Can you borrow money with no credit check?

There are a handful of lenders who can provide loans without a credit check, but they will usually have a specific criteria such as having a guarantor or needing collateral such as a car or property, otherwise known as secured loans. At The One Stop Money Shop, we will carry out a series of credit checks […]

Can I get a loan without a job?

No, it is usually not possible to obtain a loan without some form of employment with the vast majority of UK lenders. This also includes people who are currently recipients of benefits or receiving a pension. There are a small number of providers who do provide loans for those who are unemployed, but remember that […]

What is a CCJ?

A CCJ, otherwise known as a County Court Judgement, is a court order that can be ordered against you if you fail to make repayments on credit. This type of credit could be a loan, credit card or mortgage. CCJs are granted when failing to pay loans and other bills, including mortgages, phone bills, lawsuits, […]

What is a Credit Limit?

A credit limit refers to the total amount you can spend on your credit card each month and this can go up or down depending on your spending patterns and the provider’s criteria. If you spend over your credit limit, you will usually be charged fees. Credit limit example: if you have a credit limit of […]

Things to Remember When Applying For a Loan

If it is the very first time you have decided to apply for a loan or have very little experience in the world of loan products, then you may potentially feel a little overwhelmed. It can be hard to know which loan product to choose, and what may be a better type of loan product […]

Why Did I Not Get The Rate Advertised For My Loan?

A common question that is asked about loans is why did I not receive the rate advertised? This can leave borrowers feeling particularly confused, especially if they have seemingly met the eligibility criteria. We take a look at some of the main factors that can determine the loan rate you end up receiving when applying […]

How Do Unsecured Loans Work?

Interested in applying to borrow money, and potentially get an unsecured loan? It is worth making sure that you are aware of everything you need to know about one, before making an application. In this guide, we explain the main things that you need to know regarding unsecured lending. What is an unsecured loan? An […]

How To Get a Loan Fast

For any pressing expenses or emergencies, you may be looking for a quick loan to tidy you over. This involves getting access to money into your bank account as quickly as possible so you can pay for your bill and you can restore some order. In this scenario, many people decide to look at getting […]

What Does Subject to Status Mean?

Subject to status will mean that you will have to adhere to certain requirements for your loan to be approved on the basis of: income credit score affordability age The exact subject to status criteria depends on the lender you apply with. However, it can often mean you will need to have a minimum credit […]

How To Get The Best Rate For Short Term Loans

Are you looking to apply for a loan on a short-term basis and trying to get the very best deal available? You could be looking at the various funding options out there on the short-term finance market, however, with so many options to choose from, this can be no easy feat. For example, how do […]