As many as one in four of the adult population in the UK has experienced some form of adverse credit during their lifetime and very often banks and building societies are unwilling to risk lending money to those whose credit rating remains low, particularly people who don't own their home.

Fortunately there are some lenders who will consider offering unsecured tenant loans to non homeowners who have a poor credit rating, without charging exorbitant rates in the process.

Car Finance

There are a few specialist lenders who provide car finance for people with a bad credit rating.