Payday Loans UK
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
  • Simple
  • Safe &

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

Loans for Bad Credit No Guarantor

Tough financial situations will push individuals to find all the available resources that are feasible for them. Bad credit loans no guarantor is one of the readily available options for those who are having a hard time paying off bills or getting access to much-needed cash. In most cases, direct lenders are not very welcoming on loan applicants with bad credit reputation and with no guarantor. This can be a truly frustrating experience especially if you really need cash. Finding lenders who can loans for bad credit no guarantor allows a small breather for people to access funds despite their current bad credit reputation and even without someone to vouch for them. 

What are Loans for Bad Credit with No Guarantor?

Loans for bad credit with no guarantor are a type of unsecured loan which you can contact to apply for without being subjected to various credit check. Borrowers also do not need to seek out someone to guarantee that the loan will be repaid and still get approved. These type of loan is so convenient to get and it can be processed through online lenders offering online loans. Applicants simply need to prove their identities by submitting relevant information and documents. Financial institutions offering loans for bad credit with no guarantor will not discriminate against their bad credit.  

A Guarantor loan require a guarantor who can back up a lendee financially in case they are not able to pay back their loan. This can be risky decision in some instances especially if the person is a close relative. Your guarantor will be the one liable to make sure the debt is paid back and will be legally responsible to settle the pending loan amount after the last warning late repayment notice has been issued. Lending institutions make it a point to secure the money they release out on loans. But of course, not all people are lucky to have willing guarantors considering the risk that comes with it. This is why many financial institutions have developed this type of loan.    

Who are These Loans for?

Loans for bad credit with no guarantor are very feasible for the following people:


  • Those who need to pay off debts, 
  • Those who need to get cash immediately, 
  • Those who need to refinance another kind of loan,
  • Those who need to make a necessary or much-needed purchase. 

This kind of personal loan is particularly crafted for those who want to borrow and have a bad credit scores and are hesitant to ask somebody to be their guarantor. Loans for bad credit with no guarantor requires no collateral and the process is quicker than other types of loans. This kind of loan gives people with bad credit score another shot at fixing their current financial situation. 

Can I get a Loan Despite Having Poor Credit Scores? 

Yes. Loans for bad credit with no guarantors are developed and offered by many lenders across the UK. These are sometimes referred to as short term loans which are designed for people with poor or bad credit. Lenders no longer look into the person’s credit history and simply refers to the more recent and relevant data when assessing applications. 

By focusing on your current financial standings or employment status than looking at previous loan repayment defaults and or missed, lenders can now offer loans which are designed for people with poor credit scores. Thus, even if you have a very bad credit history, you can still find help from lenders offering loans for bad credit with no guarantor.

How to Get a Loan on Bad Credit Scores?

Having poor credit scores or very bad credit history should not be a reason for denying people their much-needed loan. Despite what happened with their previous credit miss out, you can still get short term loans whenever you need them. At present, direct lenders have created a selection of loans which people with bad credit scores can access and apply for. 

Paydayloansnow can match up applicants with a reputable institution to give you the best deal on short term loans for bad credit with no guarantor. Applicants can compare loan offers and eliminates the worry on the possible negative impact of having poor credit scores on the approval of the loan. Thus, even with a very poor credit score, you can apply for quick loans from the increasing number of UK direct lenders offering loans for bad credit with no guarantor. This will increase your chances of getting accepted in your first application. 


How Much Can I Apply on Loans for Bad Credit with No Guarantor?


When you apply for a loan at Paydayloansnow, you will be matched up with multiple lenders who offer short term loans for bad credit with no guarantor ranging from £50 up to £5,000. You are also given the option to spread out the monthly repayments from one month up to 36 months! This will give you a chance to fix your budget properly and help you cope with your present financial situation. 


How Soon Can I Get the Money After My Loan Is Approved?


People who apply for loans are likely to need the money immediately thus, direct lenders have a panel of verifiers who will instantly decide on your applications and process to provide your funds in your account within 15 minutes after approval.  Loans for bad credit has been revolutionized in terms of loan approval and the accessibility of approved funds. 


How to Find the Best Short-Term Loans for Bad Credit With No Guarantor?


There are various factors to consider when comparing direct lenders offering short-term loans for bad credit with no guarantor. You should check out the lender’s reputation as well as the APRs that they are offering to now whether they have any hidden fees. It is important for you to know everything you need to know before making any decisions. Once the loan is granted you cannot reverse it or it can incur higher charges. 


Comparing different offers, deals, and conditions from several lenders can help you decide which is the best short term loan for bad credit with no guarantor. So make your research first to learn all the details and rates around. You may also utilize the Paydayloansnow’s feature of matching you with a partner lender with the best kind of loan offers for poor credit and no guarantor. 


What Can I Do If I need Help With my Debts?

In case you come to a point where your debts are already too much for you and you need financial advice, you can consult with different companies offering free advice. They can provide you several options on how you can elevate your present financial status without going deeper into debts.    

Are Loans for Bad Credits with No Guarantor the Option for You?

Loans for bad credits with no guarantor are loans given to people who have gone through difficult financial situations before. These people might have gone bankrupt or defaulted with their previous loan contract. This can put people in a negative light and the records will reflect on their credit score. Your credit score history says a lot of your financial behaviour and your worthiness. Bad credit history may negatively impact the approval of your regular loan applications. Fortunately, there are loans specifically designed for these situations. People with bad credit history can still apply for a loan but the options are limited at some point. Looking on the bright side, you can work on improving your score and remove the negative credit impression over time. Once you find the best short-term loans for bad credit, you can slowly but surely repair your credit score. We are Authorised and regulated by the Financial Conduct Authority.