HugeLoanLender

How we treat bad credit borrowers during pandemic conditions?

The prevalent financial issues in the lives of the people present multiple challenges, and we try our best to offer ease to them. If you are also among many of those struggling to balance personal finances, we can provide timely funds. With some other features attached to the loan deals, we can support you to achieve financial respite.

• Simpler procedure for payment holiday – If you face any issue in repaying funds, we can offer a payment holiday. We gave it to many of our customers during the pandemic through a simple procedure that completes online. You just need to show, and you have a source of income in the coming months after the payment holiday.
• Reschedule repayment plans - This facility is applicable on all loans, including the very bad credit loans, without any added cost for this facility. We want you to get rid of your poor credit situation smoothly and borrow funds to be stable in life. It is important for us that you contact us, as only in that case we can help you at the right time.
• Payment protection insurance – If you want to ensure that your repayments regularly come in case of an accident or illness, we have PPI. Payment protection insurance covers a certain percentage of your loan. In case of any illness or any unforeseen issue, the PPI keeps paying your installments. It has sent a great relief to many of our customers.
• The extended loan limit for existing customers – If you are an existing poor credit borrower with a good repayment history in past months, we are more than happen to help you. Next time if you borrow funds from HugeLoanLender, we can provide an extended loan limit. We can take you closer to the maximum borrowing limit of a loan product.

How do Private Lender decide to lend you money with bad credit?

Many of our borrowers have this question. They want to know how do we private lenders in uk judge them on the parameter of affordability despite their bad credit situation and provide funds conveniently. We have some parameters to judge the applicant for approval. The parameters are easy to qualify, which is why most of the fund seekers apply to us to get approval. We have a higher approval rate of 99%.

• Current repaying capacity - Your repaying capacity against the borrowed money is our biggest concern. With the help of your current income situation, we check whether you can pay installments at the right time or not. If the present-day earning situations are stable, you can even get bad credit car loans as we have no purpose constraint. Most of the applicants with a poor credit situation easily qualify for loans on these parameters.
• Employment stability - It is significant for us that you have stability in your career. We prefer to consider the loan applicants who are working with the same employer for at least the last 6 months. It is a necessary condition to check your employment stability. People with frequent changes in jobs may not sound promising. If you need to apply for a loan, especially with a poor credit situation, it is necessary to pay attention to this point.
• Government benefit as income - Yes, this point proves one more thing: we provide loans to those living on benefits. Besides, despite their bad credit, we consider them. Unlike the other finance companies, we believe your government benefits as part of the income. You can apply for loans for bad credit with no guarantor on benefits and can experience it. We just need ample proof of receiving benefits, and then we can approve.

Guaranteed approval for the financially stable applicants

The reason behind 99% approval rate of our loans is our strategy of guaranteed approval. If the fund seeker qualifies on all parameters, it is our commitment to provide guaranteed loans for bad credit situation. Direct lending is destined to offer convenient funds to financial requirements. Due to this principle, we offer funds on simpler terms and conditions and try to follow the rules of next-generation online lending. Delay is never a part of our loan procedure, as from application to money transfer, everything happens rationally, which gives a natural speed to the complete process.

Financial circumstances are sometimes unpredictable. At that time, the need for money may put you in a difficult situation. Not always your savings are sufficient, not get timely help from your friends or relatives. Why depend on someone else if you can manage to help yourself with the bad credit loans by direct lenders. A simple online procedure and funds get transferred to your bank account. Isn't that a reliable way to solve your financial issues independently? Yes, it is.

HugeLoanLender is dedicated to providing rational and convenient lending services. Our dedicated team of relationship managers offers timely support whenever required with personal attention. The 365 days availability of funds for your financial needs is the biggest support as you can borrow irrespective of festive holidays. Do you need funds? Then get ready to avail of reasonable deals on instant loans for bad credit with no credit check. We are right here to serve you with uncompromised services.