Approaching The Money Shop is a fantastic idea if you are struggling to access funding from other lenders. Our broker partner’s panel of lenders take a flexible approach to applications from our customers. Even if you have a bad credit rating, lenders will still consider your application fully as they also run an affordability check to ascertain if you can afford to take out a loan. They do this to ensure you can pay back any loan they provide. We do not want our customers tied into a never-ending repayment schedule that makes it hard to pay off the full amount.
Our criteria are:
You must be aged over 18
You must be a UK resident
You must be employed, either by a business or you work for yourself
You must be a UK bank account holder
You must receive a regular income.
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