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Bad Credit Loans

Prepare for your financial comeback, as loans for bad credit are a few clicks away

  • Apply, repay and reset finances
  • Average APR from 10% to 20%
  • Say ‘no’ to risky borrowing
  • Get personalised loan matches
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How much do you need?

A bad credit loan is your second chance at financial recovery. It has opened the door to feasible loan offers, thereby paving the way for better rates tomorrow. This financing option weighs your income and repayment capability over your past financial record. You can get them with or without assets, with or without a guarantor, and as a self-employed person. Get bespoke offers to compare and steal a perfect loan deal

What are bad credit
loans in Ireland?

These are personal loans for bad credit made available for borrowers with a track record of poor credit scores. Here, these loans are assessed based on your affordability and financial condition rather than your past financial mistakes. Repayment assurance plays a key role in determining whether or not your loan request will be accepted.

For this reason, getting bad-credit loans with guaranteed approval is not realistic. A responsible lender must perform a few mandatory checks to ensure repayments are manageable. Finloanhub is here to help you find loan providers that follow these lending principles and specialise in offering loans to those with poor credit

Our job is to filter loan offers based on your financial situation and limitations. You can use our comparison services to find practical loan solutions. We are connected to a hub of established lenders who will closely review the eligibility criteria outlined below.

Eligibility criteria

  • The age of the loan applicant should be 18 years or over
  • They should be a permanent citizen of the Republic of Ireland
  • They should have a verifiable income source
  • They should own an active bank account for the receipt of loans

Accepted form of income with bad credit

  • Earnings from direct employment, i.e., a job
  • Disability or unemployment benefits
  • Pension after retirement
  • Self-employed earnings
  • Revenue from business
  • Part-time income
See if you can qualify in minutes

Get a loan quote to get started

When do you truly need a bad credit
loan? Assess it now!

Using these loans for productive purposes is essential. This will help you resolve the problem and improve your financial situation. The ideal ways to use this poor credit financing option are:

Consolidate debts:

Merge costly debts into one loan that comes with a manageable repayment opportunity.

Essential payouts:

Meet urgent bills or rent without delay by receiving the required amount in a hassle-free way.

Repair work:

Sudden car repair or small refurbishment of the home can be addressed with these loans.

Emergency cost:

Sudden medical bills or educational expenses can be managed when funds are short.

Pay attention to the uses you must avoid when you are handling these loans.

Expensive and non-essential purchases like that of gadgets

Long-term borrowing when you know you will struggle to repay

Secured or Unsecured loans for bad credit: Which option to get?

Usually, unsecured personal loans for bad credit are a common way to get financing in this challenging situation. You can access a smaller loan amount that matches your repayment capacity. Now, if you want to borrow a larger amount, the private loan agencies will need assets to provide you with secured loans.

There are pros and cons to getting loans for bad credit with or without assets.

Secured loansUnsecured loans
Money can be borrowed up to €30,000Money can be borrowed up to €10,000
Less risky option for lenders as they have a backup of the assetRisky for lenders with no collateral, but they focus on affordability
Lower rates of interest can be obtainedCompare loans through us for competitive rates
Easier to get approved despite poor creditAffordability should be strong to qualify
Perfect for covering bigger financial needsSuitable for meeting unexpected and small needs

Are there other types of loans still available with bad credit?

Yes, you can explore loans meant for quick plans and even those that require a guarantor. Finloanhub is working with a diverse range of loan companies. Therefore, you can choose among a wide variety of loan options even with low credit scores.

Short-term urgent loans

Do you need urgent loans for bad credit? When you apply for a smaller amount, the lender will have fewer things to verify. For this reason, your loan application can be processed faster. It has also been ensured that you get immediate access to loans in your bank account as quick loans.

Guarantor loans

With poor credit, repaying loans on time can be a huge challenge. No lender will be willing to issue funds without confirmation of timely loan payments. In this situation, you can involve someone who can qualify as a guarantor to improve your chances of getting accepted for loans.

No (hard) credit check loans

Getting loans without facing verification checks is impossible. However, with direct lenders, you can escape hard credit checks upfront. Affordability checks are mandatory to get loans for bad credit with no hard credit check. Compare loan rates with us to make borrowing more pocket-friendly.

How can bad credit loans benefit borrowers?

These are the main reasons for getting loans in Ireland with bad credit. Evaluate the ways you can reap benefits by opting for this financing option.

No rejection because of poor credit

Unfavourable credit scores are a setback, but not at the time of loan approval. Some lenders will look beyond your credit history. We will help you meet these loan providers. Face no disappointment by getting rejected for a loan application sent with a terrible credit score.

Customisable repayment terms
You can choose the repayment pattern and term according to your financial capacity. We will take you through different types of loan proposals by other lenders. This will give you the power to pick a convenient repayment plan. Such a facility can be very useful when you have bad credit.
Credit building or repair
Unpaid dues are one of the primary reasons for low credit scores. Using this funding solution, you can resolve the outstanding issues. These timely payments will reflect as positive scores in your credit report. Therefore, loans can help you build credit scores from scratch or repair them.
Loan disbursal in no time
The loan provider will not delay loan disbursements because your credit scores are not perfect. In fact, this has nothing to do with loan approval or the transfer of funds once you qualify with the lender. Therefore, you can expect a speedy transfer of funds after lender approval.

Are there other types of loans still available with bad credit?

Yes, you can explore loans meant for quick plans and even those that require a guarantor. Finloanhub is working with a diverse range of loan companies. Therefore, you can choose among a wide variety of loan options even with low credit scores.

Short-term urgent loans

Do you need urgent loans for bad credit? When you apply for a smaller amount, the lender will have fewer things to verify. For this reason, your loan application can be processed faster. It has also been ensured that you get immediate access to loans in your bank account as quick loans.

Guarantor loans

With poor credit, repaying loans on time can be a huge challenge. No lender will be willing to issue funds without confirmation of timely loan payments. In this situation, you can involve someone who can qualify as a guarantor to improve your chances of getting accepted for loans.

No (hard) credit check loans

Getting loans without facing verification checks is impossible. However, with direct lenders, you can escape hard credit checks upfront. Affordability checks are mandatory to get loans for bad credit with no hard credit check. Compare loan rates with us to make borrowing more pocket-friendly.

What steps are involved in
getting a bad credit loan?

You might be looking forward to getting loans for bad credit with an instant approval promise. However, the traditional lending method cannot guarantee this because of lengthy procedures. With us, you can minimise the hustle and get into the straightforward process by following these steps.

Apply online

Complete a quick form to apply with multiple lenders at once, with no obligations.

Get matched

Based on your application, we will search for the ideal lender or lenders willing to move forward with bad credit.

Funds receipt

Once you agree to the terms and conditions of the chosen loan company, funds will be transferred as soon as possible for immediate access.

What to expect with bad credit loans’ interest rates?

As your trustworthy loan broker, we want you to know that getting higher rates with bad credit is justified. However, here, our task is to match you with a private loan provider who can offer loans at comparatively lower rates. Since your income is another factor that can influence the cost, you can work to improve it to qualify for better loan rates.

A few things that you must take note of while evaluating the rates of interest to make sure that you get legit loans for bad credit in Ireland are:

  • APRs will be different for good and bad credit
  • Check the total cost besides calculating the nominal rate
  • Longer terms can ultimately add up to the cost
  • Collateral or a guarantor can help in lowering rates
Here is an illustrative table showing how interest rates work for a loan of €5,000.
Term APR Monthly payments (approx.) Total repayment Total interest
3 years 12% €166 €5976 €976
5 years 15% €118 €7080 €2080
7 years 18% €90 €7560 €2560
** This example has been given for your easy understanding. The real figures might be different.

Why Finloanhub? Better loan deals
start right here!

None is inferior or superior in our judgment. We believe in working to create equal opportunities for every borrower. Therefore, a poor credit borrower deserves our guidance and transparency.

Easy comparison

Look no further, as we will shop around for the best loan offer for you. Get our support from application to approval.

Wide exposure:

Connecting with multiple lenders within a short time is possible with us, as we work with a wide lending network.

No fuss on loan cost:

Get 100% honest assistance, and we are here to help troubled borrowers like you navigate a bad credit situation.

Free service:

We do not charge any fee from you. The lender will pay us a commission fee once the loans are approved.

“One year of financial struggle has led to a bad credit situation and multiple loan rejections. Finally got some respite after getting in touch with Finloanhub, my ultimate financial buddy.” – Alan

It is not about rebuilding credit scores, but also about rebuilding confidence. This journey has been made easier with the help of this reliable loan broker.” – Emma

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Frequently Asked Questions

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Be a responsible borrower when managing these loans, as repayment should be completed on time. Otherwise, you will face additional charges and penalties if loan payments are delayed. The worst effect of late repayment is that your credit scores will be impacted, and you will get stuck in a debt cycle.

Yes, you can, as some of the lenders we work with allow pre-payment. However, you must check with the lender individually to see if they will charge an extra fee to let you make additional payments whenever possible. Avoid trying such things without discussing them.

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