There was a time when the mistakes of the past were enough to make getting a loan anytime in the future very difficult indeed – this was especially true when seeking unsecured loans. However, it is possible to get unsecured personal loans with no credit check, which effectively means a bad credit history is ignored.
Securing such a loan depends on the applicant ticking some key boxes. And, while in some cases getting loan approval fast can be assured, this depends on the size of the loan and the lender. So, there is nothing guaranteed.
However, there is no doubt that the chance to get an unsecured personal loan with which to deal with existing debt is there to take. All that is needed is to meet the basic criteria and prove income is enough to make the repayments.