Credit crunch hitting you hard?

If the recent credit crunch is making it hard for you to get the loan or financial help you need, then there are options available for you.

Banks are being far more picky about who they lend to following the recession- so if you have any kind of bad credit history, however minor, it might affect your ability to get finance.

Sometimes, having no credit history at all also means you are rejected a loan. For example, many graduates who are new to the banking or financial world would be refused the loan they need as a result of their lack of credit history.

If you want a loan, there are bad credit loans available which enable you to get the money you need without your credit history affecting the decision. For example, you could apply for a bad credit personal loans despite having a CCJ in your credit history. These options mean that people with no credit history can gain the finance they need, which in turn helps them to rebuild their credit history.