Bad Credit Loans

Struggling to get a loan? A poor credit score could be what’s stopping you!

If you have a bad credit history and haven’t been able to obtain bank loans or borrow money elsewhere, bad credit loans could be the solution you need. Maybe a surprise dental bill needs paying, your car needs an extra part, or you’ve (unusually) fallen behind in rent and you have your landlord knocking on your door. Either way, don’t let a bad credit score stand in your way. Here’s where Payday Loans Net may be able to help.

Why should you choose direct lender PDNET?

Apply with Bad credit No added fees Quick application
Secure lender Repay early,
save on interest
Same day funding


Bad credit Loans No added fees
Quick application Secure lender
Repay early, save on interest Same day funding

Can I get bad credit payday loans with PDNET?

Payday Loans Net has a high rate of approval in the UK, and we often approve loan requests for payday loans for bad credit. We always carry out a credit check and affordability assessment, but primarily our decision is based upon whether we think the borrower will be responsible for repaying the loan. So even if you need payday loans for very bad credit – you can give us a try today.

Are loans for bad credit with no guarantor safe?

Poor credit loans are just as safe as any other FCA regulated products. Lenders who approve people with poor credit are not less careful, they will just look beyond a low credit score if an application matches all their other criteria. At PDNET, we’re strong believers that people cannot be judged by a mere number. You can apply for loans for bad credit with no guarantor and no fees from a direct lender , even if you have a poor credit score, right here!

Applying for loans for bad credit direct lenders?

Here’s what you should know

Loans for bad credit are a very risky business for a direct lender, and are based on mutual trust. Do not apply for a loan trying to hide your credit problem. The other way around works much better. Talk to the lender if you are aware of an issue in your credit file. Getting a pay day loan is a serious thing. Do not let the instant decision and quick funding mislead you. Be truthful to yourself and your lender of choice. After all, the best direct lenders in the UK want to help you improve your situation.

Loans for people with bad credit

PDNET’s customers often apply for loans for people with bad credit with an instant decision and no fees. Common uses for these loans are emergency expenses like home appliances repairs as well as debt consolidation for bad credit, wedding expenses and even holiday expenses.

When borrowing online loans for bad credit, it’s important for people to consider whether the expense is legitimate or not. We do not recommend taking even small bad credit loans if the expense is something you could do without. The convenience of pay day loans can create a danger if people are too quick to use them.

What is a credit score?

A credit score is your personal credit rating which tells lenders what level of risk is involved if they lend to you. Your credit score includes personal information, as well as various details about how you have handled credit in the past. These include your credit card histories, whether you have repaid bills and payments on time, if you have declared bankruptcy recently and other such financial information.

Credit reference agencies – most commonly Experian; CallCredit and Equifax collate data from an individuals’ credit history and give it a score. When a person applies for a loan, the lender accesses their credit file and considers whether it would be responsible to lend to them at this time.

Why do bad credit direct lenders check credit history?

It is an FCA requirement for all UK lenders to perform a credit check. ‘No credit check loans’ are dangerous and should never be considered as a credit option.

If an individual has a low credit score, the lender may choose to lower the amount that can be borrowed or increase the interest rate of the loan. PDNET never increases the interest rate for borrowers with bad credit. We believe that everyone deserves a fair chance, and our interest rate is fixed.

How can you improve your credit score?

If you find that a really bad credit history is getting in your way of applying for personal loans or even short term loans, the best way forward is to take steps to improve your credit score. Here are various ways that you can achieve this.

  • Pay off any outstanding debt (do not take out short term loans from direct lenders to pay back other debts, as this will only show that you cannot manage repayments independently).
  • If you take out payday loans, pay them back on time. This shows that you are becoming more responsible with your finances and in this case, payday loans can help to boost your credit score.
  • Check over your credit report to ensure there aren’t any errors. It isn’t common, but people have found discrepancies. You can check your credit report yourself for free with Experian.
  • Increase your credit limit – This shows lenders that you are confident in being able to repay large sums of cash.

What do I need to apply for short term loans with bad credit?

To apply for our loans, you need to:

  • Be over 18
  • Reside in the UK
  • Have a UK bank account
  • Have a reliable source of income

If you fit these criteria, you can apply for a loan with PDNET. Our easy application is accessible at any time of day from any device. Once you apply for our bad credit loans online, you get an instant decision with your loan status.

Bad credit loans alternatives

Bad credit payday loans are a quick and easy way of getting cash. But they have a high interest rate, and regular use of these loans can lead to debt. Here we’ve listed some of your other loan options.

  • Personal loans – Available from banks, personal loans have a lower interest rate but may be harder to get approved for with bad credit.
  • Secured loans – Secured loans are a cheap alternative and are easy to get approved for. The risks are higher in cases of default.
  • Guarantor loans – These are easier to get approved for and cheaper than payday loans. The process can be long and tedious.

Loans for poor credit confusing you?

It’s important to understand what you’re applying for when you apply for a payday loan. Take care to ensure you understand the loan terms before applying.

What We Offer What That Means
Bad credit payday loans direct lenders onlyWe are a direct lender. We will never pass on your information to a third party without permission from you.
Instant loans for bad creditWhen you apply, you get a decision within 90 seconds. Once approved, we fund the loan on the same day.
Very bad credit loansIt doesn’t really matter if customers have very bad credit loans UK, or a fair credit score, as long as we see that you are likely to repay, we are happy to help.
Unsecured bad credit loansOur bad credit payday loans are all unsecured.
Loans for bad credit no guarantor no fees instant decisionYou do not need a guarantor to apply for our loans, and we don’t charge any fees to apply either. You pay for what you get, not a penny more.

Written by: Tracy Walter
The article "Bad Credit Loans" was last modified on