Loans for self-employed individuals with bad credit aren’t specially that is common especially no problem finding, for example.
As we’ve said before, ‘as a freelancer (or specialist, consultant or self-employed) you’re a bit of the gamble. You’ve got no task safety to speak of (at the very least in comparison to those who work in full-time work), with no income that is regular you begin to endure a little bit of dry spell). ’ In addition, your bad credit score doesn’t assist your position greatly regarding attractive to a lender.
But don’t despair – you can find loans for self-employed individuals with bad credit. You simply need to know where you should look (and think not in the package just a little).
Finding loans for self-employed individuals with bad credit
If you’re self-employed, as it can be before you start to look for a loan, make sure your credit score is in the best shape.
We’ve talked about how to before do this, but care for the basic principles first. Make you’re that is sure from the electoral register, that any personal lines of credit you’re not using are shut and that you’re paying your bills on time.