Non Status Loans

Also Read - Secured Loans : Personal Loans : Tenant Loans

Otherwise known as a Bad Credit Loan or Poor Credit Loan.

Non Status usually means that you have no credit rating. It could be that you have not borrowed any finance or had credit on anything before. A good credit rating is obtained by borrowing credit and making full repayments on time, if you do not fall into arrears with any loan or finance repayments then you will have a good credit score.
You will have a poor credit rating if you have credit card arrears, loan defaults, mortgage or rent arrears or if you have been declared bankrupt. If you are self employed but you cannot produce 3 years of accounts to a lender, then you can still find yourself with a poor credit rating.

A lender will go through your credit history otherwise known as a credit check, before they decide whether to grant you any finance. The lender is looking to see how much of a risk they would be taking by lending you money. It could be that you have CCJ’s (county court judgements) for debts previously unpaid.

However even if you are non status you should still be able to find a lender who is willing to give you a loan. The fact that you have a poor credit rating means that you will probably have to pay a higher interest rate on any loan. The lender believes that they are taking a bigger risk with someone with a bad credit score rather than a good one, because their history shows that they have been unable to make repayments in the past.

NON STATUS PERSONAL LOAN ENQUIRY FORM - HOMEOWNERS AND TENANTS WELCOME

Any Purpose Loans

Buying a New Car

Now is the chance to get that new 07 or used car with a loan.

Home Improvements

Extend your home, get a new kitchen or new interior furnishings.

Dream Holidays

Take that holiday of a lifetime like a cruise or family holiday in florida

Debt Consolidation

Combine all your debts into one affordable monthly payment .

Cosmetic Surgery

Feel you want to look better from botox to breast implants.

Wedding Expenses

Make you wedding day a very special day to remember.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP MORTGAGE OR DEBT REPAYMENTS SECURED ON IT
THINK CAREFULLY BEFORE SECURING ANY OTHER DEBT ON YOUR HOME. NON PAYMENT OF ANY LOAN CAN AFFECT YOUR CREDIT RATING

Every effort has been made to ensure that the facts here are correct. No liability is accepted for any errors contained herein or for any loss resulting from actions taken.