There are many ways you can get into financial difficulties. If you have been made redundant it can be difficult to adjust. In recent times credit has been less readily available and people find it harder to get hold of credit that in better times would be easy to get hold of. However it is still possible to get bad credit finance.

The first thing to check is your credit rating. It may surprise you to find out what credit is available to you. It is very easy to get a credit rating and a lot of companies offer the service for free online.

Check the credit rating carefully as there may be mistakes. A mistake can prove very costly and may prevent you from getting the finance deals you need. If you do spot a mistake contact the relevant authorities to get the right certification to prove this.

In the event that you do have a poor rating there are still options available to people. Some may be tempted to approach an illegal loan shark. It cannot be emphasised enough that this is a very bad idea. The interest rates are enormous and the threat to your safety is not worth it.

There are a number of companies that offer bad credit finance loans or can get you credit cards despite having a bad rating. If you claim benefits it may be possible to get emergency loans to help cover the cost of debts.

When getting a bad credit finance deal always check the small print. Because of the nature of the loan it is likely you will be charged a higher interest rate. Make sure you check the terms and conditions carefully. If you are not sure and want more information contact your local independent financial advisor.