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Evolution Money
Customer Enquiries 0161 814 9158
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What are Bad Credit Loans?

A bad credit loan, as its name suggests, is a loan specifically designed for people with a poor credit history.

The term “bad credit” tends to be used when an individual’s credit is less than perfect,

Our approach is to look at customers as individuals and not just figures on a computer screen.

We listen to personal situations when it comes to providing secured loans for people with bad credit.

Warning: Late payment can cause you serious money problems. For help, go to: moneyadviceservice.org.uk. Our loan calculator can be used as a guide and will show you an example of typical monthly repayments and total repayable when a loan amount and loan term is selected.

If you're looking to obtain credit, our secured loans can be used for a range of purposes

A debt consolidation loan could help regain control of your finances
Carry out home improvements; a great way to invest back into your property
A wedding day loan to make a special day memorable
Bigger personal items such as cars can be financed using a secured loan
Take your family on that much needed holiday

Questions you may have...

What are the benefits of a bad credit loan?

Here at Evolution Money, we pride ourselves on our customer focus and putting your best interests first.

We treat each and every case with respect and attention, making sure that we look at your complete financial situation before coming to a decision. Even if you have been refused elsewhere because of a less-than-perfect credit rating, we don’t rely on automated credit checks so you may stand a better chance of receiving a bad credit loan with us.

We view bad credit ratings as a problem to be solved, not an obstacle. It’s an approach that has already helped thousands of people with an adverse credit rating get access to the loans they need, loans that they just couldn’t get anywhere else. And it’s an approach that could help you too.

  • Designed with customers with adverse or poor credit in mind
  • Borrow from as little as £1,000 and go all the way up to £20,000 for people with poor credit
  • Repay your bad credit loan from between 1 and 15 years
  • UK based loan experts and personal account managers will assess your situation, and assist you every step of the way of your application


What is a credit report?

A credit report details an individual’s credit history and is quantified by using a numerical value.

In order to know if you are trustworthy, banks will want to see evidence that you will make all repayments on time, without a credit history this information isn’t available to them. Maybe you have missed the occasional payment on your credit card or store card or incurred a CCJ.


Qualifying for a bad credit loan?

In order to apply for a bad credit loan through Evolution Money, you must fit our criteria:

  • Aged 18-70
  • A homeowner occupier
  • Live in the UK
  • Be able to afford the repayments comfortably from normal income

Our loans for people with bad credit range from as little as £1,000 and go all the way up to £20,000. Furthermore, you can spread your loan repayments over 12 months or even up to 15 years.

Take a look at our handy loan calculator to see what your repayments might be on a bad credit secured loan through Evolution Money.

Or, give us a quick call on 0161 814 9158 to talk through your credit needs and get a quote from an Evolution Money personal account manager today.

Want to know the approximate cost and timescales of your loan? Take a look at our handy loan calculator to see what your repayments might be on a bad credit loan through Evolution Money.

Or, give us a quick call on 0161 814 9158 to talk through your credit needs and get a quote from an Evolution Money personal account manager today.

Apply for my bad credit loan

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 90 out of 100, based on 112 reviews over the past year. 112 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoThe Finance & Leasing Association is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK.

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Our Address

Evolution Money,
9 Portland Street,
Manchester,
M1 3BE


Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

Complaints:
0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

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Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

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Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

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