Bad credit secured loans for homeowners are available even if you have missed some payments and are in arrears, have CCJ's or suspect you may have a bad credit rating (self employed also welcome).

With creditmarket.co.uk there's no need to search through dozens of bad credit secured loan companies. As licensed credit brokers, we have access to hundreds of different bad credit secured loan plans across the UK including the lenders above.

• Loans for any purpose: home improvement, family holiday, debt consolidation etc.
• Borrow between £7,500 and £150,000
• Repayment terms between 3 and 30 years
• Typical 9.9% APR (variable)
• Self Employed, Mortgage Arrears, CCJ's - Welcome
• You do not have to accept any quote whatsoever.
• You are under no obligation and you can cancel any time up to completion without cost.
• Your online enquiry will be safely secured using the latest 128bit technology.

Creditmarket has successfully helped 1000's of UK consumers find loans online and we are confident we can help you.

Creditmarket Ltd is registered with the data protection act and licensed under the Consumer Credit Act 1974 - license number 583674.

What is Bad Credit?

Bad credit is actually just the name given to what is known as 'Adverse' credit. If you have bad credit, it does not mean you are a bad person!

Most commonly, people will think that they have adverse or bad credit because they are unable to get credit. They may have been refused a credit card or a loan or even a mortgage. The reason behind 'why' they may have been refused is the reason they may come to the conclusion they have bad credit.

So what does bad credit mean?

If you have been refused credit in the past there are a number of reasons which could include:

1) Never had credit before.

2) Missed payments on a credit agreement.

So why does the computer say no?

Automatic credit scoring systems are used when applying for many loans and credit cards. The computer will make a request for information from a credit reference agency. Credit reference agencies store financial information about almost every person in the country. If the credit reference agency does not have enough information about you or the information it has suggests that you might miss some payments again, it may well say no.

The lenders we use all have real people making the decisions about your loan and are more sympathetic to the fact that people can occasionally fall into difficulty but that they should not be black listed and suffer as a consequence. That is why they are more likely to say YES!

If you are accepted for a bad credit loan and make all the repayments on time it can help to improve your credit rating and improve your chances of getting more credit in the future.