freelancing, and the like.
So, when are you going to apply for bad credit loans? Now! Then Click Here.
All your queries will have an answer from our financial experts.
You can apply for several loans, despite having a bad credit score.
You need to do two things to get loans with bad credit;
Yes, you can. Your poor credit history cannot stop you from availing a personal loan. These are loans that provide you with a lump sum that you can use for your individual needs. Loans for bad credit work on the same principle.