Christmas loans are a type of personal loans you can take out to fund expenses of the festival. You know that every year Christmas comes and you will need money to celebrate, but you fail to have enough money set aside. With parties, food, decoration and presents, the special event can cost you a small fortune.
This festive holiday brings joy and excitement, but it is normal to be concerned about money. It is not possible to put aside money throughout the year because of other commitments, but do away with your worries now. Whether you need money for party, decoration or presents, you can take out Christmas loans with A One Finance.
Of course, yes. The chances of getting a loan with bad credit report are very low. Since it shows a high default risk, most of the direct lenders are likely to turn you down. Given that you have missed a mortgage payment or a credit card bill, the odds of getting a loan approved are slim, but we understand that a few missed repayments do not always prove that you are unreliable.
As a direct lender, our aim is to help you financially so that you do not be gloomy throughout the holiday. This is why we do not deny lending even in case of bad credit history. Whatever the reason you need money, follow these steps and get funds.
A hard credit check is the main concern among borrowers with bad credit score. It is likely to appear on your credit file for at least two years reducing the chances of getting a loan at a lower interest rate. Unlike other direct lenders, we run a soft credit check. It does not show up on your credit report, which means no lender can see them.
We also provide Christmas loan with no credit check. It means we will run neither hard nor soft inquiries. You will get money on basis of your income statement. To be eligible, you need to meet both of the following conditions:
Christmas loans can be accepted anytime throughout the year, but you need to be careful with your approach. Borrowing more than your affordability can throw you in deep water. Consider following factors before taking out these loans:
A One Finance will examine your income statement to decide the disbursal limit. We recommend you to submit all your income sources. If you are unemployed, you can get money on basis of your side gigs and benefits. Our interest rates are competitive on the market.
Every loan whether it is short term or long term comes with a certain limit. As far as it is about Christmas loans, we have divided them into two categories. Look at the table below and find out which one fulfils your needs.
| Christmas loans without Guarantor | Christmas Loans with Guarantor | |
|---|---|---|
| Loan size | Up to £7,000 | Up to £15,000 |
| Repayment term | Up to 3 years | Up to 7 years |
| Collateral | No security requirement | You can (in absence of a guarantor) |
| Interest rates | Competitive | Attractive |
No matter which type of loan you apply for, you must be the resident of the UK and have a good income source to be eligible for these loans. Our Christmas loans come with instalments.
Our approval rate is 98%, which means 2% of applications get rejected because of your reckless payment behaviour. We try all our best to supply cash whenever you need, but your repayment capacity plays a paramount role to serve as a basis for our decision-making. Unlike other direct lenders, we do not aim at making profits. Our loan deals have been specifically designed as per borrowers’ interests. Of course, it will be dangerous for you if we approve your loan despite knowing that you cannot repay the loan on time. This is why we cut down on the amount of the loan at the time of disbursal. This ensures that you get funds as per your affordability.
What are you waiting for? Apply for Christmas loans and enjoy.
Yes, you can apply for loans with having really bad credit score provided that you knock the doors of the right lender. It is quite possible that you might face financial constraints during the holiday season because of the numerous expenses that you have to deal with.
To get immediate funding during Christmas, follow the given guidelines:
When you do such analysis, you will find out AOneFinance as the reliable lender to apply for Xmas loans for bad credit people by clicking here. The application process is simple, and it will barely take 5 minutes to fill in the details. After approval, the amount will be disbursed within the same day.
During the time of the holiday season, you will be spending a good amount of money through various expenses. Now, not having enough funds can become a big obstacle in your celebration. Hence, it is better that you apply for Christmas loans to get immediate assistance to meet your financial needs.
You will need money for various uses like:
With the instant approval of the loan, you will be able to manage to deal with all these expenses easily.
Apply Online and get cash as soon as into your pocket.
Amount of Borrowing
£1,500 over 6 MonthsA Variable Representative of
96.5% APRMonthly Repayment Amount
£324.88 for 6 MonthsBorrowers must be UK residents and aged 18 or over. Credit limits and interest rates vary based on your individual circumstances.
Keep in mind: Late repayment can cause you serious money problems.
For help, go to moneyadviceservice.org.uk