Why People Choose Us
You might be surprised at how easy it is to apply for a short term or personal loan. Furthermore, you do not have to leave your chair to apply. Instead, simply fill out the short form and if accepted by a lender you could get your loan by the next day.
Loans no guarantor that you can consider
Loans no guarantor are financial products that you can avail without the need to put up someone who will co-sign your loan deal as a guarantor. They are extremely popular options to people with bad credit and are in need of quick and easy funding right away. You can even take out a no guarantor loan online with plenty of specialist lenders ready to cater your need as long as you are qualified. Some of the solid options that you can look into in the UK today include:
1.) Personal Loans
The loans are unsecured forms of loans which means you don’t need to put up an asset or property to secure the funding that you need. There are plenty of lenders that provide personal loans in the UK from banks to mainstream lenders and online lenders as well. Having a strong credit rating is important in obtaining personal loans and you also need to have an income that can afford the proper repayments. If you are qualified, you can avail of a personal loan anywhere from £1,000 to as much as £25,000 with competitive rates and flexible payment terms.
2.) Logbook loans
Logbook loans are financial products secured to your vehicle. If you have a car, van, truck or any vehicle that you can comfortably offer as collateral for a loan, then a logbook loan would be an option you can consider. The lender will only require you to present your vehicles V5 documents or logbook which means you can continue using your vehicle as long as you keep up with your payments. Normally, the loans will allow you to borrow 50% of your vehicle’s trade-in value although there are other lenders that offer as much as 75%.
3.) Payday Loans
Paydays loans are short-term loans that work like cash advances. If you are faced with a situation where you need a bit of money to carry you through until payday, then a payday loan might be just right for you. You don’t need to offer a guarantor or a collateral to get approved for funding. There are also plenty of lenders that provide the loan both online and offline and you can enjoy instant funding anywhere from £100 to £1,000 on the same day you made your application. The qualifications for the loans are also very basic and you don’t need to have a strong credit rating to qualify. Normally, as long as your income is enough to meet the payments, getting approved would be easy.
No Guarantor loan Lenders
When choosing a lender that offers loans no guarantor in the UK, make sure that the company is legit. The loan industry is unfortunately riddled with loan sharks and it is always best to avoid them and their exploitative loan deals. You can verify a lender’s legitimacy by checking its credentials. Always ask for an FCA (Financial Conduct Authority) license and don’t forget to check the lender’s track record through testimonials and reviews before you apply. You can also use comparison sites on the internet to simplify your search for reputable lenders that provide the best deals for loans without guarantors.