Yes. It’s still possible to borrow money with bad credit, though you might find it more difficult to get approved or have fewer, more expensive options.
Maybe you’ve missed repayments in the past, have defaults or CCJs, or simply lack experience with credit. Whatever the case, some lenders like QuidMarket consider more than your credit score when assessing an application. As an responsible lender, we still need to assess your income and outgoings to make sure you can realistically afford the repayments.
So, a past credit issue doesn’t automatically mean your application will be declined. If it’s a yes, a bad credit loan could help you cover urgent expenses when other options are limited.


Like any type of borrowing, it’s important to weigh up the benefits and drawbacks of loans for people with bad credit.
Many high-street banks avoid lending money to people with bad credit as it’s seen as higher risk. At QuidMarket, we understand that financial circumstances can change.
Rather than relying on automated decisions, every application is manually reviewed by trained members of our team. Alongside your credit history, we look at factors like your income, employment status and existing financial commitments. This gives us a fuller picture of whether you could afford the loan repayments.
Approval is never guaranteed, but don’t worry that you’ll automatically be declined because of past credit issues.
Choose a £300 – £1000 bad credit loan, with 3 – 6 month repayments.
Our credit analysts assess your application, performing credit and affordability checks.
If approved, the cash will be in your bank account the same day where possible.
If you need a short-term loan fast to cover a gap, trust and transparency are key. We make the borrowing process as straightforward as possible, even if your credit history isn’t perfect.
Human lending decisions
One of our experienced team members will individually review your application and look at the wider picture, not just your credit score.
Flexible repayments
Our loans come with terms from 3 to 6 months, giving you more breathing room than other short-term options like payday loans.
Quick decisions
If an emergency crops up, you won’t have time to waste. Our quick, easy application process means you shouldn’t be waiting too long for a decision, meaning you can get back to the important stuff in life.
No hidden fees
Some bad credit lending comes with nasty surprises. We never charge fees, and you’ll see the repayments and loan terms clearly before agreeing to go ahead.
Responsible lending
As an FCA-regulated lender, we’re committed to offering loans our customers can genuinely afford. Don’t just take our word for it – see our thousands of 5-star Trustpilot reviews.




If you’re looking for bad credit loans, you won’t need to bypass a robot gatekeeper first. We can assess your application whether you have good or bad credit, as long as you can afford to sustain the repayments. We understand building up your credit score can take time and your current rating doesn’t necessarily reflect your current finances – we are only human after all.
You can choose affordable monthly instalments with our bad credit loans, adjusting repayments for up to 6 months to suit your budget. Our loans are designed to be accessible to hard-working people. As a responsible lender, we always consider our customers’ best interests when assessing applications. If you need emergency funds and we determine the loan is affordable for you, we could help today.


01 Apply online
Choose how much you want to borrow and provide some basic personal and financial information.
02 Our team reviews your application
Our analysts review your information and carry out affordability and credit checks to judge whether you could manage the repayments.
03 Get a decision
If we say yes, we’ll send the details of your loan agreement to review, including repayment amounts and terms.
04 Receive your loan
Once everything is agreed, we could transfer the money to your bank account the same working day.
To be eligible for one of our loans for people with a bad credit rating, you must:
Taking out a loan with bad credit isn’t right for everyone or every situation. Before you apply, think carefully:
Keep in mind that short-term loans are designed for urgent, temporary financial needs. If you’re having ongoing financial difficulties, free and independent support is available from organisations like Money Helper, Citizens Advice and StepChange.For existing customers who are worried about repayments, our team is always available to talk through your options.
Searching for loans with a poor credit score can feel challenging, especially if you’ve been turned down elsewhere. We assess your application based on your full financial situation and could help you access credit even if your score isn’t the best.
New customers can apply to borrow between £300 and £1,000 repaid over 3 to 6 months. Use our loan calculator at the top of this page to see what the repayments could look like for the amount you want to borrow.
Apply now to get started and have our team review your application as soon as possible.
Issues like county court judgements (CCJs) and defaults can stick out as red flags to many lenders. But they don’t automatically stop you from getting credit, particularly if they were a long time ago and you’ve built a better track record with credit since.
We’ll always look at your wider situation to see if we can offer the money you need responsibly.
Loans for people with bad credit history often come with higher interest rates than loans for those with average to excellent credit scores. This is because you may be seen as a higher risk of being unable to repay a loan if you’ve struggled with money in the past.
As with any loan, make sure to review the total amount repayable including interest before accepting any credit agreement.
Submitting a full application for a loan leaves what’s called a hard search on your credit file, meaning it’s visible to other lenders. This can impact your score, and it’s best to avoid submitting lots of full applications in a short space of time.
You shouldn’t do. All trustworthy, FCA-regulated lenders are required to carry out some form of credit check to protect you from taking on credit you can’t realistically afford.
Taking on a loan with bad credit isn’t always the answer. Here are some alternatives to consider:
| Alternative | How it could help | Things to consider |
| Credit-building credit cards | These cards are designed for people with bad or limited credit histories | Missing payments or carrying large balances could further affect your credit history |
| Arranged bank overdraft | Can provide short-term access to extra funds through your current account | Fees and interest may apply, and you might not be eligible |
| Borrowing from family or friends | Could help you borrow money without formal credit checks or interest charges | Borrowing money can put pressure on relationships, especially if the agreement isn’t clear to everyone |
| Debt advice | Free organisations MoneyHelper, Citizens Advice and StepChange can offer independent advice on budgeting and debt management | Advice won’t bring immediate access to money but may help you understand your options |
Building your credit score can take time but will increase your borrowing options and help you access lower interest rates. Common steps include: