18 month loans for bad credit whatever your needs. Discover what Moolr can do for you today, and locate the perfect unsecured 18 month loans for bad credit today.
Unlike a secured loan, which uses a valuable asset such as a car or property as collateral against the loan, an unsecured loan such as 18 month loans for bad credit, is not secured against any asset. Unsecured loans are supported by trust, essentially. They are secured due to your creditworthiness and ability to repay the loan, rather than by having assets to offer. They are thus much more attractive for a borrower.
That is not to say they come without risks. If you should miss payments then it could affect your credit rating and will most likely cost you money in fees. These costs depend on the lender, but you aren’t at risk of losing a house or vehicle.
Products such as 18 month loans for bad credit offer a valuable lifeline in an unexpected situation you didn’t predict. Whether you need to pay for urgent vehicle repairs, a home improvement or perhaps to consolidate existing debts. 18 month loans for bad credit loan could help you get you back on your feet. And what’s more, at Moolr we specialise, as the title suggests, in finding loans for those that have struggled to obtain finance in the past.
None of us can predict what is around the corner sometimes. We all seek help when necessary. There is nothing wrong with that. We all borrow too, be it a mortgage, car hire or 18 month loans for bad credit, or other products such as 15 month loans or 6 month loans.
There’s no embarrassment in seeking help, to tide you over. And unexpected costs can come from anywhere. A wedding bill that is getting bigger and bigger. A broken exhaust on your car, a leaking gutter or a vets bill. What’s more, many have tried other avenues without success, or may not want to build up debts on a credit card or similar product.
Even if you have a poor or mixed credit rating, Moolr could still offer you the financial solution that you require. We do not pre-judge people, nor automatically exclude potential borrowers without trying to help. 18 month loans for bad credit are specifically designed to help those that may have been declined elsewhere. Moolr simply require you to be confident in making timeous repayments and not taking on more than you can cope with. By making regular repayments you can improve your credit rating and get finance at even better terms in the future. This could be the first step towards a brighter future.
A fair question, and the truth is there is no one perfect loan for anyone. For some 36 month loans are the best option, for others 60 month loans. Rates vary according to many factors, so get the best deal for you, on terms you are comfortable with. The shorter the loan, the higher the interest rate will be. however, you will finish repayments quicker. do what suits your lifestyle. Rates may also vary because of your credit rating, but there are other factors too. The length of loan you plump for should be partly dependent on how quickly you wish to repay it. You must choose a monthly repayment figure that you can comfortably budget for.
Before applying for a 18 month loan for bad credit, check out our free, simple calculator as a guide to what could be available. Doing so will not affect your credit score, and you are under no obligation whatsoever to proceed. Should you apply for a loan, you’ll need to provide: Full name Contact details Address history Income and outgoings You’ll also need to be aged between 18 and 70 years old, hold a current bank account and have a net income of at least £700 per month.
It couldn’t be simpler. Have your money sent quickly, then make 18 regular repayments to pay off what you owe. You will be told upfront what the repayments will be before you proceed with your 18 month loan. You will know the full repayment total. There are no hidden charges or fees, so you always know where you stand.
18 month loans for bad credit are an ideal way to spread borrowing costs. They also carry a slightly lower risk to those lending than say, a 36 month loan, as there are only a half of the repayments required. Hence, ther eis a reduced chance of you missing a payment. Our longest repayment term is for 60 month loans.
Moolr specialise in 18 month loans for bad credit, for those with a mixed history. So if you apply via us, we will find the perfect right for you. A deal it must be stressed you are under NO obligation to proceed with. Take control of your finances today. Sort out financial problems and plan for a simpler future.
To reiterate, proceed with a loan only when you have no doubts about the repayment terms or the period. Sit down, plan ahead, and be in control of your own destiny. Contact us, and read our articles, to give yourself a fuller idea of what is involved. Take control, and demand a brighter future.