Bad credit explained

Missed payments, defaults and CCJs: what they mean, how long they last and how to rebuild.

New guides on this topic are on their way.

Representative example: Borrow £300 over 10 weeks. 10 weekly repayments of £48.00. Rate of interest 499.5% per annum (fixed). Representative 11685.6% APR. Total amount repayable £480.00.