BUSINESS

Loansmart There For Those With Bad Credit

Friday 27 March 2020, 5:39PM
By Beckie Wright
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For someone who has bad credit, there is often nowhere for them to go after the bank has refused them when they need some finance, so Loansmart have gone to some length to see if they can assist with a loan. As they put it, “With bad credit situations we often just need to know you own a car, or perhaps you have someone willing to guarantee a loan if you can’t make payments down the track”.

Loansmart’s bad credit loans and finance solutions can also help you to improve your credit score over time when you make regular payments to your loan. They take time to find out why you have bad credit, and will learn how your situation has improved, to put your case to their lenders. As they say, “If we can help, we will”.

They suggest people use the money to clean up some bills, buy a new vehicle, invest in course and education fees, paying up bond and rent in advance. The money can also be used for car repairs and emergency vet bills. They understand that there is any number of reasons why you could need finance, so there is no reason why you should let a poor credit score put you off from applying and getting the cash you need.

Loansmart was set up to provide an alternative to the big banks and finance companies that dominate the consumer finance market. When you apply for a loan they have some responsibilities to you, including that they understand your needs and your situation. This will allow you to make an informed decision about your loan and rest assured all information provided will be kept confidential. 

Finally, if you are unable to keep up your payments on your loan because of illness, injury, loss of employment, the end of a relationship, or any other reasonable cause, you may be able to ask them to vary the terms of your Loan Agreement with them, so for

more information on business finance loans, bad credit loans and personal loan application processes please go to http://www.loansmart.co.nz .