How do I get a loan with bad credit?
If you find it difficult to be accepted for credit cards or loans chances are you have bad credit or little to no credit history. That said, there are loans available at higher interest rates and lower limits for people in this situation This helps lenders reduce the risk of not being paid back. Before applying, work out what you can comfortably afford to repay each month. Then compare loans with different companies to find one that best fits your financial ability and needs. Try to only apply for loans that you’re likely to get, since each application will record a hard search on your report that can lower your score. It can be helpful to check your eligibility before you apply, to understand your chances of approval.