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Council tenant loans are loans tailored to people who are non homeowners and rent a home owned by the council. Council tennants
with right to buy discount looking for an unsecured loan or a right to buy loan would also come under this category. Lenders
will assess an unsecured tenant loan differently from a secured loan because you do not own a property. You may not have a
very long credit history that demonstrates your ability to make regular repayments to your creditors.
Lenders look upon council tenant laons as higher risk because there is a lack of credit history on your credit record to
demonstrates what type of consumer you are. Also there is no security for the lender to use in support of your
tenant loan application (i.e. a property that they could posess in place of unpaid payments). Because they class council tenant loans
as higher risk lending, tenant lenders often ask for more information than for homeowners, such as details of your employment, previous addresses,
etc.
We understand that everyone's council tenant situation is unique and not everyone will have a perfect credit history.
What ever your current situation, we will try to help you. If you are looking for a fast decision on a council tenant loan, look no further.
We have streamlined our automated systems so that within seconds of sending your enquiry it is received by a loans company who will assess your
details with a panel of lenders.
If you are a council tenant looking for a loan and require access to a range of options including some of the best rates and best
loan schemes we feel that our site will provide you with a valuable resource to help you access what is on offer.
You may want to add us to your favorites so that you can revisit us if you are shopping around.
We believe the companies we introduce to have a professional manor and they are eager to help you arrange your loan quickly and without the
delay or the hassle you may have experienced in the past. We are certain you will be impressed by how much you could save by
taking advantage of a low cost tenant loan through us.
Council tenant loan information:
- The cash from a tenant loan can be used for any purpose, debt consolidation, car loan, purchasing a
boat or a motorbike, going on holiday, cash for birthdays, weddings, etc.
- Using the money for debt consolidation will mean that you are taking control of your finances and making life much
easier with just one single payment rather than payments to lots of different creditors each month.
- Insurances can be taken to protect you against unlikely but very detrimental events that you may not be able to
avoid, such as redundancy, hence giving you peace of mind.
- Keeping up regular repayments can help to prove to creditors that you are a good consumer, and could help in improving your credit rating
in the future
Can we help you with a council tenant loan?
Look at the following statements, the more statements that you are able to agree with, the better position you
will be in to obtain a council tenant loan quickly. Don't worry if some don't apply, we still might be able to help you:
- You have lived at your home address for over 12 months
- You have payslips to prove your regular income
- You have your own bank account in the UK
- You have no CCJs, Arrears, Bankruptcy, IVAs
- You have been paying utility bills or credit card and store card bills regularly
If you don't rate your chances because of what has been written above, try here anyway, what have you got to lose? You might
be surprised. Sending a council tenant loan enquiry takes just a few seconds and you should not have to wait long for a decision.
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