Borrow from £100 to £25,000

Complete our simple 60 second application form to get the loan you want today.

 

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: Cash price £7,500. Deposit £0.00. Total amount of credit £7,500.00.

60 monthly repayments of £137.22 Total charge for credit £733.20. Total amount payable £8,233.20. Interest rate 3.8% fixed. 3.8%APR Representative.

We are a Credit Broker and not a Lender

What is Guarantor Loans Paid into my Account?


While applying for a loan for the first time you might find out that it is not a simple task as most lenders prefer not to work with the borrowers with no credit history. Dealing with such people is too risky as they haven’t made the reputation of reliable borrowers. So, in case you haven’t made a credit history yet, the chance of denial for a loan is high. That won’t be an issue while obtaining secured loans, but if you require an unsecured form of a borrowing you will need to look for some other options available.
Such a way out is a guarantor loan. Certainly, to be entitled for a loan one should meet with certain conditions as well. The most essential thing that you must do is to find a guarantor a person who takes the responsibility of paying a loan off in case you fail to do this. A person who has a good credit and a steady job can act as a guarantor.
Guarantor loans are specially indicated for the borrowers with a bad credit history or with no history, whereas others types of borrowings can be not applicable for such borrowers. With the help of such loans you are prepared to grow your scores if the loan is paid off without any problems. If you manage to repair your credit scores, you will have the chance to qualify for some other forms of loans with more favorable terms in future.
Guarantor loan companies provide such loans to the borrowers with no credit history and to those who have bad credit scores provided that the guarantor cosigns the loan agreement together with the borrower. Interest rates that come with the loan depend on the lender. So, before getting a loan, make sure you choose the one with the most favorable rates.
Guarantor loans give you the chance to begin building your credit history or developing a bad one. What is important to recognize prior to applying for a guarantor loan is to make sure you can afford this loan. Otherwise it is the guarantor who will carry the obligation of paying off the funds you’ve taken.

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 bets 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 the, 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 shouldnt take you longer that 3 minutes its as simple as you can get.

*Subject to lender approval and requirements.