Bad Credit Loans No Guarantor No Broker

Apply For Up to £5,000 *

Representative Example:

  • Loan amount £200 for 35 days.
  • Payable in One total repayment of £256.00
  • Interest charged is £56.00,
  • interest rate 292% pa (variable).
  • Representative 1212% APR.

Select an amount

  • No Hidden Extras
  • Simple Application Process
  • Safe & Secure

Representative Example:

  • Loan amount £400 for 90 days.
  • Payable in 3 monthly instalments of £187.31
  • Total amount repayable £561.92
  • Interest charged is £161.92,
  • interest rate 161.9% pa (variable).
  • Representative 305.9% APR.
Warning: Late repayments can cause you serious money problems. For help, go to

Getting a Bad Credit Loan with No Guarantor

No Guarantor No Broker Bad Credit Loans
Borrow £100 – £5,000
Loan type Short Term
Repayment Weekly or Monthly
Interest Rate 292% PA

In times of tight financial crisis, taking out a loan online might be the easiest and fastest way to access the money you need. It is even more straightforward for people with regular jobs. There are quick payday loan offers that you can apply for when you are eligible for it. You can quickly fill out a form, apply it by sending it over, and you will soon receive the amount you need directly in your account. 

But in case you have a bad credit history, will the process be as easy? Browsing around the various direct lending sites may lead you nowhere. The best thing for you to do is search for loan brokers instead. These companies will forward your application after a thorough review of your qualifications. They will match you with lending institutions that can provide the best deals for your situation.

Can I Get A Loan Even If I Have Bad Credit?

Yes, you can find a no credit check loan as well as bad credit loan no guarantor no broker type of loans online. Despite the UK Law requirement for lending companies to perform credit checks before loan approvals, you can still get approved for these types of loans without worries. 

In most cases, people with bad credit records hesitate to apply for loans because they fear rejections for their application. It is the trend for banks and financial institutions when you try to take out a loan. They will review your records, and when they find out that you have a less-than-stellar history, your application is automatically denied. 

But don’t despair, many companies now developed products and loan offers that are more lenient for people with bad credit. These days, approval of Payday loans is no longer dependent on credit history as proof of your capacity for repayment. As long as you have proof of income, you can apply and get approved for immediate cash loans. 

This can help you resolve immediate financial concerns such as due dates of your utility bills, emergency medical needs, and other urgent expenses. 

On the other hand, it is not recommended that you search for no credit check payday loans. Financial institutions, though they offer bad credit loans, may still browse your credit history through a soft check. But they will not put much weight on this data for approving your loan.

Understanding a No Guarantor Loan for Bad Credit

Guarantors are typically called for when you apply for a loan while you have a bad credit record. When you apply for a no guarantor loan, the lender will allow you to borrow money without collaterals or a co-signee that will secure repayment in case you default. 

Another term for no guarantor loan is the unsecured loan. It can be either short-term or long-term loan offers, and typically, they are more expensive than guarantor loans. No guarantor loans, coupled with bad credit, pose a higher risk for lenders than when you borrow with a guarantor or a good credit record. Many people who have quick cash needs find this kind of loan to be advantageous for the following reasons:

Quick Cash – If bad credit record and you have no time to find a guarantor, you can apply quickly for a no guarantor loan instead. It only takes a few minutes to apply, and you don’t have to approach friends or relatives to co-sign your loan application.

Less Paperwork – Applying for bad credit loans and no guarantor loans can be completed online. It is an unsecured type of loan so, it does not necessitate personal signatures. 

Privacy – Applying online for quick cash loans means you don’t have to expose your financial troubles to other people. No guarantor loans provide a private borrowing arrangement involving you and the lender only.

How Much Am I Allowed to Borrow if I Do Not Have A Guarantor?

Depending on your loan provider, you can apply within the minimum, and maximum loan amounts that they offer. Typically, no guarantor loans can range from £50 to £5000. The amount approved will be dependent on the criteria that you’ll meet as set by your lender. The best way for you to find out if you qualify for your desired loan amount is to fill out an application and submit it. It will be assessed, and you will be notified if you are eligible and the loan amount offered for you. If you agree with it, then your application will be approved, and the money will be transferred to your account within the day. 

Is a No Guarantor Loan More Expensive than Other Types of Loan?

Typically, the APR rate that is charged on a no guarantor loan is the amount of risk that lenders have for allowing you to borrow money. Thus, people with very bad credit may need to pay a higher interest rate because they pose a greater risk to the lender. 

In the case of a guarantor loan, lenders are given an extra layer of security despite the borrower’s bad credit; thus, the interest rate is a bit lower. And lending without a guarantor will mean a higher risk for the lender. Because of this, the interest generally higher. 

There are now lenders that specialise in various loan offers, and the difference in interest rates has become negligible. You can apply for a no guarantor loan when you have bad credit, and you will be given several options showing the best deals for your situation. 

Ideally, you should choose a payday loan site that works with authorised lenders and are regulated by the FCA. These companies are the ones that provide a transparent lending process, so you are assured that there are no hidden costs or fees. 

Even if you have bad credit, you will still have options to choose from the best deals on bad credit no guarantor UK loans. This way, you can decide better and ensure that you get a deal that will work for your needs and circumstance.


Some people think that they cannot apply for a loan because of their bad credit record. While most financial institutions require a guarantor when you have bad credit, there are now lenders that offer soft checks and no guarantor loans for everyone. The best move that you can make today is to apply online. Loan brokers will find lenders with the best offers for your needs even if you have bad credit or you don’t have a guarantor!

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