Getting a loan with less than perfect credit can be a challenge, especially these days.

Depending on how impaired your credit is, you’re looking at higher interest rates, stricter lending requirements or both, which can make borrowing money nearly impossible.

How can I borrow money with my bad credit rating?

First, it helps to fix any potential obstacles before you apply for anything, so take care of the following:

  1. Look at your credit history – it pays to be familiar with your credit history, so first grab a copy of it via Experian or Veda, both of whom will provide a free copy.
  2. Take care of any credit defaults that you may have.
  3. Get rid of any existing debts that you can – credit cards, personal loans, car loans or any other outstanding debts.
  4. Pay a visit to a credit repair service – sometimes, they can find bad credit listings on your credit score that they can remove.

How can LFG Loans help me?

LFG Loans isn’t like other lenders – we specialise in bad credit loans, finding solutions where other brokers don’t. We work hard to understand the reasons behind the numbers, as we know that the numbers alone rarely tell the whole story, and so do our preferred lenders. To find out if you can qualify for a loan, fill out the form to the right or request a call-back at a time that suits you.