Consumer Bad Credit Guide
Welcome to the consumers guide to bad credit!
Consumer Bad Credit Repair Guide
Credit Cards For People With Bad Credit In The UK
Obtaining a credit card with bad or no credit in the United Kingdom (UK)
Your credit rating plays a important role when trying to obtain a unsecured credit card. Credit scores range from the lowest at 0 to the best of 900 with Equifax and 0 to 1000 with Experian.
Credit scores and ratings with Equifax are: 0 - 299 Very Poor, 300-349 Poor, 350-399 Fair, 400-474 Good, 575-900 Excellent
Your National Credit Score is based upon your Experian credit history. This is the information contained in your Experian credit report.
Improving your credit report in the UK
There are a number of things that you can do to improve your chances of getting credit.
Make sure you are on the electoral roll.
Make your payments on time. If you cannot do this, contact the lender as soon as possible to discuss what options are available to you.
If you have paid a court judgment, make sure it is shown as being settled on your credit report. If it is not, contact the court and get a certificate of satisfaction. This will cost £10.
If a bankruptcy order has ended or been withdrawn and this is not shown on your credit report , send a copy of your certificate of discharge or annulment to all credit reference agencies and ask for
your report to be updated.
If you have paid off a credit account but your report doesn't show this, contact the organization concerned and ask them to make the necessary changes. Or contact us and we will contact the relevant
organization for you.
Avoid credit repair organizations. The Office of Fair Trading warns that the information given by so-called credit repair organizations may be wrong, misleading or guaranteed to get you into worse
financial trouble.
Always check your credit report. It always makes sense to get a copy of your credit report before you apply for credit or if you are refused credit as a result of information held by a credit
reference agency.
Secured, unsecured and prepaid credit cards for people with bad credit in the UK
Even though your credit may be bad, there are still banks and financial institutions that will approve you for a credit card. Depending on your credit rating, the credit card
company will determine your total line of credit and the interest rate you will pay. Please note that prepaid cards do not build credit.
Below we have listed unsecured, secured and prepaid credit cards for bad credit.
- No annual fee
- An attractive MasterCard accepted in 23 million places and 600,000 cash points a round the world
- A typical 33.9% APR variable
- A sensible credit limit
- Up to 51 days' interest-free credit on purchases if you pay your balance off in full each month
- A friendly 24-hour customer helpline.
- No Annual Fee
- Up to £2,500 in spending power
- Credit limit increase - simply use your card*, stay within your credit limit and make your payments on time and they will increase your initial credit limit on your 4th statement
- A FREE choice of card design
- Spread your payments
- Typical 34.9% APR variable
- Typical 39.9% APR variable
- Initial credit limits range from £250 to £1,000.
- Interest free period
- Up to 56 days interest free on purchase transactions only, where you have paid off two or more consecutive current statement balances in full and on time
- There is no annual fee
- Shop online, by phone or in store
- Accepted worldwide wherever you see the MasterCard brand mark
- 100% acceptance guaranteed. No credit check or bank account required
- Reload for free at 14,000 locations, including any Post Office branch