Monday 27 May 2019

Can I get a loan with bad credit and no guarantor?

Yes, you can. Direct lenders like British Lenders have custom designed short-term loans for all types of applicants. Not having a good credit rating and no guarantor does not affect your loan application. You can still choose your principal amount and repayment period comfortably and proceed with your application.

bad credit people can get a loan without guarantor

A person lends money to get it back with interest. Online lenders do the same. They rely upon your income sources to determine whether you can afford to repay the borrowed amount. Your finances are sufficient to overcome your bad credit rating and guarantor presence. Your stable employment over the past six months adds a cherry on top of your application.

You could be surviving on benefit, receiving some kind of support income, have a job offer in hand or have evident money coming in after a few days. All these financial sources prove your affordability and credibility to the lender.
British lenders even offer loans for bad credit with no guarantor and no broker to people who get rejected from loan application due to their bad credit score with 100% guaranteed approval.