Moolr.co.uk | Short term loans

Three Year Loans For Bad Credit

You shouldn’t have to scour through website after website to find the perfect deal. Doing so takes up precious time. At Moolr we do the hard graft for you. Comparing loans to see which product is the best for you has never been simpler or quicker. We only deal with the most reputable lenders and we are fully committed to helping you find your best deal. We look to find finance for all, but only if the terms suit your budget and your circumstances. Three year loans for bad credit help those that have struggled to get finance in the past.

An Easy Application Process

The application process could not be simpler or quicker. We have taken the stress out of applying for a loan. You decide how much you want to borrow and how long you want to make repayments over. Fill in the online form. We’ll search for a lender for you, and if approved, a loan agreement will be sent to you online. In some cases, your lender may need some verification of details such as employer or salary. These can usually be sent electronically. If you agree to the lender’s offer, the money will be transferred to your account. This is often on the same day. Once you get paid, you repay the loan and interest.

Multiple Loans

People often ask us if they can have multiple loans.
We would not recommend you doing so. Lenders will require that you pay off your existing loan before considering you for a new loan. Paying of a loan timeously certainly puts you in a perfect position to get further finance if required, however. You should only borrow what you can afford to pay back on your next pay date. This is for your protection, to avoid further interest and charges. And to avoid damaging your credit score. Three year loans for bad credit will leave you free of repayments in 36 months. The repayment period is quite long to reduce monthly payments, easing the pressure on your budget.

Interest Rates May Vary

Moolr work with a wide range of excellent lenders. This is done so that customers with a range of credit histories and situations can source a loan. Thus our APRs (annual percentage rates) may have a varied range. Our leading lenders offers very low APRs for those with an excellent credit rating. Other lenders offer loans over shorter periods to our customers with bad credit ratings. The APRs are generally higher on these products.

Plan Your Finances

Always incorporate any repayments into a monthly plan. Budget accordingly, so that you are not inconvenienced when the money leaves your account.