In the past, people looking for poor credit loans avoided some lenders simply because such loans were often too expensive and didn’t provide the amount of money required. With how we borrow money now changing, lenders have also begun to offer varying amounts of loans in an attempt to better reflect the demand for more personalised loans. This means that lenders can now provide you with higher loan amounts, usually up to £5,000. Most direct lenders will also allow you to spread the repayments over a longer period, some even up to 36 months.

The amount of money that you will be able to borrow will be different for each person. We work with a range of direct lenders who specialise in providing poor credit loans and you can use our Eligibility Checker to see your likelihood of being accepted. It is likely that if you have a low salary, it will be more difficult to be accepted for a higher loan amount, so only apply for what is needed.

The need for a loan is often sudden and unexpected. As such, these situations can often become stressful, particularly when you struggle to see where you can get the money you need from in an emergency. Understanding this, and to better reflect the modern need for speed in everything we do, most money lenders nowadays offer instalment loans that can be paid into your account quicker than ever before. What this means is that once your application is approved, our panel of lenders can send the money to you in as quick as 15 minutes*.

As with the other loans we offer, our range of poor credit loans features a simple application process and instant decision. This means that your application will not take any longer simply because you suffer from poor credit. Available online and on any mobile device, computer or tablet, we can help you find the best same day loans for you, 24 hours a day, 365 days a year. Therefore, no matter what situation you suddenly find yourself in, you can rest, safe in the knowledge that there is always an option for you. Offering competitive repayments and providing you with complete control over your loan, we will do everything we can to ensure you quickly get the right loan for you, on your terms.

As people are all unique, so are their credit histories and circumstances. What is the best loan for one person might be totally unsuitable for the next. At CashUpJar we work with a market-wide panel of lenders to ensure that no matter what your circumstances, we have a product that suits what you need. Some direct lenders will issue poor credit loans to customers who have missed the occasional payment, where others cater to customers who are looking for very poor credit loans. Some customers who have had a CCJ, for instance, will struggle through most poor credit lenders, however, CashUpJar work with specialist lenders that will consider even the lowest credit score for a loan, if they can display that recent credit has been repaid and that they have the ability to meet the repayments

The amount of time it takes to improve your poor credit rating will depend on how bad it is. Making repayments on time, correcting any errors, getting on the electoral roll and reducing your debt can all help, but the biggest healer is time, as long as you do not make late payments or go over credit limits, you will see your score gradually improve.