A bad credit history may make loan providers worry that you will struggle to repay them each month – as they use past habits shown on your credit report to predict future behaviour. However, even if you have a bad credit record, there are ways you can improve this to increase your chances of getting the loan you need.
It is also important to note that while a bad credit rating may limit you, it doesn’t mean all companies will refuse to lend to you.
Morses Club PLC (LON:MCL) is an established, relationship-driven consumer finance provider offering a range of credit products and delivering exceptional services to customers in the non-standard finance market.