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!

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.

Guarantor Loans Online: Keeping it Big Consistently


A guarantor loan is a subprime product that gives competitive low rates to individuals with a poor credit history. The pricing is cheaper than other alternative financial products across the market due to the “Guarantor” backing. This individual (a family member or friend) stands in to back the loan application should it happen to default. If it does then they will become important to clear the claims. The funds are issued to the backer as part of a security system by the lender. If there are not ever any issues throughout the term of the loan then the person backing the application will not ever have to be involved any further.

What is a guarantor loan?

A Guarantor loan is an unsecured personal finance agreement that calls for no credit scoring; you must also have somebody who trusts you enough to stand guarantor to your loan agreement.

Advantages:

  • Effective means to procure credit
  • Ignores credit rating of the borrower (no credit scoring)
  • Generally larger lending capacity as opposed to a payday loan
  • One of the only ways for many individuals with bad credit to gain finance
  • Helps to restore credit rating
  • Paid into your bank account within 48 hours of the loan being agreed

Finding an instant guarantor loan provider can be challenging. Many lenders require borrowers to have a flawless or good credit history, an active bank account as well as a property to their name. They also have restrictions when it comes to age. UK Credit softened their demands by allowing non-homeowners to guarantee their loan application but with added interest in order to reduce their risks in case the borrower defaults the loan. Whether the borrower is a homeowner or not, the lender will still check the borrower’s credit history. Although they are not that strict when it comes to the applicant’s profile, they will still verify if the applicant has not filed for bankruptcy or on IVA. Country court judgements and loan defaults are not their primary concern since most individuals seeking these loan products in order to consolidate debt. An alternative if you are unable to get a guarantor, we understand that not everyone has friends or family in the position to fill the guarantor space, is our bad credit personal loans guaranteed approval no credit check. Meaning that you can get the financing you are looking for without the stress of putting your financial troubles on someone else.

A borrower can apply for a loan amount up to a few thousands and the loan may be paid back based on an agreed upon schedule of up to five years. Online guarantor loans are cheaper than traditional loans in the market. They used to operate their business under the name FLM Loans, before rebranding in 2012. They launched their first loan product in 2005 which means they have been in business for quite some time. The lending industry has continuously grown over the years. Market data suggests that guarantor loans searches have doubled over the last few years.

There is no need to pay for broker fees if you work with a lender directly since broker fees can go as high as £300. You get to enjoy more competitive loan deals by not dealing with a broker. Avoiding such fees creates highly competitive rates. In the past, guarantor lenders demanded that borrowers send documents and files through post so you have to wait for days or weeks before you receive the loan proceeds. The good news is that many lenders now accept loan applications using their website.

These points to that same day funding can be received that is another interesting product feature. It is no surprise to see that guarantor loans are becoming increasingly popular across the UK market. There is now more supply than ever and it is a win-win situation for these lenders since they have the security measure of the backing to fall back on. On the other side, with poor credit you can still be obtained here, when most mainstream lenders would immediately turn down the application. Another point is that becoming involved in an agreement like this can help the credit score of the applicant and so in time they may well qualify for the cheapest rates obtainable from the leading banks.

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 money lender 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 that 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.