Released on = October 12, 2006, 7:50 pm

Press Release Author = Amanda Thompson

Industry = Financial

Press Release Summary = Chance for Loans, an organization that aims to bring easy
loans to borrowers in the UK, believes that bad credit is not as difficult to offer
loans as is the feeling among lenders here.

Press Release Body = The worst fears of lenders turn into a reality when they
witness a bad credit in borrower's credit report. All of a sudden, the borrowers
with bad credit will find all doors closed to them for getting financial assistance
through loans. Disappointment because of unfulfilled desires may lead such borrowers
to loans charging very high rate of interest, unless help from Chance for Loans is
available.

Chance for Loans, an organization that aims to bring easy loans to borrowers in the
UK, believes that bad credit is not as difficult to offer loans as is the feeling
among lenders here. Joe Blake of Chance for Loans says, "Lenders too are concerned
about the safety of their funds. Their recoiling thus at listening about bad credit
of a borrower is obvious. What is required is thinking from the side of the bad
credit borrower. Most borrowers will not intentionally default on payment. If past
is left aside and these borrowers are given a chance to start anew with bad credit
loans, they will certainly want to prove all fears wrong. But the question is which
lender will make the first move."

Bad credit loans have sure seen some boosting with the efforts of Chance for Loans
and several other loan arrangers, which have a more positive outlook towards bad
credit borrowers. The process of availing these loans is often very simple. It
starts with a simple online application, which is later forwarded to various
lenders. This is a more effective method of finding bad credit loans at typical APR,
easy repayment options.

Apart from bad credit loans, Chance for Loans has on offer personal loans, secured
personal loans, home equity loans, unsecured loans, etc. Visit the website
www.chanceforloans.co.uk for more information.

Web Site = http://www.chanceforloans.co.uk

Contact Details = Calleva Park
Birmingham
Warwickshire
UK