Personal loans for you, including secured loans and unsecured loans for homeowners and tenants

Call our hotline now between the following times:

MON-FRI: 8am - 9pm
SAT: 9.30am - 4pm
SUN: 10am - 4pm

Or apply online 24 hours a day, 365 days a year:

How Does A Credit Check Work?

Whichever type of loan you are applying for; a secured loan or an unsecured loan, a credit check will be performed (if you want a loan without a credit check please visit here: no credit check loans). This is a quick guide to what you can expect.

So that the lender knows that you are as good as your word, and likely to pay off your loan on time, they will usually perform the following checks:

1. Credit Scoring Check

The credit scoring check is carried out as part of the application process. This comprises of your circumstances and your ability to pay of any repayments. It is usually comprised of your employment status, monthly income and your current debts, bank accounts etc. The lender will then go through its own points scoring system. If you have a good enough credit score, you will get the loan.

At CreditForYou.com, we have access to a number of different lenders, so just because you have a bad credit rating does not mean you cannot get a loan. It will just mean that there are fewer lenders to choose from.

2. Credit File Check

Your credit file started on the very first time you became known to the financial institutions in the UK. That could be when your first bank account was open in your early years, or when you first needed one as an adult!

Since then every loan you have paid off, every credit card you have applied for and every payment you have missed has been recorded in your file. Most of this information is compiled by the banks and credit card companies that you have has credit with. The

You have every right to access your own credit file. The FSA (Financial Services Authority) can help with this. Should you believe that there is incorrect information contained in the file, you can file a statement explaining why. The inaccurate information can be moved, but any accurate information is permanently held in your file.

In summary

If you have any more questions about credit checks, please call our offices, and we can talk you through what will happen once you take a loan out. Alternatively, should you wish to apply immediately in minutes, with no obligation, please select from one of the options on the left.

Homeowner

Homeowner personal loans available between £3000 and £200,000.
No Obligation Guarantee
Perfect for bad credit

Tenant

Tenant personal loans available between
£500 and £25,000
No Obligation Guarantee
Fast and Easy

Bad Credit

Bad credit personal loans between £500 and £200,000.
CCJ’s, IVA’s, Self Employed & non status applicants welcomed.

Legal Statements:

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

All loans subject to status in the UK to home owners aged 18 and over and may be secured on property.

OUR TYPICAL, VARIABLE RATE IS 10.9% APR. RATES RANGE FROM 7.25% APR to 27.60% APR