Applying for the loans requires some obligations to follow and credit score is indeed one of them. Lenders specifically do credit assessment to judge which borrowers are more sincere and which are risky to lend. Having a poor credit history often puts a blot on your financial creditworthiness. However, bad credit loans are purposefully proffered to these individuals, making surviving in tough situation a lot easier.
Mainstream lenders are strict on people with less-than-perfect credit scores, but the direct lenders in UK have shown interests to serve them financial assistance without making the approval procedure tricky. ExtraMile Finance, a true representative of direct lending, is indeed one of those online lenders where applying for loans has never been a cumbersome tasks.
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Responsible lending paves the way for many purposes to meet no matter they are for personal life or for your business. The loans for people with bad credit score are basically any purpose loans and you can use them to gain multiple benefits. Before approving your loan application, we do not ask for your purpose because our main concern is your positive approach towards the lending process where repayments can be done on-time.
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The unevenness into the financial life of the people causes several grim consequences for them. A blemished credit report is one of those consequences that trapped many people living in the UK. Expecting too much from loan marketplace is obvious and private lenders in UK have done maximum into the favour of the borrowers. ExtraMile Finance is not an exception in this regard. In fact, not just one specialised deal, we have brought our other finance products for individuals carrying low credit score. Take a look here:
Yes, of course. Possibility is always there to borrow funds through very bad credit loans with no guarantor from direct lender in UK. Not just that, but we have our lending doors open for people with CCJ (County Court Judgement). However, they may have to bring a guarantor and they should be employed at the time of submitting application.
What makes these loans necessary to apply?
We are well-prepared and well-committed to offer you the best deal on pre-approved bad credit loans in UK. Reviving your financial life is our main goal but for that, you need to apply and give us the opportunity to do so.
Yes, you can apply for bad credit loans with ExtraMile Finance even if you are on benefits. We will treat benefits as your income.
As a responsible lender, we will look over your income statement to see if you can afford to pay money back after meeting all of your expenses.
No, we accept applications online. Go to www.extramilefinance.uk/, fill out the application form and get funds immediately after approval. The entire application procedure hardly takes half an hour because ExtraMile Finance does not ask for too much documents.
Yes, you can apply for bad credit loans if you are self-employed. Since you do not have consistent cash inflows, we will look over your income statement to determine your repayment capacity. If we feel that you can afford to borrow money, we will transfer funds to your account.
Yes, you can. ExtraMile Finances accepts payments before time. We do not charge prepayment penalty. Likewise, we also help you to extend the payment length if you struggle to pay off the loan provided you inform earlier than the due date.