Bad Credit Loans

Starting APR 498.34%

If you have a bad credit history, it can be hard to secure a loan from mainstream lenders. You may have had trouble keeping up with repayments in the past, received a County Court Judgement or even have no credit history at all. If you need a loan, Morses Club may still be able to help, subject to affordability.

When Morses Club talks about bad credit loans, it refers to a type of loan that may be suited to people who have perhaps had a less than perfect credit history. Morses Club may be able to offer you a bad credit loan that could help if you come up against unexpected costs.

  • Annual Percentage Rate (APR) 498.34%
  • Borrowing Amount £300 - £1000
  • Maximum Loan Term upto 1 years
  • Processing Time 1 day
  • Loan Types Bad Credit, Fixed Rate, Short Term, Unsecured


  • You need to be 18 years of age or above
  • Must be a citizen of the UK
  • You should have a functional bank account.

How do bad credit loans from Morses Club work?

Morses Club is a direct lender of UK bad credit loans. If you are a new customer with a low credit score, you can apply online today to borrow between £300 and £1000. Morses Club loans have different terms, which are based on the amount you want to borrow, however, your weekly payment amounts are fixed, so you always know how much you need to repay.

  • Initial online decision
  • No hidden charges or administration fees
  • No guarantor needed
  • Fixed weekly payment amounts
  • Friendly agent home-collection service or repay online
  • Fixed interest rates

How can I get an unsecured loan with a bad credit history?

For those with imperfect credit, some loan companies would require a guarantor to co-sign with you when you apply, who would be responsible for paying back the loan should you not be able to. Morses Club doesn’t currently offer a guarantor loan option.

There are many factors that go into determining your Credit Score:

  • Information on your credit report such as how much of your available credit you’re using and total debt
  • Your history of credit account payments
  • Credit searches (such as when a credit application is made)

What documents will I need to provide?

Income Wages

  • Wage Slip
  • P60
  • HMRC Letter
  • Accounts Record
  • Tax return
  • Remittance Advice

Outgoings Rent

  • Rent Book
  • Landlords Letter(stating contractual payments)
  • Local Authority Letter(stating contractual payments)


  • DWP letter(stating entitlement)
  • Job Centre Plus Benefits Award
  • HMRC letter(stating entitlement)
  • Working Tax Credit Letter(stating entitlement)


  • Pension Statement
  • Pension Letter(stating entitlement)
  • Pension Scheme letter(stating entitlement)


  • Utility Bill(s)
  • Letter from utility provider(stating contractual payments)

Other Loans

  • Payment Receipt Book
  • Financial Statement
  • Letter from Loan Provider(stating contractual payments)


  • Letter from registered Childminder(stating contractual payments)
  • Letter from registered play scheme leader(stating contractual payments)


  • Foster Income Confirmation Letter(stating entitlement)
  • Foster Income Remittance Advice
  • Court Order / CSA Letter(showing payments received)

5 steps to get your loan

  • Choose your loan amount
  • Tell Morses Club a little about you
  • Get an initial decision online
  • Finalize the loan
  • Receive your money