Loans Without Guarantor?
It all depends on your credit history, sometimes guarantors are mandatory!
You can expect an automated answer within 3 minutes.
**Applying will not affect your credit score but if you accept the loan offer a full credit check will be performed
Fast and easy application
Applying takes as little as 5 minutes with a decision expected within 3 minutes max!
Bad Credit Welcome
Our large list of lenders gives you the highest chance of approval, even with bad credit.
This service is free to use, we charge no fee’s, we do how ever earn a small commission paid by the lenders!
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
REPRESENTATIVE 305.9% APR. REPRESENTATIVE EXAMPLE: £400 BORROWED FOR 90 DAYS. TOTAL AMOUNT REPAYABLE IS £561.92 IN 3 MONTHLY INSTALMENTS OF £187.31. INTEREST CHARGED IS £161.92, INTEREST RATE 161.9% PA (VARIABLE).
Loans Without Credit Check, Guarantor or fee’s
Are you looking for a loan without guarantor?
What are Guarantors?
A guarantor is basically a second person who you know that earns over a certain amount and has good credit history, enough to get the loan them self’s.
What this person does is places their word that they trust you and to prove it they put them self’s on the line to say that if you do not pay the loan they will take the bill.
Quite a risky business for anyone right? Well that’s exactly why it’s used because if you don’t have the credit score or income to obtain a loan with no guarantor then lenders need security.
They can approve your loan as long as you have the backup of someone trust worthy.
Guarantors have been used for a long time and can be found in all sorts of credit systems such as mortgages, car finance and many others.
But I have no guarantor for a loan?
So you can’t get a guarantor for a loan right? That’s where things can sometimes be in your favour with Loanski. Our partner’s loan search engine has a large list of lenders inside waiting for your application and some of them are guarantors.
Already just by applying for a no guarantor loan with us you have extremely high chances of acceptance because there are so many lenders on board with their panel.
But if in the low chance you’re declined there is a chance your application will be picked up by a guarantor willing to back your application.
Obviously we can’t promise 100% acceptance of any financial product we offer because it comes down to a lot of criteria but you really do have the best chance at Loanski.
No guarantor loans for bad credit?
So you have bad credit? Getting no guarantor loans with bad credit is also no problem in most cases, as already explained the lender list is very big and there are lenders that focus specially on applications such as your own with bad credit willing to take the extra risk and approve your application.
You can apply for a no guarantor loan on our website, anything between £100-£2000 over flexible terms to suit your needs. The lenders you get redirected to could be tailored to suit your specific credit score, depending on approval and the lender.
The application form takes around 3 minutes to complete, maybe 2 if you’re in a hurry. Once you have submitted the application, you could receive your cash within 10 minutes. Again, depending on the lender that may accept your application.
Loans with no fees or guarantor?
Our services cost nothing to use, that’s right, £0 and we do all the hard work for you. When you submit your application, it will be forwarded to hundreds of lenders, hoping to get your loan approved.
We’re not ones to give advice but remember to make sure you will be in a suitable position to make the agreed repayments on time to avoid any potential hardship.
To apply for a loan on our website, you need to be at least 18 years of age, have a regular income, be a UK resident and have a bank account.
With their being no cost, no detriment to your credit score and an easy-to-use website, what have you got to lose? Apply for your payday loan now on our Loans With no Guarantor page.
Loans without guarantor no credit check?
Loans without a credit check are simply a myth but when you apply for a no guarantor loan, in general your application will push with whats known as a soft pull of your credit profile, this type of credit check will not leave any bad marks or declines on your history so it does not affect your credit profile at all.
If in the un-likely event you are declined then that’s a shame but also not a problem for your credit profile, if in the likely chance you are accepted you will be forwarded to your accepting lender to complete the application and after this point your details might be used for a further detailed look into your credit profile but you’ve been accepted so what’s the risk?
Loans for 18 year olds, UK
18 years old and looking for a loan? Well this might be a tough one. You may most likely have hardly any credit history.
Maybe you’ve had a mobile phone contract or gym membership but in rare circumstances have young people had a lot of credit for a long time. Even if you have had a car on finance the time scale these accounts have been open is not so long so that means you need more time to build your credit profile to get a better credit score and obtain higher amounts of credit. Another issue is the income level most 18 year old’s are on isn’t the best, some may be fortunate and have an above average income but if you’re amongst the common young people then you won’t have a high income.
Loans for 18’s no guarantor
This means if you do have any credit accounts open such as a gym membership, a financed car or mobile phone, they will most likely take a large portion of your income, which is also a considered factor when applying for credit. The lender needs to know they are not putting you at risk.
So does this mean you cannot get a loan? Well, the chances are less but it’s not impossible.
Due to the fact Loanski’s application form searches a large list of multiple lenders, you automatically have a very good chance of acceptance.
Young people applying for a loan: What’s it for? If you’re young then the decisions you make are important. It is best not to rush into things non-required. Taking out a loan is an easy process that takes no time at all but that’s just the cream on the cake. Have you thought about repaying it? Do you know you can repay it without getting into a financial mess?
Always make sure you are able to make the repayments comfortably.
What benefits come with using Loanski?
First things first, we are a completely free service to use. Loanski strictly do not charge the consumer any amount of cash. The reason for this is, although we provide an excellent, speedy service, ultimately giving you the highest chances of short term loan approval, the last thing we want to do is make, what could be a vulnerable period for some, more difficult than it has to be. Some payday lenders and brokers have previously been found guilty of having unlawful processes, which has been known to have put their consumers in much difficult positions than what they might have started out in. We don’t roll like that and neither do most since the Financial Conduct Authority have taken action, essentially prioritising the customer’s outcome.
Secondly, as mentioned above, Loanski’s partner’s system gives all consumers a much higher chance of approval! We know this is an extremely strong statement to make. But it is true. You see, we work with a partner called Monevo. Monevo are Europe’s largest short term loan lending panel, having over 100 UK payday and short term lenders on board, potentially waiting to snap up your application. The entire technical process is really quite simple when it is broken down in to words, and this is how it works:
An application will be made on this website, taking roughly a few minutes to do. Once done, the application will be fired off to Monevo who will then try and match you up with a lender within a matter of seconds. You may think that such innovative software could only be developed out of some sort of digital spell book. You’re not far off. We have a great team with years of experience in all necessary areas to make the business what it is today.
Other benefits to us include all credit ratings being welcome, hence the web page focus on 18 year old individuals with little credit history. Poor or excellent, give us a try. What is the worst that could happen? Applying through our establishment will have absolutely zero affect on your credit file, leaving no footprint for other potential providers to see.
Bank loans for 18 year olds
Banks tend to have a much stricter criteria and other mandatory requirements than what other UK short term lenders may have. Don’t get us wrong, there is a massive plus to bank loans. Banks will likely have much lower interest rates, but with you being around the age of 18, are you going to get one? A lot of the time, they require a history of up to date credit and only lend to consumers with a much stronger credit rating. You can sign up to companies such as Experian or Equifax to check this information. Remember; to apply for a loan, you must be at least 18 years if age, have a reliable income, be a UK resident and have an active current account, in order to receive the funds you may be approved for.
Are you an 18 year old student without a job, looking for some quick cash? We have also been known to be successful in hunting the well-needed money for others, potentially in a much similar position to you. Let’s face it, students do not tend to have a lot of their own money. Just enough to pay for their education, microwavable foods and alcohol. Forgive us for the stereotyping, it’s just poor Loanski humour. Apologies! Anyway, we have the tools to allow people like yourself apply for the desired funding they need to get through the month. Just make sure you will be in comfortable position in the near future, to make all agreed repayments on time. That way, you can avoid getting yourself in a continuous financial decline, like a lot of young people do. Managing money is tough at any age, so do it with care.
Short term loans can also be used for products like vehicles, repairs, home improvements, weddings, funerals (unfortunately), new boilers, business startups, holidays, everyday spending, debts and other unexpected bills.
A great deal of direct lenders offer loans now that try to ensure that the money is put into your account as swiftly and efficiently as possible, this is due to an awareness that people often find themselves in a particular set of circumstances where a loan is essential and required immediately.
Lenders have accommodated this necessity and utilised the relevant technology to ensure widespread accessibility for all potential customers. One of the quickest and most convenient small loans on the market right now is a text loan.
This is where you can easily apply for a line of finance purely by text message. It’s very straightforward and easy to follow.
Smart Phone Loans
Smartphones are a ubiquitous part of daily life, so for any lenders to provide this service for short term loans is not just common sense but also an indication as to how the landscape of the lending market is changing in order to accommodate the consumer’s needs.
Once a loan has been applied for in this format most lenders guarantee a decision within half-an –hour, and for approved applications the money is usually within their account within an hour or sometimes even less.
This is ideal for a lot of people as it gives them the opportunity to secure a loan wherever and whenever needed without having an actual conversation with anyone. As the application process is so easy to follow due to its simplicity most big name lenders offer this now within the UK.
It is important to remember and consider that with any and all loans you should indeed weigh your options carefully and gather as much knowledge as possible so as to not make any financial decisions without giving it full consideration first to ensure that you are doing what is best for you. You would not want to rush into a situation which could lead you into potential economic hardship.
Something to consider and potentially be wary of is that there are certain lenders on the market that may promise ‘no credit check loans’; this would not be the case. The Financial Conduct Authority (FCA) does require that every direct lenders need to conduct a mandatory credit check. ‘No credit check loans’ are completely false in that regard as they cannot operate in that manner.
It is illegal. A common concern for most seeking a loan is “Can I secure a loan even with Bad Credit?” and that is still considered when applying for a text loan.
The truth is that a strong amount of lenders are aware of this and offer an ever widening variety of loans which specifically focus on being able to assist people who have a poor credit history.
A lender will now potentially offer a diversity of text loans and solid text loan alternatives for a customer’s consideration.
They may not consider whether or not you have missed many loan repayments previously, instead choosing to review your employment status and your financial situation upon application.
They may do this to ensure that they are providing loans for customers even with a potentially poor credit history. When searching for a text loan online you may come across a loan introducer, their role is to introduce the customer to their partner (based on that customer’s specific requirements, etc) for them to source the most appropriate and best suited loan available at time of application.
To try and ensure that everyone gets the relevant assistance in their search for a loan, these loan introducers and their partners specialise in catering to aid those with poor credit to gain access to same day loans as and when they need them.
They appreciate that looking for loans can be a considerably frustrating and stressful experiences especially when the circumstances may require the customer to secure a loan urgently, so they try to ensure that they can alleviate a lot of that potential strain and help in finding the perfect loan match.
How this works is by having a panel of alternative lenders who may be more apt in securing the finance that is being sought at the time of application. The lenders within this panel will usually have to successfully pass through strict sets of criteria.
This would help eradicate certain lenders who may not adhere to the law (for example as mentioned before lenders who offer text loans with no credit check); by removing these kind of lenders the customer will be possibly given the best opportunity to secure their desired loan with reduced concerns.
Interestingly enough due to advances in technology and the excessive reliance we seem to have with smartphones the mobile industry could be accused of being stagnant in terms of innovation in the last few years.
But, things could be about to change. Energizer is currently developing a midrange Android smartphone that could have a significant improvement on battery performance. We all complain at some point or another regarding poor battery life.
Well, Energizer are working hard on resolving this by producing a device that is fitted with a 16,000 –mAh battery (just to give you a comparison Apple’s iPhone X uses a 2,716 –mAh battery).
The device will be called the Power Max P16K. The company revealed a prototype to the Mobile World Congress. Many people that saw the phone stated that it was rather bulky in comparison to phones currently on the market (twice the weight and thickness) but packing such a battery it is to be expected. In fact the battery life could last for up to a week.
Another interesting innovation that is being cultivated by the minds at Bullitt (a U.K based licenced phone manufacturer) is constructing some useful devices.
Caterpillar is one of their partners and they announced earlier this year that the CAT S61, which is in their line of ultra-tough waterproof mobile devices. It isn’t just durable, it can visually record heat. We are talking temperatures ranging from an astonishing 752 degrees Fahrenheit all the way down to 4 degrees below zero.
It can use it’s thermal imaging technology to impose the thermal heat map over an image (kind of like augmented reality videos displaying heat) and this can be streamed live. The phones touchscreen is also impressive, it can operate when wet and even when wearing gloves.
|Advantages of using Loanski|
|Loan Amounts||£100 to £2000 ^||High Acceptance Rates|
|Application Decision Time||3 Minute Automated Decision!||100% Online No Paper Work!|
|Payout Time||As fast as 10 Minutes! ^||SSL Secure Application|
|Fee For Application||£0 We Don't Charge Fee's!||Multiple Lender Platform|
|Poor Credit Score?||All Credit Scores Welcome!||No Obligation|