short-term loans come in a variety of sizes, such as a £700 loan. Such a choice is designed to give people as much freedom as possible regarding how much they borrow. £700 loans were not that common in the past, meaning that you were often required to borrow more or less than this amount. However, if you now want to borrow £700, you have lots more options to choose from. We do everything we can to help people with bad credit, still get affordable access to loans. This includes only putting you in touch with direct lenders that specialise in providing a £700 loan to people with bad credit.
Borrowing £700 with a low credit score
All FCA regulated lenders in the UK must perform a credit check on every application, there is no such thing as a no credit check loan. As such, if you apply for a loan, your credit history will be looked at. Whilst this cannot be avoided, we can help you increase your chances of being approved. Wanting to give you the best opportunity of getting the money you need, we allow you to perform a Soft Credit Match. What this does is enable you to see your likelihood of being accepted for a £700 loan before you even apply. This has two major benefits. First, it greatly reduces the time it takes for you to find the right loan and lender. Second, and more importantly, it helps to protect your credit score.
If you apply for say a £700 payday loan, and your application is declined, your credit score can be negatively affected. What this does is create a situation in which the more you need to borrow money and apply, the harder it can become to be approved and get the money you need. By helping you to see which lenders are going to say yes, you can easily avoid those lenders likely to say no. This service is designed to give you the very best chance of being approved and is completely free of charge.