Does bad credit history affect chances of being able to get a loan?

Most payday lenders look at your current financial position and consider your ability to repay your loan on your next payday rather than your previous credit history.

Most payday lenders take a responsible approach and lend only to people who they believe can afford to repay, therefore a bad credit rating will not be a barrier to taking out a loan.

Nevertheless, you should only apply for a loan if you know you will be able to repay.

If you are experiencing debt problems, rather than making the problem worse you should seek advice.
Try contacting one of the free debt advice services such as CCCS, who provide free, confidential advice and support hundreds of thousands of people and families each year achieve a resolution to their money worries and a start towards a more secure financial future.