Tenant loans - what you need to know
tenant loans are usually for non-homeowners who require a loan to suit their financial status.
However if you live with your parents, if you’re self employed, or have a less than perfect credit history including CCJs, Arrears or defaults, even if you’ve been refused credit elsewhere, you could still qualify for a tenant loan tenant loan.
Most companies providing tenant loans search the market of around 500 lenders to find the best product for your needs. An application for a tenant loan doesn’t need to include your credit history information; in fact some companies will not run a credit check on you until your application has been accepted. With a tenant loan the company usually looks at your current financial status and your ability to repay.
In summary tenant loan companies specialise in being able to help people who have been refused a loan refused a loan elsewhere – whatever your circumstances…
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