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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.

What is Guarantor Loans Paid into my Account?

If it is your first time to apply for a loan, you will realize that it is not easy since many lenders do not want to entertain loan applicants with zero credit history. Lenders will regard borrowers who have no credit history as too risky since they have not established themselves as reliable borrowers. If you are one of these borrowers, there is a higher chance that your loan application will be denied. While there will be no issue if you are looking for a secured type of loan product, you may need to look for other loan options if you want to obtain an unsecured one.

A guarantor loan is a great option but you, of course, need to meet certain criteria and requirements. The first thing you need to do is look for someone who can guarantee the loan for you who will be willing to pay off the loan in case you cannot. Lenders will require a guarantor to be someone with a steady source of income and good credit history.

Guarantor loans are designed for borrowers with bad or zero credit history since other forms of borrowings are usually not applicable to them. One advantage of getting a guarantor loan is that it can help you repair or build your credit score by paying off the debt without any setbacks. By growing or repairing your credit score, you can become qualified for better loan deals in the future.

There are many lenders who offer guarantor loans to borrowers with flawed credit histories and to those who have no credit history as long as someone can co-sign the loan agreement with the loan applicant. Interest rates will still vary from lender to lender. Before choosing a loan product, ensure that you shop around and compare to get the best loan rates.

Guarantor loans allow you to start building your credit score or begin repairing damaged credit history. Make sure that you assess your finances and affordability before deciding to get a guarantor loan. Remember that the guarantor will be responsible for your loan obligation in case you fail to do so.

Not looking for a guarantor loan? Follow this link to reach our cheapest bad credit loans now.

Guarantor Loans Paid Into My Account

While there are many advantages of acquiring a guarantor loan, one of the best benefits can be set up in the way that there is a high level of satisfaction about guarantor loans paid into my account. Yes, the fact that you can receive a loan even if you have a bad credit rating is a huge factor in the acceptance of this style of loan, but knowing that you can receive the money relatively quickly and directly into your account, has to be seen as a positive thing.

While every guarantor loan firm is unique, you will find that the majority present an ability to pay the loan directly into your account. This is of advantage to the lending firm, as it keeps things simple for them, and it is also positive for the borrower, giving them their funds as immediately as possible, and in a way that they can access them efficiently and quickly. If you ask will guarantor loans paid into my account be available when I need them? You will find that the answer is yes.

Given that many individuals who apply for a guarantor style loan need cash in a hurry, it is imperative that you can obtain the funds when you need them. Previous loan agreements would have seen the recipient receive a check or possibly have money transferred over to them. While these are both good options that will ultimately see the recipient receiving their money, these are methods that do not allow for immediate access to funds. This means that if you do need money in a hurry, they are not going to be of benefit to you.

You need to have a bank account to take in your funding

It is necessary that you have a current bank account that you can access to benefit from this deposit, but most guarantor loan firms will actually cite this as criteria for receiving funding from them. It is important to make yourself aware of the criteria involved with taking a guarantor loan. While you can receive a guarantor loan with bad credit or no credit rating at all, you do need a bank account and you need to be in receipt of an income.

This is a check carried out by the great number of guarantor loan firms and it is carried out to guarantee that you meet the criteria that they are looking for. A guarantor loan paid directly into your account will speed up the full process and will hopefully make life a bit simpler for you. 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 shouldn’t take you longer than 3 minutes its 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.