Welcome to Alternative Answer, if you are visisiting this site to restart your credit after a period of financial difficulty then you have come to the right place, if you are here to lend more money to add to or get out of an existing debt and you are a serial non-payer then please go here ».
This site and the products made available are to help people who have a damaged credit rating through no fault of their own, often as a consequence of ill health, relationship break up, sickness, divorce or redundancy. Poor or adverse credit is the result of not being able to keep up with their agreed repayments under the consumer credit act and have received a default notice or a County Court Judgement (CCJ) you also may have missed repayments over the past year or so.
This information is held by the credit reference agencies and lenders use it to make a decision when you apply for credit. Agencies hold personal information taken from previous credit applications. This includes your name, date of birth, current and recent addresses. The main part of your credit report is your credit history. This lists your credit accounts, the date they were opened, the credit limit or loan amount, and whether you have missed any payments.
Account details stay on your report for six years after you settle a loan or close a credit card. Agencies also record a credit search every time your credit report is looked at, for instance when you apply for a loan or buy something with interest free credit.
These searches stay on your credit report for up to two years. Once you have poor, damaged or bad credit your level of risk goes up your ability to obtain further lending goes down.
However do not despair, despite all of the above there are financial organisations that you can obtain credit from and start the climb back up the credit ladder again. We have gone to great lengths to source these companies and place them at your disposal all in one place, rather than spending hours searching the internet.
Here at Alternative Answer© we believe that everyone
deserves the opportunity to restart & rebuild their credit rating by being able to access the finance that
meets their individual requirements & circumstances.
Alternative Answer provide you with access to Finance companies that
specialise in helping people whos' credit rating has been impaired, even if you fit into any of the above there
is a finance solution tailored to suite your requirments which will give you the opportunity to get back on the
credit ladder and rebuild your credit rating.
Adverse Credit - Credit Cards »»
Aimed specifically at people
who have experienced problems getting a credit card due to a adverse, bad or damaged credit rating or no previous
credit history. A adverse, bad or damaged credit rating can be caused by a number of reasons including County Court
Judgements, CCJs, failure to pay utility bills, mortgage or rent arrears, loan defaults and bankruptcy.
Guaranteed Car Finance »» Companies offering Guaranteed car loans
and Guaranteed car finance to people who have a bad credit record, poor credit rating, the self employed and people
who have been refused car finance elsewhere. Many people find themselves unable to get the necessary finance they
deserve in order to purchase a new car, quite often through no fault of their own.
Unsecured Tenant Loans »»
Companies and lenders offering loans to people with poor credit rating, CCJs, arrears, defaults, the self
employed and people refused a loan elsewhere. Whether you have a low credit score, experienced bad credit
or debt problems in the past or are having difficulty getting a loan, ther are companies and lenders who may be
able to help.
Debt Freedom »»
If you are struggling to keep up with your
repayments on credit cards, store cards and loans and drowning in a sea of debt then this may be a viable solution
for you, you can reduce your outgoings and clear you debts without loaning more money.
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