Do you need money now for an emergency expense? Are you struggling to borrow the money you need because of your poor credit rating? PDNET can help. Apply now for bad credit loan amounts up to £1,500 and get an instant decision. With a high acceptance rate and same day funding if approved, we can help get you over the bump. We believe in helping all customers manage life’s ups and downs, even those who have poor credit.


Is PDNET A Bad Credit Loan Direct Lender?

Yes! We are a direct lender who offers instant loans for poor credit. As a responsible UK lender, we do not offer no credit check loans and always perform affordability assessments for each application to ensure that providing you with a loan will not harm your financial situation. However, our final decision is based primarily on whether we think the borrower can repay their loan responsibly. Your credit score is just a number and does not have to stop you from getting the money you need.

Can I Get Loans for Bad Credit with No Guarantor?

Yes! PDNET offers loans for bad credit with no guarantor. We support our customers’ independence and believe in their ability to manage their loans responsibly. Moreover, no matter your credit rating, you will never need a guarantor to apply for a loan with us.

Do Unsecured Bad Credit Loans Come with Higher Interest Rates?

Not necessarily. PDNET believes in treating every customer fairly, regardless of your credit score. All of PDNET’s loans are unsecured and have a comparatively low APR of 997%. Additionally, repaying your loan early can help you save on interest. Managing your money well is always the best way to save money. The interest rates we charge on our loans are authorised and regulated by the Financial Conduct Authority (FCA), keeping them within an affordable range.


How Fast Will I Get Approved for My Loan with Bad Credit?

We understand your urgency, and if you are approved, we’ll try to fund the money to your account within the hour. When you apply for bad credit loans online, PDNET’s streamlined process will give you an instant decision with your loan status in just 90 seconds! We understand that you need cash now for an emergency. We provide fast loans with same day funding if you are approved to help you when you need it most. Click here to learn more about our loan application process.

3 Tips to Help You Manage Your Bad Credit Loan Repayments

  • Firstly, make yourself a strict monthly budget to ensure you can always make your repayment and don’t get stuck in a cycle of debt.
  • Secondly, do everything in your power not to get further into debt while repaying your loan. Excessive debt can have a long-term negative effect on your credit rating and consequently place you under significant financial stress.
  • Thirdly, if you are concerned that you will be unable to make a payment on time, discuss this with your lender as soon as possible. Dealing honestly with your lender builds trust and may open up more flexible options for you.

Why You Have Bad Credit and How to Improve Your Credit Score:

Your credit rating is calculated by a credit reference agency based on an overall picture of how you manage your money.

Here are several factors that can negatively impact your credit score:

  • Overdue payments on bills, credit cards, and the like reflect poorly on the way you manage your finances and can drag down a good credit score.
  • A default from a company. For example, if a company shuts down your account with them because of late or missed payments, this can impact your credit report for up to 6 years.
  • Applying for too many credit cards or not spacing out your credit applications. Each time you apply for credit, your credit history undergoes a “hard check.” Unfortunately, when these hard checks pile up, it can bring down your overall score.

Another possible source for your bad credit issue is a thin credit file – you might have too little credit history for lenders to properly pass judgement.

A thin credit file is likely the source of the problem if you:

  • Are applying for credit for the first time
  • Have never opened a bank account in your name
  • Are a new resident of the UK. As you cannot transfer your credit history from abroad, you must, therefore, begin rebuilding it from scratch.

Bad Credit Loans Lingo Confusing You?

It’s important to understand what you’re applying for when you’re considering loans for bad credit score. Take care to ensure you understand the loan terms before applying.

What We Offer What That Means
Bad credit payday loans direct lenders only A direct lender will loan you the money themselves rather than using a middleman. A trustworthy direct lender such as PDNET will never pass on your information to a third party without permission from you.
Instant loans for bad credit When you apply for a loan for poor credit, you need the money now. When you apply with PDNET, you get a decision within 90 seconds. If approved, we fund you the money on the same day.
Very bad credit loans Customers with extremely poor credit often worry they won’t be able to get a loan when they need it most. However, at PDNET, it doesn’t really matter if customers need very bad credit loans UK, or have a fair credit score. As long as we see that you are likely to repay responsibly, we are happy to help.
Unsecured bad credit loans Unsecured loans for bad credit are a safer option for very bad credit loans as you do not need to provide any collateral such as your house or car. All of PDNET’s bad credit payday loans are unsecured.
Loans for bad credit no guarantor no fees instant decision An honest lender should never charge you a fee just to apply. At PDNET, we never charge you a fee to apply for a quick decision about your loan and you’ll never need a guarantor. You pay for what you get, not a penny more.

FAQ’s about Bad Credit Loans

Can I get a loan with bad credit?

Yes, we provide loans to people with a wide range of credit scores as long we see that you can afford the loan repayments, so don’t hesitate to apply.

How fast can I get a loan with bad credit?

When you apply for a bad credit loan online, you can get an instant decision on your loan status and same day funding if you are approved.

Does PDNET offer bad credit loans for debt consolidation?

No. Our goal at PDNET is to assist customers in unexpected financial emergencies – never to help customers sink into a cycle of debt. Furthermore, if you are struggling to repay other loans or manage your debts, we suggest that you contact a debt relief organisation such as Money Advice Service for free advice and support.

Are You Ready to Get the Funding You Need?

When you need fast cash to cover emergency expenses, it can be frustrating to keep getting rejected because of your poor credit report. With PDNET, you can apply for loan amounts up to £1,500 no matter your credit rating. We understand your urgency at PDNET and offer unsecured loans for bad credit for the times you need to borrow money most. Apply now and let us help you get over this hurdle and pave the way back to good credit.

When borrowing online loans for bad credit, it’s important to consider carefully whether the expense is legitimate or not. We do not recommend taking even small bad credit loans if it is something you could do without. The convenience of pay day loans can be a real danger if you are too quick to use them. You should only borrow money in a real emergency to avoid acquiring unnecessary debt.

Will Taking Out a Bad Credit Loan Affect My Credit Score?

Taking out credit and repaying it reliably may boost your credit score, as it shows you can handle your finances responsibly. For instance, this may be especially true if you have a thin credit file, haven’t used much credit before, or only recently opened your first bank account.

However, applying for too many loans and getting rejected can bring your credit score down since it suggests you are not managing your finances properly and are not credit-worthy.

As always, we advise only taking out a payday loan for bad credit if you absolutely need it and are sure you can repay it.

Representative example

Total amount of credit: £500
Duration of the agreement: 4 months
Repayment total: £863.24
Interest is fixed at rate of 270.10% per year – 0.8% interest per day | Representative 997% APR
Instalment 1
Instalment 2 & 3
Instalment 4
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