Payday / short term loans
Taking out a payday loan will NOT improve your credit score or profile. Lenders view these as your inability to keep up with your normal day to day spending and if you use them regularly, it raises serious red flags.
Most high street lenders will decline anyone who has taken a payday loan in the last 12 months. Specialist lenders understand life events happen and if one off with a reasonable explanation, we can get you a mortgage.