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

Forget Your Fiscal Worries with Bad Credit Loans for People on Benefits

People who unemployed due to any illness or disability and having a bad credit status are known as people on benefits. On top of that, due to economical trouble and low credit score it is very hard to find a lender willing to lend a loan. However, nowadays with the help of bad credit loans for people on benefits, people having bad credit score can also avail loan to fulfil their daily urgent expenses.

These loans come in two forms and they are secured and unsecured forms of loans. To avail secured forms of bad credit loans for people on benefit, a borrower must deposit some property or asset as a security with the lender against the loan. However, to avail unsecured forms of loans, no collateral is required against the loan.

The loan amount depends on the value of the collateral, repayment ability of the borrower and credit status. With this kind of loan, a borrower can avail loan amount from £1,000 to £75,000. The interest rate of bad credit loans for people on benefits starts from 5% APR. Borrowers can get flexible repayment period, the repayment duration is as long as 25 years. Nevertheless, the borrowers should repay the loans within the time to safeguard him from future hassles.

The borrower can use the money for any purpose such as paying any kind of bills, can invest the money in stock market and in any small business from where they can earn some profit and repay the loan.

There are many online and offline lending companies who offer loans with better terms and condition and low rate of interest. The annual interest rates are lower if any borrowers apply online rather than offline.


An individual who has less then 600 points in the FICO credit score is deemed to be a person with bad credit history. Bad credit loans for people on benefits are especially designed for these kinds of people who are unemployed due to any illness or disability and have a bad credit history.

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