Find out how receiving income support and having a bad credit score could affect your chances of getting a loan, with our hints and tips that help to answer your questions around bad credit.
can i check if i have a bad credit ratin ...
can i check if i have a bad credit rating before applying for a loan
Not only are you able to look at your credit score before you apply to borrow money, it’s actually a good idea because your credit rating will affect your chances of getting the loan you’re looking at.
will my credit rating suffer if i miss a ...
will my credit rating suffer if i miss a loan repayment
Your credit rating could be affected by you missing a payment on your loan, as it’ll be reported to credit agencies and recorded on your credit file. Not only could it lower your score, it could cause problems in other ways, too.
how does income support affect my chance ...
how does income support affect my chances of getting a loan
If you receive income support, you may find it hard to both find and pay off a loan. Income support is given to people on a low income to help them get by. Many lenders are hesitant to lend money to people on income support.