Frequently Asked Questions
Common Questions
Why is the interest higher than a ‘normal’ bank loan?
Lenders who provide guarantor loans provide a different service to the high street banks and usual lenders, specifically helping those with a poor credit rating. Read More
What happens if I cannot afford the repayments moving forward?
If you have had a change of circumstances, and you find yourself having financial concerns... Read More
Can I take a payment holiday or break?
It is something that you need to speak to your lender about. Read More
Can I make a smaller monthly payment or reduce payments?
If at any point you find yourself struggling with your payments or know that there is a situation coming up that could make paying difficult.. Read More
Can I make a late payment?
If there is a reason that you are going to struggle to make your payment or you are not sure if you are going to be able to make a payment on time. Read More
Are the lenders regulated?
YES. All the lenders used on our site are regulated by the Financial Conduct Authority. (www.fca.org.uk). Read More
Is allcreditloans.net regulated?
YES. We are regulated by the FCA as a Credit Broker, see details.
What is a short-term loan?
A type of unsecured loan designed for individuals who need to borrow a small amount of money for a short...
What are installment loans?
A payday loan alternative paid back in affordble weekly or monthly instalments: 👍 Short-term loan with flexible repayments: makes sure...
What is a payday loan?
A short-term advance paid back on your next payday, however due to bad press and increased regulation by the FCA...
What are debt consolidation loans for bad credit?
One single loan to help reduce your total monthly loan repayments: Designed to consolidate all unsecured debts into one new...
What’s a no guarantor loan?
A loan for people with bad credit that does not need a guarantor 👍 Available from £100 to £5,000* 👍 Repay over 2...
