With Kallyss you can apply for a loan even if you have a bad credit history. Unlike traditional bank loans where you will often get turned away if you have a bad credit history, with Kallyss there is an opportunity to get a payday loan regardless of your past financial circumstances.
Kallyss understands that is is difficult to keep your credit score constantly high and sometimes things happen out of your control and you get a bad credit history. We believe this should not stop you from applying for a payday loan especially if you can prove you have the means to repay it responsibly.
Kallyss can help you get the loan to get you back on your feet regardless of your credit history. Fill in the form and you can have the money within your account within days.
Getting A Loan With Bad Credit
Whether you are looking for a loan for an unexpected bill or car repairs out of your control, many people find themselves needing money quickly in order to cover an expense. Some people struggle to get loans from high street banks especially if they have a low credit score.
This is where payday loans and Kallyss can help. Although the options are more limited if you have bad credit, Kallyss does not discriminate and will be able to offer everyone the best loan that suits them regardless of their credit score or history of repaying debts.
Kallys works with the best and most reputable lenders to find you safe payday loans allowing you to access money where other brokers or lenders may not offer. Remember, it is vital before you begin the process of applying for a payday loan that you know you will have the means to repay it.
Whether at your next paycheck or borrowing money from family and friends, make sure that you have a repayment plan in place so that the loan does not build up and you end up owing the lender much more than you bargained for!
You may be able to get a few different types of loans even with a bad credit score. Some lenders may ask for a secured loan so that there is collateral if you are not able to repay the money, others will make sure that you have a guarantor that will pay the money if your options for repayment fall through.
In some cases you may be charged a higher APR because of your credit score but fill in the form today and Kallyss can help you find the best loan for you.
How To Improve Your Credit Score
Although possible, this guide has outlined how it may be slightly more difficult to get a payday loan if you have a bad credit score. For that reason, here are a few easy and quick ways that you can improve your credit score to make getting the next loan you get a swifter and easier process.
Join The Electoral Register
One of the quickest and most simple ways that you can improve your credit score is by joining the electoral register if you have not done already. Registering to vote creates an account with your name, date of birth and address and lenders can use this to confirm your identity.
It’s free and it immediately improves your credit score so is definitely worth it!
Close Down Any Cards That You Do Not Use
Although cards may come with their benefits, it is not beneficial to your credit score to have lots of store credit cards. When lenders see that you have so many cards they think that you have access to cash that you do not have!
A person may be able to access $10,000 a month on credit but only have a salary of $2,500 a month. This will negatively affect your credit score. If you do not use the card shut it down!
Avoid Applying For Too Many Loans Too Quickly
Applying for lots of credit cards or loans in a short amount of time will severely negatively impact your credit score. Your information is recorded when applying for classic high-street loans and this will bring your credit score down greatly.
Applying with Kallyss does not affect your credit score at all.
Following these tips will start to gradually improve your credit score, allowing you to access even more loans than before and improve your chances of getting accepted for a loan.
Alternatives To Payday Loans
If you do not think that you have the means to repay your payday loan then do not apply for one. It might be worth looking at alternatives to payday loans so that you can have longer to repay whatever loan that you end up taking out.
Borrowing from family and friends could be a great way to avoid the bureaucracy of payday loans and give you longer to find the money to pay back your family member or friend.