We all need money in order to do various things. If you want to remodel your home, you might need to get a loan for this project. If you want to buy a new vehicle, you might need to get a car loan. In addition, if you want to start a business, you might have to apply for a business loan so that you can buy stock and so forth.
Unexpected circumstances can mean that a borrower is unable to pay back a loan on time, this can negatively affect your credit score. Failure to pay back credit on-time might mean that obtaining a loan in the future could prove very difficult.
BadCreditsite.co.uk offer a broker service to UK borrowers allowing them to find a lender willing to say yes to them based on their specific credit rating. All this, while never doing a hard search on your credit file. There are a number of other benefits to the free service which are also worth noting such as:
- Instant loans
Accidents normally happen when you least expect. Emergency loans can be hard to come by since lenders want to do due diligence before giving their money to a borrow. Some of the lenders BCS work with can send cash to clients accounts in as little as 15 minutes.
- No hidden costs
Some financial institutions normally offer loans with hidden charges. This can mean paying back twice the amount you borrowed and sometimes more! BadCreditSite.co.uk itself is a free service with no costs at all, they also only worth with FCA regulated lenders who offer loans with no up-front costs.
- Privacy of data
When you’ve given your details to an irresponsible broker or even lender, they might go on to sell your data to other related companies who’ll spam you trying to sell you other products, Bad Credit site themselves don’t store your data or market to you directly, what more is they send your information only to the lender who’ll be issuing your loan.
- A guarantor is not necessary
There are people who normally apply for loans and have a guarantor who’ll be able to back their application. You can still apply for a loan via BCS without a guarantor involved, the majority of the lenders and brokers on their panel provide unsecured loans.
- Number of lenders
We have a panel of more than 20 lenders actively funding loans on a 24/7 basis. These include payday loans, bad credit loans, doorstep loans and so on. This means you’re far more likely to find the loan you need as opposed to applying directly to one lender