Borrow up to £995
Rates from 278% to 1576%
3-12 month repayment
From £1,000 to £25,000
Rates from 4.7% to 278%
3-36 month repayment
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Credit £3,250 for 36 months | Interest (fixed at 41.16%): £2,464.57. | Total amount payable of £5,714.67.
Representative 49.9% APR. | 36 repayments of: £158.57.
How loans for bad credit no guarantor come handy in times of need
Taking loans adds to your daily stress and anxiety as you constantly need to worry about repaying it. Hence loans should be avoided as much as possible. But what if you are going through a financial crisis? Unexpected reasons of expenses or unemployment can financially destabilize a person. Also if you have long unpaid debts and your business isn’t generating sufficient revenues to clear your debts can also contribute towards financial instability. The best solution during these times of crisis is to opt for loans for bad credit no guarantor on benefits. These loans are easy to procure and have many benefits over normal guarantor signed loans or credit checked loans.
Ease of getting this loan
Just like unplanned or unresolved loans can bring your financial downfall, wisely planned loans can be your best friend during your days of the crisis. If you have a good credit record, it isn’t hard to find lenders who will lend you the required amount of money. But what if you have a bad credit record? In that scenario, you will require a guarantor who will be responsible for repaying the debt on your behalf. But generally, it is a complicated process and takes the time to find one. If you wish to save yourself the trouble of having to find a guarantor and get a loan despite your bad credit records then the best option is to opt for loans for bad credit no guarantor on benefits. Here are some of the benefits of this type of loan that has made more and more people inclined to it during times of trouble.
Simple registration process
Unlike other forms of loans, it does not require complicated documentation or registration process. Thus it is the best bet when you are in need of quick cash. Most lenders now have made application for this type of loans available online. All you need to do is find a lending farm website, fill out the mandatory details and the money will be transferred to your bank account shortly after a quick verification of the authenticity of your details.
No credit check
The best part about loans for bad credit no guarantor on benefits is that there is no credit check on the debtors’ behalf. Hence people with bad credit records are also eligible for this loan. Hence you need not go around looking for lenders all over the town due o your bad credit records.
Unlike most loans nowadays, you need not keep your assets as collateral to be eligible for the loan. Thus, even if you do not have any collateral, you can still opt for this loan. The lenders risk such bad credit loans charging a higher interest rate in return. Although these loans come with higher than normal interest rates, they are easily available and can help you out during your times of need.
So if you are facing a financial crisis and you are in need of quick cash, loans for bad credit no guarantor on benefits is your best bet.
CashComet is a licensed credit broker and not a lender.
We will never charge you for our service and the lender will not increase the rate to cover our fee to them.
We work with over 40 different lenders to bring you the very best rates from across the UK market.
Representative Example: Borrow £200.00 for 60 days. Repay in 2 payments, first payment in 30 days
Each Payment: £147.04. Total Repayment: £294.08, Interest: £94.08.
Interest p.a: 365%(fixed). Representative APR 1058%
Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk.
Do not borrow more than you can pay back as defaulting on payments can lead to serious monetary problems.
Any collateral you have against the amount may be at risk of repossession.
Finding the Right Loan for You
There are many kinds of loans that you can get while using a guarantor. We have divided our site to focus on specific kinds to make it far easier for you to make sure you are getting the finance plan you are looking for.
If you are looking for something specific then check to see if our sub-sites cover what your after. If they don’t just get in contact with us and we will definitely be able to help.
5 most recent personal loan reviews
Honest, realistic and genuine, I can't say anymore than that. I had problems with credit in my past that were cleared but unfortunately my credit score was very poor but thankfully Ikano loans gave me a chance to rebuild that. High rates, but that's expected when getting a loan with such bad credit. Thanks again for your support.
Review posted by Peter Harrow, Thornbury
Ease Of Use
Value For Money
Excellent communication and a very quick and easy process. Authorisation telephone call was conducted by a friendly and polite lady who explained everything clearly. Would highly recommend this company.
Review posted by Melanie Steele
Ease Of Use
Value For Money
The service was simply amazing. I have never taken loans service seriously, my view point has now changed. I needed the money for flight tickets to attend a funeral and I could have not been dealt with in such an amazing manner. The interest rate was also better than I expected. Certainly will be paying the money back early as this was really an emergency and a life saver.
Review posted by Wayne Crouch, Plymouth
Ease Of Use
Value For Money