Representative APR Example
£350 borrowed for 30 days. Total amount payable by one repayment: £434.
Total interest payable by one repayment: £84. Representative APR 1223.6% (Variable)
0 Day(s)
Interest : £0
Repayment : £0

Apt Loaning Options in Torrid Times

It is perspiring for people on benefit to find the lenders favor regarding acquiring a loan. People on benefit who have the poor credit status are now being considered for their monetary needs. They can now apply for bad credit loans for people on benefits.

Bad credit loans for people on benefits are designed for the people who fall within the status of bad credit. People on benefit are those people who are disable and do not have any employment status due to any illness or disabilities. The government of UK grants money for the regular up keeping of these people. The people on benefits are eligible for loan in UK. The credit score of FICO is 300 to 850 points. The bad creditor is the person having points below 600 points. Bad credit loans for people on benefit are divided into 2 divisions. They are secured and unsecured loans. To secure the secured bad credit loans some property or assets must be kept as collateral against the funds borrowed. For the unsecured loans no security is required.

You must repay the loans to avoid future hassles. Flexible repayment options are implemented for them. The duration for repaying is as long as one to twenty five years. The loan amount varies from £1,000- £75,000 which is availed through these kind of loans.

You can get a list of online lenders who offer better and low rates. The Annual Percentage Rate of the online lenders is generally lower than the offline lending organizations. The rate of interest for these loans starts from 5% APR.
The loan amount sanctioned can be used for any purposes. The borrower can use the money as an investment in the stock market or in any small business where from he can earn some profits and repay his debt in future.


Bad credit loans for people on benefits are implemented for the disabled and ill people who cannot work for earning their sustenance. Hence, these people have the status of bad credit. They can go for both secured and unsecured loans. However, to get secured loans property or asset must be kept as security. The loan amount is £1,000- £75,000. The rate of interest usually starts from 5% APR.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in UK. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.


Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

Warning: Failure to meet your repayments can have serious financial consequences. For help, go to