1 Year Loans Bad Credit

12 month loans are getting more and more popularity among the credit borrowers in the United Kingdom as it gives them chances to get their hands on quick and instant cash aid for an extended payback period of up to a year.  These loans are crafted for those people who are working individuals in the UK and have a bank account against their own name and are looking for loans to pay off their unavoidable bills and expenses. These loans are in demand with people who have poor credit ratings As well as being popular with salaried individuals. Bad credit profiles make it difficult to get everyday loans from building societies, Co-operative banks, traditional lender, local credit agencies and traditional banking companies as these traditional financial institutions treat bad credit borrowers as a risk  and  reject their loan application without any consideration. Poor credit isn't so much of an issue while applying for these loans as the loans are offered without the need for credit