Bad Credit Loans are specially designed to help you in your financial crisis by providing funds as per your needs. It is available for you in secured and unsecured form. The amount you can gain after approval of loan on secured form is up to £1000 with an easy repayment tenure of 10 to 20 years. And in unsecured you will get an amount ranging from £100 to £1000 with a repayment period of 1 to 10 years. If you are the citizen of UK tagged with arrears, late payments, payment defaults then you will not face any problem in taking the loan. These loans are open to any type of bad credit holders. These loans are for those who can pledge the collateral or for those who do not pledge the collateral. So don't wait apply right away!