When a person in UK with bad credit score, applies to a regular loan, as per most of the bank rules, such applicants are not eligible and they reject the application to give a loan. Because of such rules, it has been difficult to find a bank that will give a personal loan for people with bad credit to satisfy the needs of a person. Bad credit means - credit score is below the 620 level and banks do not show interest to provide a loan to those people with bad credit .
But there are few lenders in UK, that have bad credit file loans for people with bad credit. One of the top loan brokers in UK who runs the website - Logbookloanstrust.co.uk , recommends logbook loans for the people with bad credit for urgent needs.
To get more details about bad credit loans , get in contact with the popular logbook loan quotes provider at their fan page on Facebook - http://facebook.com/Logbookloanstrustcouk . And check out their website, to know, why logbook loans are best of all the bad credit loans at Logbookloanstrust.co.uk .