Apply now
  1. Home
  2. Short term loans
  3. Bad credit loans

Bad credit loans

If you have a bad credit history, it can be hard to secure a loan from mainstream lenders. You may have had trouble keeping up with repayments in the past, received a County Court Judgement or even have no credit history at all. Morses Club may still be able to help.

When we talk about bad credit loans, it refers to a type of loan that may be suited to people who have perhaps had a less than perfect credit history. Morses Club may be able to offer you a cash loan that could help if you come up against unexpected costs.

Can I apply for a loan if I have bad credit history?

At Morses Club, we don't just look at your credit score. We consider all your circumstances, including your income and outgoings to make sure that your loan is manageable and affordable for you.

Even with bad credit, all our loan applications are looked at on an individual basis and all circumstances are considered*.

What is a credit score?

Your credit score is used by lenders to help determine whether you qualify for a loan, credit card or other credit. This is based on your credit history and how you've handled your finances historically.

There are many factors that go into determining your Credit Score:

  • Information on your credit report such as how much of your available credit you're using and total debt
  • Your history of credit account payments
  • Credit searches (such as when a credit application is made)

The three main Credit Reference Agencies in the UK that determine your Credit Score are Experian, Equifax and TransUnion. You can go online at any point to any of their websites and find out your Credit Score for free.

For definitions of other common financial terms, take a look at our jargon buster page.

With a bad credit loan from Morses Club

  • New customers can get up to £400 in just a few days
  • Existing customers can borrow up to £1000
  • No hidden charges or administration fees
  • No guarantor needed
  • Fixed weekly payment amounts
  • Friendly agent home-collection service
  • Fixed interest rates

As well as this, you'll have the security of knowing that you’re dealing with a reputable direct lender, with a history of over 130 years.

Call now or apply online today and see if you could be approved in principle for a Morses Club loan. There's no paperwork involved, however you may need to provide documents during your affordability assessment.

Don't let bad credit put you off getting the loan you need.

*Excludes people who have been declared bankrupt, applied for Sequestration, had a Debt Relief Order or an Individual Voluntary Agreement within the past 6 years.

Apply now

Existing customers can borrow up to £1500 subject to approval.

Customers love Morses Club

Morses Club
Rated 4.6 out of 5 based on 1892 reviews. See some of the reviews here. Powered by trustpilot