Helping you with the Loan you need!

I would like to borrow

£100

£200

£300

£400

£500

£1000

£2000

£5000

£10000

Other amount

£

For how long?

1 month

2 months

3 months

6 months

9 months

12 months

24 months

36 months

Other period

months

I would like to borrow

£ 100

£ 10000

For how many months?

Other

months

Representative 49.9% APR. Representative example: Amount of credit: £750 for 12 months at £77.29 per month. Total amount repayable is £927.48. Interest charged is £177.48, interest rate 49.9% pa (variable). Rates from 11.8% APR to 1575% APR - your Free, No obligation quote and APR will be based on your personal circumstances. Authorised and regulated by the Financial Conduct Authority.

Free to apply

Easy to apply

Privacy protected

No paperwork

100% Secure Uk site

Open 24 hours Everyday

No Obligation Quote

What you need to know about No Guarantor Loans for Bad Credit?

Loans for bad credit no guarantor needed

What are No Guarantor Loans and what are loans for bad credit no guarantor: In life, there are times when you need a little help with money. We’ve all been there and it’s becoming more common for individuals and families to seek loans to help with their everyday lives.

But there are a lot of different loans out there like payday loans, short term loans and personal loans and it can be difficult to choose the right one for you. For example, you may have heard about no guarantor loans before but aren’t sure what it is exactly.

What are No Guarantor Loans?

First of all, it’s important to understand what a guarantor is. Simply, a guarantor is someone that you name when you’re taking out a loan. They are responsible for paying back the money if you are unable to do so. In other words, the guarantor is a backup for the lender so that they know they will always get their money back from a loan.

Therefore, you’ve probably guessed that no guarantor loans are the opposite; you can borrow money from a lender without naming someone who will promise the lender their full repayment.

No guarantor loans tend to be agreements that loan you smaller amounts of money or for a shorter term. There are no limits on how to use the money. This means that if you need to buy a new car or help to pay rent this month, you can choose a no guarantor loan. Usually lenders will not ask any questions.

Is there a Limit on No Guarantor Loans?

As we’ve mentioned, no guarantor loans tend to be for smaller amounts of money. This could anything from £100 to £7500. All payday loans direct lenders will be different and it may depend on your employment status and other factors.

Don’t forget that you will have interest to pay, as well as the amount of money that you’ve borrowed.

No guarantor loans may have higher APR to pay. This is due to the higher risk of not having a guarantor.

It’s important to always pay back your loan on time. This is why you should only borrow the amount of money that you need and that you know you’ll be comfortable paying back in the time specified.