Do you think you're blacklisted?. Find out how much a personal unsecured loan could cost, even if you think you are blacklisted by credit companies. Complete your details below for a personalised loan quote. Make a fresh start by consolidating debts with a personal loan
This illustration is for a standard personal loan. Depending on your circumstances, you may not qualify for a standard loan, but may be offered a short term, high cost (payday) loan. Complete the application and we will get back to you with the most suitable loan we can offer
Think you're Blacklisted and need a Loan. First, here's the good news. There is no such thing as a blacklist.
Many people believe that by having a bad credit history you are barred from being able to get a loan in the future and that your details are added to a "credit blacklist" meaning you will not be eligible for a loan.
In reality, many loan applications are rejected because the client does not meet the criteria defined by the lender they are applying to. When you apply for a loan, each lender will determine whether your circumstances are acceptable to their lending criteria. If you meet their guidelines, you will normally be offered a loan. If not, you will be turned down. However, there is no central blacklist of people with bad credit scores that lenders use as the basis of determining who they will lend to.
Being refused credit by one lender, doesn’t necessarily mean you will be refused by another. Each lender has their own criteria they need to keep to and this varies from company to company. Lenders do share information through individual's credit reports, but each lender examines the information on your credit report and assesses you based only on their own guidelines.
You may have been refused a loan before but now need a loan to buy a car, or for car repairs, or you may need a loan for home improvements. Loans are available for people who have had prior credit problems but are now in a different financial situation - these can be loans are for tenants or if you are renting and need low APR interest rates. If you need to pay off your debts quickly, maybe to pay off other loans or credit cards, we may be able to help you, even if you think you are on a 'blacklist'. Bear in mind that although a new loan may reduce your monthly payments, it may increase the overall amount you will pay back.
If you are having financial problems and you are worried about where to get help with you finances, we can put you in touch with a reputable loan broker. You do not have to enter an IVA or declare bankruptcy for a bank loan. A qualified loan broker can help you take control of your finances even if you thought you were on a blacklist, however quickly you need you money.
If you have had previous issues with payments or defaults and need a personal loan, we can put you in touch with a regulated loan broker, even if you have had financial problems in the past and you are worried about where to get help with you finances. If you need to raise money fast, a qualified loan broker can help you get back control of your finances.
There are five different types of loans available:
To find out how much a personal or payday loan will cost you, please complete the loan application form
If you have a parent, family or friend who will act as a Guarantor, you can apply for a Guarantor Loan from £1000 to £10,000. APR from 39.9%
If you want a car loan, complete the Personal loan application form
The loan broker will contact you to discuss the loan and let you know the monthly payments
Please make sure a personal loan is right for you before taking it out. You should always think very carefully before committing to any form of credit or borrowing money.
If you're trying to manage existing debt or in financial difficulty, consider what your options are before you borrow. For further help on managing your money visit the Money Advice Service.
Our fast, secure application gives you access to multiple lenders, finding you the cheapest loan based on your personal circumstances*.For short term loans, payday loans, car loans, unsecured homeowner loans
This is the bottom line. As a company, we only get paid if we successfully get your loan paid out. We will endeavour to find the most suitable loan or plan for your individual circumstances. We will do everything we can to get your loan paid out as quickly as possible.
If you are looking for a new loan to replace other forms of credit, such as credit cards, Hire Purchase or other loans, you are advised that the duration of the new loan will be longer or the total amount payable will be higher than your existing arrangements
We offer loans throughout the UK
Copyright © 2018. 1st Loan is a trading style of Joel Malach. We are authorised and regulated by the Financial Conduct Authority. Firm registration number 720851. Data Protection Licence Number: Z8904952. Registered Office: Warwick House, Lowes Road, Manchester. BL9 6PJ1st Loan may receive a fee/commission for either referral or completion of your loan application.
1st Loan is a responsible broker, and as such, would not be able to help if you are looking for us to pay out a loan to someone who is unemployed or receiving benefits as a primary income, who is in financial difficulties or cannot afford to make full loan repayments.
Please see our Responsible Lending Code of Practice for further information or for contact details of organisations who can help people in financial difficulties
Please read our Treating Customers Fairly Policy which shows our commitment to treating our clients fairly and meeting their expectations of high quality service.
Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495). This would result in an overall cost of 9.1% APRC. Minimum Term 12 months. Maximum Term 300 months. Maximum APR charged 49.9%.
Representative APR Example: 1212% APR variable. £300 borrowed over 30 days would equal total borrowing of £372.Personal Loans
Rates from 5.7% to 278%. Representative 51.1% APR. Representative example: £2,000 borrowed for 24 months. Total amount repayable is £6,512.44 in 24 monthly instalments of £271.36. Interest charged is £4,512.44, interest rate 112.8% (variable)Short Term Loans
Rates from 278% to 1576%. Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable)
This page provides information and advice on loans for people who think they are on a blacklist