Adverse credit secured loans - all circumstances considered
Don’t despair if adverse credit has affected your previous loan applications – a secured loan may still be within your grasp. Even with a poor credit rating, you may be able to secure a quick secured loan from Brilliant Loans.
Our independent status and direct connections with lenders nationwide give us access to an extensive range of secured loans. As a result, we can arrange loans with lenders who specialise in helping people who wouldn’t normally be able to obtain finance.
This enables us to offer secured and unsecured loans, even to borrowers who might have experienced adverse financial situations in the past, including:
- CCJs (County Court Judgements)
- Defaults – missed credit card payments
- Mortgage arrears – missed mortgage payments
Poor credit? A secured loan may still be an option
With Brilliant Loans, poor credit needn’t rule out a secured loan, despite the fact that an adverse credit history can have a major impact on the way some lenders perceive you and thus affect your ability to borrow money from them.
Have you struggled to pay off credit cards in the past or missed the odd mortgage payment when your budget was stretched almost to breaking point?
If the answer is “yes”, you may well experience difficulties securing a loan from the majority of secured loan companies.
Secured loan applications through Brilliant Loans approved on a slightly different basis from most high-street lenders. This means, even if you have a poor credit history, we may well be able to help you when other companies decline your application.
For example, we’ll consider the joint income of up to four applicants and we’ll also take into consideration additional means of income, such as:
- DSS
- Private pension
- Incapacity benefit
- Child benefit
- WFTC
That’s why we're able to offer loans that many other companies cannot match.
Even with adverse credit you can apply for a Brilliant Loan
Having an adverse credit record may not necessarily preclude you from a loan. So it’s well worth contacting us for more information if you want to take out a loan such as a secured or homeowner loan.
Our dedicated loan advisers are standing by to answer your queries, keen to show you why our company name sums up what we do to perfection: provide brilliant loans.
Even if you have poor credit, contact us now. Our secured loan options could make the difference to your long and short-term financial planning.
