Frequently Asked Questions

Questions from previous customers

If you can't find anything below that resembles your question. You can always use the contact us page to reach out to us, and we will answer your question directly.

Before Applying

How old do I need to be?
You need to be at least 18 years in order to apply. There is no upper age limit on applications.
Will I be accepted?
Do I need to be employed?
Do you accept CCJ's

The Decision Making Process

Will there be a credit check?
Yes, lenders need to know that the person applying for the loan is the same person who will be receiving the money. Credit checks provide a secure way for lenders to perform checks on the applicant's identity too.

Don't worry, the brand of this site implies that we welcome applications from people that have bad credit so don't think this is an automatic decline because it isn't. If everyone with the same credit status got declined, we wouldn't be in business.
What will be checked?
Does a computer make the decision?

Getting Paid

How fast can I have the money in my bank?
The money can be with you in as little as 30 minutes. The quickest we have seen is 14 minutes from the time they were approved.

Most of the time the most significant delay is in the time it takes for the borrower to reply to the security text message that will be sent to confirm that you are the one applying.

Some people won't reply to this message for hours. Unfortunately, lenders won't send the money unless this code is confirmed. There are no exceptions to this.
My bank account is a joint account, is this ok?
Dog Sideways Look

Info

LoansBadCredit.co.uk is a trading name of Quick Loans Ltd, registered in England and Wales company number 09619094. Authorised and regulated by the Financial Conduct Authority 763132.

Offers of credit products will only be given after the application process. Applicants must be over the age of 18, have a UK address and not currently bankrupt.

Warning: Late repayment can cause you serious money problems. For help, go to the MoneyAdviceService.org.uk