Fast Guaranteed Loans In The UK

Borrow £100 to £25,000* by

  • Bad Credit Accepted
  • Fast Payout
  • No Fees
  • Secure Application

Short Term Loans

£100 – £1,000

N Online decision
N Responsible lenders
N Rates from 278% to 1576% APR*
N 3-12 month repayment

Personal Loans

£1,000 – £25,000

N Whole of Market panel
N Trusted panel of lenders
N Rates from 5.7% to 278% APR*
N 3-36 month repayment

Representative 481.6% APR.

Representative example: £500 borrowed for 5 months. Total amount repayable is £991.85 in 5 monthly instalments of £198.37. Interest charged is £491.85, interest rate 238.1% pa (variable).

ccta and fca registered lender

Key Features

  • One of the most searched for loans, they actually refer to a loan with a high acceptance rate.
  • Though being accepted for a loan is never a certainty, higher acceptance rates mean there are more options available from UK direct lenders.
  • If you have bad credit, or cannot find a guarantor there may well still be options available for you.

Guarantee loans come in many forms the word itself can be taken into ways we often find them people googled this term the looking for one of two things. First thing I looking for is a guaranteed loan i.e. a loan that can be guaranteed to be paid to them upon their application, and this isn’t something that really does exist no loan can be guaranteed even if you have the best credit score the best affordability in the world each lender still makes a rain checks and is well within their own right to decline the loan for whatever reason they see fit as the end of the day it is their money that their lending. The other version of the loan people looking for is a guaranteed loan i.e. a loan that is guaranteed against property or a person otherwise known as a guarantor to make sure the loan is paid back in full. This is something that you can find in the market it is pretty commonplace for loans to be required to be guaranteed if the applicant is someone that suffers with poor credit or has previously been bankrupt, by using someone or something to guarantee the loan you may increase your chances of the loan being confirmed.

Borrow anything from £100 to £25,000 today.
Quick online application takes minutes.

Choosing The Right Guaranteed Loan

Our expert team is always on hand to make sure you get the best guaranteed loan even with bad credit. Our only application is all you need to do to tell us what kind of finance your looking for and we will do the rest. You will know in the shortest time possible what plan will suit your needs the best.

Payday Loans £100-£200 £200-£500 £500-£1000
Payday Loans
Payday Loans
Very Bad Credit
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No Credit Check
Direct Lenders
Payday Loans
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No Credit Check

Our Approach To Payday

This used to be something that people would use when they had a problem one month something before payday and they just didn’t plan for which was exactly what they were for. Unfortunately, the crooked lenders moved into the market and gave this industry a terrible name. These are the shady lenders who would impose unbelievable or unfair interest rates that tend to abuse or shortchange borrowers who are in desperate need of fast cash. It has been recorded that such loan sharks would even charge interests amounting to as much as 1000%. Unless you live under a rock, you would have seen in the papers or on the internet that this type of finance is the devil. Well, thankfully, these days have changed the FCA have come down hard on the industry and removed the licenses of numerous companies, so once again, we’re back to a nice clean product. Lenders today are seen as life-savers for people who are living on paycheck after paycheck and help people make ends meet especially in between paydays.

A Brief History Of The Payday World

This finance was created in the USA in the 1980’s the sole purpose was for a short term agreement to cover those unexpected expenses, this was created to stop people going to the illegal sharks that would often change the details after the deal was made, lie about the rates that they were offering and even physically abused those that defaulted on payments. It made its way over to the UK in the 1990’s and has been growing ever since. It was recorded that mainstream banks such as Wells Fargo have released the largest of loans to payday lenders back in the days. Even though modern times have paved the way to modern means of advertising for lenders, payday loans have evolved to still resemble old-time loan sharks; so-to-speak. Although everything is now regulated by official legislation.

There has been a massive crackdown on payday lenders especially with the steep economy that UK and the rest of the world was experiencing at that time. Many borrowers were in desperate need for payday loans but the FCA’s stringent measures have caused majority of payday lenders to leave UK and go elsewhere leaving only the most respectable.

Modern-day payday lenders would still require post-dated checks to cover for repayments and high interest rates. This was even called as check-cashing services in the effort to replace the term “loan” In 2004, 100 million pounds were lent across the year which rose dramatically up to 2012 when 1.4 billion was lent. This is obviously a massive jump which is, in the grand scheme of things, still nothing compared to credit card debt which is somewhere above the 55 billion mark. After the financial crisis of 2006 and the closure of the unsecured loan market within the banking circle, people turned to this financing option for the funds that they sought after for small and short term fixes. It was said that in 2012, the average TV viewer would see over 150 adverts a year. While there are indeed predatory payday lenders who seek desperate borrowers, there are now alternative options to payday loans that provide equal opportunity to borrowers and reasonable interest rates.

Our Suggestions

This type of finance should only ever be used if you have a short-term hole in your finances. This shouldn’t be like a routine every month as you would tend to go lax on the budget and overspend because you know you could always get a loan. Dependence on lenders is not at all a feasible way to live. Being debt-free should be the a priority and not lending as a way of life. This isn’t a product for people that want to use them monthly as a means of living as this will only end up with you in more piles of debt. It’s a scary scenario especially for people who are extravagant and lack discipline with their spending habits. This is not a financially healthy setup. Please always take out only what you can afford or spend within your means. Discipline in finances is always the key to effective money management. Savings for the rainy days is better than chasing after a lender to grant you access to fast cash. Remember that finance shouldn’t be used as a day-to-day money source. Loans don’t work that way as it could drain your finances right away.

Why Are They So Easy?

While they may say that their loans are guaranteed, what they mean is that it is very easy to be approved for the loan and almost anyone who applies for one will enjoy that loan approval. That’s not quite the same thing, but it is fairly close. You just have to be aware that any guaranteed payday loans from direct lenders with no credit check still might not be something you are eligible for. If you have a steady income, then they will likely approve you for one of their loans, and your credit won’t really play a part in the approval process. If you don’t make enough money to meet their minimum requirements, though, you won’t be approved.

Their requirements tend to be quite low, though, so most people are approved. If you think you can afford to pay back a loan on time, then you should not have any problem being approved for a loan. It may not be the one you had hoped for, and the lender may decrease the amount of the loan from what you initially asked for, but you should still be able to get a loan. Guaranteed payday loans from direct lenders with no credit check are definitely the way to go, if your credit is poor. The approval process can be nearly instantaneous, and you can have an answer as to whether you have been approved very quickly. That’s convenient for those times when you need money fast, and that’s why so many people turn to payday lenders for the money they require because it’s fast and hassle-free.

You can certainly try your bank for the loan you need, but they’re likely to turn you away if your credit is poor. Mainstream banks have very stringent regulations and strict screening process for loan applicants. You will have much better luck getting approved for guaranteed payday loans from direct lenders with no credit check involved than go to banks to borrow cash. Not having a credit check attached to the loan really helps, as it means that you are that much more likely to be approved. Often, that’s what the term “guaranteed approval” means. If credit isn’t a factor in the approval process, then more people are likely to be approved, resulting in nearly blanket approval.

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The World Has Changed

The FCA implemented, last January 2015, rulings that will affect lenders offering Online “high cost short term credit” loans:

  • a 0.8% limit on fees and interest per day
  • a threshold of £15 on default fees
  • a total cost limit of 100% which means the borrower should never be charged more than double the loan amount borrowed
  • From 2014 to 2015, the UK loan industry experienced significant changes when several known lenders left the industry. Many lenders were ordered to refund payments and write-off significant amounts of debt of borrowers.

The Result: Borrowers can now be assured that their interests are taken into consideration by lenders. Interest and charges were capped thus lenders need to act properly in chasing people’s outstanding debt.

What Guaranteed Loans Really Mean For You

We all know that lots of different industries use hyperbole to sell their products. That’s why when you hear claims of guaranteed loans no credit check direct lenders, you might think the offer is too good to be true. You’d only be partially correct. Is this a myth or could it be actually be real to get an instant loan today? This is likened to asking whether a glass is half-filled or half-empty – nobody couldn’t seem to agree or figure out the right answer.

Fact check – In reality, there is no such thing as a guaranteed loan. No matter how lax any lender’s online eligibility requirements are, they always have rules about who is approved and who isn’t. There are FCA regulations to follow so there really are no absolute guarantees with securing loans. Yes, no matter how impeccable your credit reputation or score is, it’s no guarantee for loan approval. There will always be someone they have to turn down for one reason or another.

Payday Loans: Are They Guaranteed?

This is said to be financial myth as there is no such thing as a guaranteed payday loans no credit check. Now, if there are lenders who offer guaranteed payday loans, then you must be wary. There are FCA regulations to follow for lenders and no matter how impressive your credit score is, that still is no guarantee for approval. Payday loans are probably the only product on the market that contradicts everything we went over above. The lending restrictions on these types of finance is notorious for being a bit laxer it’s a lot easier to get a short-term agreement than any other out there. This is because of one simple reason, short term lenders quite often have credit checks before approval. Don’t do a credit check now for obvious reasons. If there is no credit check for you to go through, then you will inevitably get the finance you require. Lenders too work on a certain algorithm. They evaluate a person for credit-worthiness and the risks involved should they decide to grant loan.

No Credit Checks – Is It Good Or Bad Thing?

Well, this really depends on what your credit history is like, if it’s poor, you ought to be grateful that there isn’t a credit check. If it’s good, then you probably will need to be looking at a different type of finance. This is because the lenders that don’t have a credit check often charge higher rates than the ones that do as there is a greater risk of lending for them.

Guaranteed payday loans no credit check is a very lucrative proposition for anyone but could this be a good thing, really? Lenders try to obviously protect their money as much as possible. There are risks involved when it comes to lending money. Unfortunately, bad lending was what helped push the country into financial crises years ago. I’m sure you have heard about the banks closing down because of bad debt. This was brought about by the banks giving money to anyone that applied regardless of credit score or financial status. They didn’t care if they could afford it or not because their whole goal was to lend as much as possible to everyone. Unfortunately, this scheme didn’t work out so well in the long term as people struggled to afford to hit their monthly repayments.

This is the main reason behind the strict credit checking now. This is albeit a move to stop the country from repeating past mistakes and for being lax about money matters. While credit checks could be a nuisance or hassle for borrowers, this is very important for lenders so as to avoid any financial mishaps from happening once repayments begin. One route you see becoming more popular is the guarantor loans. This is almost like what happened in 1960 when you would go into the bank and have a meeting with the bank manager. If he didn’t think you can afford to repay the agreement, then he would ask for someone to guarantor the payments so he wouldn’t worry about the lending. If you have someone that will guarantor a loan for you then this would be a great idea as this all helps with the credit check issue.

FAQ About Payday Loans

Looking for a fast guaranteed loan with poor credit can often be a very stressful experience. One of the best way to ease that worry is to know the facts that are relevant to your situation. To try and help with this we have included this section to highlight and answer some of the most commonly asked questions that we receive. If there is anything that we have not covered feel free to contact our customer care service or email us with the small questions and we will do our best to reply and include it in future updates to the site.

What Happens If I Don’t Pay It Back On Time?

Payday loans in the uk are said to be straightforward and easy but things can go wrong if you can’t pay back on time.This is where payday loans become expensive, if you pay the full amount back to the lender in time i.e. your next pay date then you will find payday loans aren’t the most of expensive finance out there. You could expect additional or higher interest rates, rollovers, and additional charges imposed on your instant loan if you default on any payments. The problem arises when you start to miss the pay dates set at the start of the agreement as the interest can roll on making it a very expensive type of finance.There are also money lenders that impose late payment fees. Make sure to inquire about these hidden or additional charges before applying for credit. You could also be transferred on to a debt collection agency which could be more stressful because of the high level of demand letters and constant follow-up calls that they will chase you with.

Can I Pick My Repayment Date?

Most lenders will always time their repayments in line with your pay date to make it fast and efficient. If there is a good reason why it should be on another date, then they would most likely accommodate this just as long as you pay right on schedule. Make sure that you are able to comply with the date you have chosen and not default in payments to maintain or boost credit rating.

What Do I Need To Apply?

The following is all we require from you to apply:

  • Your name and address
  • Your date of birth
  • Your contact telephone numbers and email
  • Your employment and/or regular income details
  • Your monthly expenditure information
  • Your bank account and debit card details

Who Use Payday Loans?

What’s really convenient about payday loans is that there is no lengthy credit check approval or paperwork just as long as you have a stable recurring paycheck. If you have regular employment but got caught short one month then this type of finance or fast payday loans guaranteed approval would suit you. If you have savings, we would suggest you use them before taking out finance of any kind. If you want to take this loan over a longer period of time then this type of finance isn’t for you. Payday loans are usually short-term and with a fixed rate or period of time. To qualify for payday loans, the most common requirements would be the following – social security number or individual tax payer identification number, bank account, valid identification documents, and a steady recurring paycheck.

How Much Can I Borrow?

The amount you can borrow differs from one lender to another. Every lender across the whole market varies in the amounts they lend depending primarily on your credit rating and capacity to pay or based on your paycheck. As a general rule for payday loans for those with bad credit, most lend up to about £1000 with guaranteed approval. There are firms that lend larger amounts for higher-earning customers as long as they are able to prove their income beforehand. Your paycheck or salary is your security and that is where they mostly base their credit approval decision. There are also many other forms of finance that span over a larger term period and can be of a far greater sum, these loans are normally secured loans or ones that require a guarantor due to the high level of risk that the lender is taking by giving more. Our application form will find out how much you are looking for and for how long, after that our expert team will find the best plan to suit you.

How Do I Repay My Loan?

All lenders will accept debit card or direct debit payments on the day that has been scheduled and that you both agreed to. If it’ allowed, you can even make advance payments so as to pay off your direct debt faster. The best form of repayment is a direct debit because it will give you a sense of ease knowing that payments are set up to happen themselves.

How Long Until I Get The Money?

The best information for people applying for loan is when do they get the cash they have applied for. As you can imagine, this can vary depending on the lender but there are ways to improve the speed of the process. Firstly, make sure you have all the required information to hand just in case a lender requires a wage slip. Having everything organised will make the loan processing easy and fast for both parties, it’s better to be prepared. If the lender doesn’t require anything of this nature then they can be paid straight into your accounts within the hour.

Are There Alternative Finance Options?

There sure are and lots of them in the loan market. If you have good credit, then a traditional unsecured loan will suit you perfectly. If that’s not the case then don’t worry. You should definitely be able to find a good match in terms of financing options. You will find that there are some great options out there with cheap loan products that will suit your capacity to pay and credit reputation.

Logbook Loans – They secure the finance against your vehicle.

Guarantor Loans – These are one of the biggest types of guaranteed loans with no credit check in the UK for people with poor credit. You simply have a guarantor vouch for the loan itself. No long credit checks or paperwork just as long as your guarantor is in top financial shape and has good credit rating.

UK Lenders List

Company Description
SAFETYNET CREDIT A new and smart direct lender with a difference, no transfer fees and loans funded within an hour.
THE QUICK LOAN SHOP The Quick Loan Shop is a UK payday lender bringing you instant payday loans online.
MYJAR LOANS MYJAR is direct and trusted short term lender. You can borrow up to £1000 now and up to £2500 later. There are also loans similar to My Jar that you could check out for rates.
MONEY BOAT LOANS Money Boat is an installment lender bringing you clear and manageable loans of up to £1500.
FERRATUM Loans of up to £300 for new customers and £1000 for existing customers
SATSUMA LOANS Satsuma Loans start between £100-£1000 for new customers. Choose to pay it back over 3-12 months Representative APR: 991%
WAGE DAY ADVANCE A short term loan that allows you to borrow up to £350 and repay on your next payday or earlier.
LOANS 2 GO Loans 2 Go Personal Loans, offer instalment loans of up to £1000 repayable over 18 months
PIGGY BANK Applicants can borrow from £100-£1000 for up to 5 months and spread repayments over several months
118 118 LOANS 118118 loans is a direct lender currently offering mid term Loans from £1,000 to £5,000 for 1 to 2 years.

More Fast Guaranteed Payday Loan FAQs

Can I obtain fast guaranteed payday loans?

Absolutely!. Many lenders know how difficult it can be to make ends meet these days, especially if an unexpected emergency expense arises from nowhere. As a result, they have made loan options like this available – all you normally need to do is provide them with the info they need to process your application.

Can loan funds be used to pay other debt?

Most definitely! After being approved for your loan and receiving the funds in your bank account, you will be able to use them in any legal way you like. This can include consolidation any other smaller debts you might have to give your existing budget some breathing room.

What info must I provide to apply?

You will need to provide information regarding your existing employment situation, your current physical address, a valid mobile number and a bank account number. This will enable your lender to do a direct deposit into your account after approving your application.

Do I only apply online?

Yes! Today’s payday loan providers have decided to make the application process as quick and convenient as possible. This means that you won’t have to visit a physical location to fill in a lot of paperwork – and wait days or even a week or two to hear if your application has been approved or not.

Can under 18s apply for fast guaranteed payday loans?

In most cases, payday lenders will require you to be over 18 years of age to apply for and obtain a loan from them. However, there may be some who will be willing to provide a loan if a parent or other member of immediate family is willing to co-sign on their behalf. This will have to be discussed with your lender when you’re in the process of applying.