Bad credit loans

How do we consider loans for people with bad credit?

Bad credit loans? We’ve got you covered. At Brantwood Finance we understand that building a good credit score is not always easy and it can take a long time for a person to build their credit. Scores can be affected for many different reasons that can be outside of your control. Sometimes it helps to be able to explain your situation to a real human being and at Brantwood Finance we we have other ways of seeing if a loan would be affordable for you.

For any new inquiry we can perform a soft credit search which won’t harm your credit score, it’s just for us to verify the information you provide to us on the Loan Inquiry Form. We also like to check if you have any County Court Judgments (CCJs) against your name or whether you’re entered into any Debt Management Schemes or Individual Voluntary Arrangements (IVAs).

What is our alternative method to checking if a loan is affordable for you?

For all our applications we have to assess affordability so that we can act in your best interest as responisble lenders. To do this, a representative of brantwood finance will contact you and complete a full application with you over the phone. They will ask you questions about both your personal and financial situation, asking details of your income and expenditure. In order to verify the information you give to us, we will ask you to send us supporting documents by email. As well as a copy of your photo ID and proof of address, we ask for 3 months’ of your current bank statements. This way we can see your current financial situation and from here we can assess whether a loan would be affordable and suitable for you.

A little more about us

Brantwood Finance Company offer short term cash loans and doorstep loans between £100 – £500.

We pride ourselves on an honest and personal service and have been for over 30 years. With our doorstep cash loans (home credit loans), we’re able to provide a face to face and more personal service, which many customers may not get with other lenders.

Home collected loans are a more favourable and cost-effective alternative to payday loans for several key reasons. Firstly, our home collected loans are provided by local, community-based agents who will, over time, establish a personal relationship with you, the borrower. This enables us to create a more flexible repayment term for you and gain a better understanding of your financial situation.

Unlike payday loans, which come with much larger interest rates and fees, our home collected loans have lower, more manageable interest rates, resulting in lower overall borrowing costs. We understand that life happens and things can occur that are out of your control. All you have to do is tell us and we will extend your loan term. There are no hidden fees or additional charges whatsoever with our home collected loans. What is agreed at the beginning is all you will ever pay! Overall, home credit loans offer a more affordable and customer-friendly borrowing option for individuals in need of short-term financial assistance.