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Borrow from £100 to £25,000

We Cater For All Types Of Credit History So Dont Worry If You Have Poor Credit! We Can Find A Solution For You! Our Application Process Only Takes Two Minutes From Start To Finish!

  • Apply For £ 50 - £ 1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

 

PERSONAL

Loans

N Whole of Market panel
N Trusted panel of lenders
N From £1,000 to £25,000
N Rates from 5.7% to 278%
N 3-36 month repayment

 

SHORT TERM

Loans

N Online decision
N Responsible lenders
N Borrow up to £3,000
N Rates from 278% to 1576%
N 3-12 month repayment

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 236.1% pa (variable). Representative 481.6% APR.

Here’s how Guarantor Loans can Change your Life


Sometimes you need extra cash to fund your home renovation, car repair, or just some amount to help you get through the next few days or until the next payday. The good thing is that there are plenty of sources of financial aid during these desperate times. You may opt to borrow money from friends or family or you can get a secured loan if you are a homeowner requiring a hefty amount – at the end of the day, the decision will depend on your circumstances and needs.

A great option is a guarantor loan 5000 because of its many advantages which can be extremely helpful for people with no one else to turn to for financial help. offer a variety of advantages, especially for those who feel they have nowhere else to turn for monetary help. Find out how guarantor loans 5000 can be beneficial to you.

Easy Access to Borrowers

Specially designed for borrowers experiencing difficulty in borrowing money through other means due to their credit standing, guarantor loans can come in handy in times of need. If you are able to provide a guarantor that is 25 years or older and has a good credit history, you can easily be approved for a guarantor loan if you are not bankrupt, debt management plan or IVA. You must be able to prove that you can afford to repay the debt and if you can prove it, the chances of approval are greater.

Borrow Larger Amounts

Since you will be required to provide a guarantor for your loan, the lender’s risks are reduced since another individual can take over the loan in case the original borrow can no longer handle repayments, thus allowing you to borrow larger amounts. If a guarantor is an individual who owns a home or property, the amount granted will be much higher than if a guarantor is simply a tenant. This gives the borrower a great advantage since he can be approved to receive loan proceeds with higher amounts.

Fast Approval

Getting a guarantor loan is fast, with a quick loan processing procedure, the funds can become available to the borrower in less than a day. This is an excellent option if you have a qualified guarantor and want to obtain an unsecured loan.

Longer, Flexible Terms

Loan payment terms usually depend on the amount you will borrow and how long you can repay back the debt. Terms are normally amenable so guarantor loans’ repayment terms can last up to several years, as opposed to short-term loans with less than 30-days repayment deadlines.

Cheaper Default Rates

Compared to payday loans, a guarantor loan can generate fewer problems. Citizens Advice reported that there are a little over 500 issues that came up from April 2012 up to April 2015. Payday loans, on the other hand, had around 29,000 concerns within the same timeframe.

The Need for a Guarantor

Guarantor loans are typically unsecured loan. This is strengthened by the third person who is said to be a guarantor for this loan. The third person could be a friend, family member, work colleague or can be a complete stranger. This is typically offered for the repayment periods of five years, but the interest rates are greater compared to the other forms of loans.

A guarantor loan is an unsecured loan that is reasonably repayable over a long period of time. If the borrower has missed the repayment term, then in this circumstance the loan amount will be covered from the third person who has promised to repay the loan as a guarantor.

The people with no credit history or those who have a bad credit history are suitable for guarantor loans. It is likely to borrow a higher amount under a guarantor loan than that of other loans. If you are looking at a higher loan amount with a guarantor because of poor credit and are worried that you will otherwise be unable to get the finance you need don’t worry, there are other options available to you. If you really want a much smaller sum then a short term loan bad credit no credit check may be a better solution to your situation. This loan will be a means for the borrower to restore and convert their bad credit history to improved credits. In short, this loan is an opportunity for bad creditors to increase their credit history.

This credit varies from other loans due to its criteria expected to qualify. The most unusual and unlike criteria of this is that it is not the applicant who is judged by the lender but the guarantor, hence no credit checks are carried out from the applicants.

The guarantor will have to pay it back if the borrower can’t, so it’s really necessary that they can afford the monthly payments as well as having sufficient money to live their normal life.

The most important of this is the relationship between the guarantor and the borrower is predominantly is not important for the lender. It can be a friend, relative, work colleague or anyone or even it could be the strange too. The lender moderates only whether the guarantor are able to meet the above criteria. When it comes to applying for any type of loan it is necessary to ensure that you opt for the most appropriate product for you and that you will be able to meet the repayments over the lifetime of the loan.

What if I can’t keep up my repayments?

If you can’t keep up with your repayments you must contact your moneylender immediately and advise your struggling with the monthly installments some companies will adjust your monthly installments to reflect what you can afford to pay back on a monthly basis please note that this can also extend your term of the agreement and probably the amount of interest that you end up paying back. You’re never advised to just stop paying your agreement as this may result in interest being charged on the agreement and missed payments showing on your file this could make obtaining further down the line a lot more difficult.

What do I do next?

Next is the fun bit you need to click on the apply button and fill out our simple online form designed to make sure the whole application as smooth and pain-free as possible. The whole application process from start to finished shouldn’t take you longer than 3 minutes it’s as simple as you can get.

 

What can I do if I wish to complain?
Information about complaints can be found in our complaints policy.

What if I can’t keep up my repayments?
If you can’t keep up with your repayments you must contact your moneylender immediately and advise your struggling with the monthly installments some companies will adjust your monthly installments to reflect what you can afford to pay back on a monthly basis please note that this can also extend your term of the agreement and probably the amount of interest that you end up paying back. You’re never advised to just stop paying your agreement as this may result in interest being charged on the agreement and missed payments showing on your file this could make obtaining further down the line a lot more difficult.

What do i do next?
Next is the fun bit you need to click on the apply button and fill out our simple online form designed to make sure the whole application as smooth and pain free as possible. The whole application process from start to finished shouldnt take you longer that 3 minutes its as simple as you can get.

*Subject to lender approval and requirements.