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Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 1 - 6 months.

Loans for 1 - 6 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Borrowing: £1000

Representitive APR: 305.9%

Repayment By: 5.1.2016

Interest: £58.68


Total Repayment: £1058.68

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Minimum Loan Length is 1 month. Maximum Loan Length is 6 months. Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £559.68 in 3 monthly instalments of £186.56. Interest charged is £159.68, interest rate 161.9% (variable). We are a free licensed credit broker, not a lender.

Bad Credit Payday Loans


If you have a bad credit score – or your credit record isn’t as impressive as it could be – then you may think that you will be refused the opportunity to borrow everywhere you go.

However, thanks to options such as bad credit payday loans this is no longer the case.

What are bad credit payday loans?

Although ‘bad credit’ payday loans don’t exist as a specific product, there are plenty of payday lenders who are happy to offer finance to those who don’t have a great credit record and this is where the term comes from.

If you have struggled to get finance from a mainstream lender because of bad credit then this could be a better option for you.

Lenders are able to offer bad credit payday loans for small amounts over a short period of time because this presents a manageable risk to them.

How do bad credit payday loans work?

If you don’t have a perfect credit score then start by finding a lender who is willing to consider applications from those with bad credit – this is quite easy to do online, especially if you decide to use a broker.

You can apply for bad credit payday loans online and you’ll find out almost straight away if your application has been successful – after that, the money is paid directly into your bank account.

Who can apply for bad credit payday loans?

This type of loan is available to anyone who is 18 years old, or older. If you’re a UK citizen or have the right to reside in the UK, then you will be eligible. You will also need to have a bank account set up – so that the loan can be paid into this account and the repayment scheduled to come out of it at the agreed time.

Will my loan cost more if I have bad credit?

While all lenders are different, there are not usually any extra fees or charges to pay simply because you don’t have a fantastic credit score.

Interest rates vary and you won’t get the same deal as someone who has a better credit score but there are still some very affordable deals out there.

Use a broker to help you identify your options for bad credit payday loans or research payday lenders individually instead.

When are bad credit payday loans a good idea?

If you’re looking to borrow £100 - £2,000 over a short period of time and you don’t have a perfect credit score then bad credit payday loans are ideal.

Perhaps you need money to tide you over until you next get paid if you’ve miscalculated your finances for this month. Or maybe you have found yourself with an unforeseen expense or an unexpected bill that is too big to pay without some help.

Whatever the reason, bad credit payday loans can help you out of a short-term financial hole.

Very Merry Example

Loan Amount: £500
Loan Term: 3 months
Interest: £202.40
Total Repayable: £702.40 Apply

Representative APR: 305.9%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.