Are you fed up with lenders needing a guarantor to get a loan? If so we can help.
If you have a bad credit history and need a loan from £1,000 plus without a guarantor then below we’ve listed our top 3 loans for bad credit with absolutely no guarantor required.
1. Everyday Loans
Everyday loans specialise in loans for people with bad credit and no guarantor required. They are a direct lender and have a well known high street presence across the UK. Loans from £1,000 – £15,000. You can apply online and get a decision today using the link below
Borrowing £3,000 over 2 years at an interest rate of 67.9% p.a. (fixed), you will repay 24 monthly payments of £231.78 per month. Interest payable £2,562.75. Total amount payable £5,562.75. Representative 93.6% APR. Rates from 24.2% to 299.9% max APR.
2. Loans Warehouse
Apply for a loan from our award winning loan brokers. They will search their panel of no guarantor lenders to find you the cheapest deal on the market. Loans available from £1,000 – £250,000 for both tenants and homeowners. Repayment terms from 3 – 30 years with a wide range of lenders.
If you borrow £5,000 over 5 years at a rate of 14.9% APRC fixed, you will pay 60 instalments of £116.26 per month and a total amount payable of £6975.60. This includes the net loan, interest of £1975.60, a broker fee of £0.00 and a lender fee of £0.00. The overall cost for comparison is 14.9% APR.
3. Avant Credit
Avant credit are direct lender who issue loans to applicants who dont have a perfect credit score. Apply for a bad credit no guarantor loan from £1,000 – £20,000 repayable over 1-5 years.
Representative 42.5% APR