Bad Credit is No Longer a Predicament for Accessing Feasible Loans
Released on: September 13, 2007, 11:38 pm
Press Release Author: Amanda Thompson
Industry: Financial
Press Release Summary: Chance for Loans is a trustworthy loan arranger for both secured and unsecured loans.
Press Release Body: A small financial mistake like default or arrears can label you as a bad creditor, throwing you in the mouth of bleak financial opportunities. Once blotting your credit record, these errors stay with you for long time influencing financial options that can be availed by you. In the present scenario bad credit has become a common thing. In view of this trend several online loan services providers like Chance for Loans have come up with loans that cater to the needs of individuals with bad credit.
"I had my defaulted a loan repayment when I was in my early twenties, hardly realizing its repercussions. When I was expecting my first child Samuel, I required additional finances to get home improvements done so as to welcome our new family member with the necessary preparations. This is the time when I realized that bad credit had haunted me for over 2 years since my default. I could not find feasible loans due to my bad credit history. That's when a friend suggested bad credit loans offered at Chance for Loans" says Ms. Fiona Gibson, a contented customer of Chance for Loans.
Lenders usually prefer not to give out funds to individuals with bad credit history, owing to the high risk factor that is attached with it. Even if some of the lenders do offer loans to bad creditors, the financial aid is often tagged with a high rate of interest that can further push these borrowers to a narrower fiscal horizon. This is the prime reason why bad creditors are apprehensive in opting for additional finances.
But with the time the loan services providers are changing as well. Certain online loan services providers like Chance for Loans offer bad credit loans on a rate that is suitable for their budgetary framework and specific requirement. Mr. David Smith, a senior marketing executive at Chance for Loans says, "We, at Chance for Loans can arrange both secured and unsecured bad credit loans to help customers deal with their divergent monetary needs. Our association with some of the prominent lending institutions and banks can facilitate the provision of competitive loans for bad creditors".
Chance for Loans is a trustworthy loan arranger for both secured and unsecured loans. Valuable informative links concerning various loans such as personal loans, car loans, home improvements, debt consolidation loans, holiday loans, bridging loans, payday loans, wedding loans, signature loans, military loans, annuities or annuity quotes amid others are made available at Chance for Loans to widen your scope of awareness. Latest news updates and informative articles are also made available at Chance for Loans.
For a gaining more information pertaining to bad credit loans, visit at http://www.chanceforloans.co.uk/
Web Site: http://www.chanceforloans.co.uk/
Contact Details: 12 west ring road Sussex UK 045 674 7845