If you need an adverse credit loan it is clear that you will pay a higher interest rate than someone who has a perfect credit rating. This is because lenders will assess the level of risk you pose in paying the loan back. Loans for bad credit are available in the UK at various interest rates. CUJ Loans works with a large panel of direct lenders to make sure that you get the best adverse credit loan for your circumstances.
As all lenders are now authorised and regulated by The Financial Conduct Authority the maximum amount of interest that they can charge is 0.8% per day, this means that you will know that your loan is fully regulated and you are protected against lenders charging extortionate interest rates, even if you have adverse credit..