If you need a loan, but you have a low credit score or bad credit, you can qualify for guaranteed loans in UK. As the name suggests, a guaranteed loan is guaranteed by another person other than the one borrowing. If you can find such a person (a guarantor), we can give you a loan the same day you apply or withing minutes after you and your guarantor sign the loan agreement.
How to get guaranteed loans UK from us
Getting a guaranteed loan is easy with us. Start by filling our loan application form or requesting a quote. We have unique software that matches loan applicants with lenders who are most willing to lend guarantor loans. Our software will find you the cheapest lender with the highest probability of lending you. You’ll even know your chances of getting a loan beforehand. Our quotes are not obligatory. Also, they don’t affect your credit score.
After applying and getting an instant quote, you can expect to receive a loan within minutes once you sign the loan agreement.
Requirements for a guaranteed loan
· You must be an adult (18 or above years) to get guaranteed loans from us
· You also need to reside in the UK
· You need a guarantor. It can be your parent, sibling, spouse, friend, or anyone else willing to pay the loan on your behalf in case you have problems repaying.
· Provide other information accurately. Besides having a guarantor, you need to fill in the application form as required. For instance, the application must be filled completely and accurately. Luckily, we don’t ask for hard-to-get or peculiar information.
Important: To ensure you qualify immediately without delays, ensure you provide 100% accurate information. Although our loan application process is designed to avoid errors such as omissions, applications with inaccurate information will be rejected.
How much can I borrow?
You can borrow as little money as you want up to £25,000. Your final loan amount is, however decided by our lenders. As mentioned above, we have a one-of-a-kind software that matches you perfectly to a lender who is willing to lend you money immediately.
Repaying a guaranteed loan
We can facilitate flexible repayment. All our loans can be repaid automatically. You can link your loan a/c with your bank account to allow seamless repayments without delays. If you have any difficulty, we can restructure loans. Remember, defaulting on any loan can damage your credit score further making it much harder to secure loans in the future. Your guarantor may also be forced to repay your loan resulting in other consequences.