Reset Loans offers financial products to people with low or no credit history
Hand picked loans for people who need them the most
Reset loans has a selection of hand picked loan products to suit people with a bad credit history or even no credit history.
If you are new to the UK, had financial difficulties in the past for whatever reason or never needed credit before, you may be refused credit when you need it the most. Some of our products can help rebuild your credit rating and most do not carry out a credit check so you are more likely to be accepted with us than other providers. Check out the types of products listed below for the most suitable product then visit our site to compare our loan providers, or view our loan comparison page now.
Bad credit loans from Reset Loans
Payday Loans
Payday loans are small loans up to £350 on your first loan and up to £750 for existing customers. They are used in a short term financial emergency, where you just need some extra cash to help you survive until payday. As they are needed in an emergency, you will get an immediate decision and in some cases the loans can be paid on the same day you apply, if you apply before 3pm. Payday loans are repaid on your payday, or next payday( if less than 7 days from now).
- No credit checks
- Same day money
- Paying unexpected bills, or when they all come at once
- Help with a special occasion such as a wedding or romantic weekend away
- Maintaining your car or paying for MOT repairs
- Birthdays or Christmas expenses
- Dental work costs
Logbook Loans
Logbook loans are larger than payday loans. You can borrow anything between £20 and £50,000 in some cases, up to the value of your car. They are only available to people with a vehicle, which can be a car, motorbike, caravan, or van. Your vehicle needs to be free or nearly free of finance to apply and you must be over 18. We will call you back with details of branches in your area and let you know how much you can borrow against the value of your car.
- Your employment status or credit history is not important
- Borrow from £20 up to £50,000
- Drive away with your cash on the same day with some providers
- Flexible loan periods of 1 day up to 12 months and longer
- Hundreds of branches and agents nationwide
Drive away with a logbook loan up to £50,000
Unsecured Loans
If you need more money than a payday loan can offer and can wait a week or so for the loan to be approved, than unsecured loans may be the right product for you. You do not need to use your house or car as security and can borrow up to £8,500.
- Borrow from £750 up to £8,500
- Bad credit, mortgage arrears or CCJ's may apply
- Usually a lower APR than payday loans or logbook loans
- Repay over a longer period, such as 2 to 4 years
Bad credit unsecured loans with manageable repayments
Car Credit Loans
If you need a loan to help you buy a new car, then car credit loans are a good choice as all our providers have a stock of cars for you to choose from across the country. You must be over 21 and employed over 16 hours a week to apply.
- Anyone can apply, bad credit history or CCJ's OK
- Lower APR than payday loans, logbook loans and unsecured loans
- No security needed
- Get your loan and your car sorted together
- Drive away with your new car on the day you apply
- Cash for your old car - £1000 minimum with our recommended providers!
Car credit loans across the country
Credit Cards
If you've previously had credit problems, you'll find getting a credit card can be very difficult especially with a bad credit history. Our credit card providers have been selected to provide a solution in this situation and can even help rebuild your credit rating with some providers
Credit cards for people with a poor credit history