All posts in Bad credit loans

Improving your credit score with a bad credit loan

Newspaper saying "tough times" in big letters

Everyone tends to have to make an expensive purchase at some point. It may be you need a new car or need to so some emergency repairs to your home such as a new roof or boiler. Whatever the reason, it is not always easy to get credit especially if you have a bad credit history. This is worst now more than ever due to the global economic difficulties. Read more…

Ways to get out of the “bad credit spiral”

Mountain climber getting a hand

When credit became easier to get hold of many people just kept borrowing more and more money. Transferring balances from credit card to credit card, taking out loans, using overdraft facilities, it was an easy thing to do. When the recession hit, people were being made redundant or at best weren’t getting a pay increase. With the other costs of living such as food and energy increasing rapidly, money has become short for many. The debts however mount up rapidly and all of a sudden people were finding themselves in a lot of debt without a way of repaying their monthly outgoings. Read more…