Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk

£50 to £25,000

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Payday Loans

£50 - £995

Tick - OrangeOnline decision

Tick - OrangeResponsible lenders

Tick - OrangeRates 278% to 1576%

Tick - Orange3-12 month repayment

Personal Loans

£1,000 - £25,000

Tick - OrangeInstant Decision

Tick - Orange60-Second Application

Tick - OrangeRates 4.7% to 278%

Tick - Orange3-36 month repayment

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.
Not all loan types and amounts are eligible for 20 minute payouts. Your chosen bank may increase the time you receive the funds.

What sets us apart from the rest

Quick and Easy Application

No one wants to spend all their time filling out over complicated forms.

Personalise Your Loan Needs

It is no good applying for too much or too short a period – Make your loan your way.

Loans Paid Out Today

One of the fastest payouts available, most receive their money within 15 minutes.

See How We Compare

Loan amount
1,000 - 7,500
Loan term
12 - 60 months
Customer Scores
Great Customer Service
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Loan amount
1,000 - 10,000
Loan term
12 - 60 Months
Customer Scores
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Having bad credit ratings? Still you can get a loan

When someone applies for a loan, lender will use the data of credit file of the borrower to assume the risk of providing loan and the chances of getting the money back. Lenders make sure that they will get their money back on time. That is why they check the credit history of the borrower. When a borrower fails to pay the loan it gets added to his credit file and give him a bad credit score. However, credit rating can be improved by the borrower but it requires time and efforts.

There is an option of getting No guarantor loans for bad credit for those who are in urgent need of funds.

What if a person having bad credit asks for a loan?

If a person having bad credit ratings and want to get a loan then there are great chances of getting refused by the lenders. Though a person asking for a loan have certain rights-

  • Lenders are bound to tell the reason of refusal.
  • If the person is scored through computer then he can ask the lender to review the decision.
  • If he/she is manually scored then he can provide additional information if available.
  • Lenders are bound to share the name of the agency they have referred for the credit ratings.

What to do when your loan is not sanctioned?

If your loan is disapproved because of bad credit ratings you can-

    • Use your property to get a low interest loan. Though there is a risk involved if you can’t repay the loan back.
    • You can ask non-profit organizations for loan. Finding out a credit union and ask them to grant a loan can be a good decision.
    • You can ask an individual for a loan online. Both the borrower and lender get benefited by this type of loan. Lenders give money to the one who meet the criteria. From the list he can choose an individual whom he wants to lend money. This is an amazing online platform where lender earn higher rate of interest.
    • Money can be borrowed from family and friends. This will avoid all the complications and long procedures.

Know about a bad credit loan

These loans are meant for those who have bad credit ratings and they want to get loans. Bad credit loan have higher rates of interest because of higher risk taken by the lenders. If a person having bad credit scores borrows money from lender, he gets a chance of improving his credit scores by giving the money back on time.

What is ‘No guarantor’ loan?

Type of loan which does not does not require another person to sign or take guarantee of the repayment of the loan borrowed by a borrower is called No guarantor loans for bad credit. A guarantor is a person who signs and guarantees that the borrower will pay the amount he borrowed but in no guarantor loan, there is no need of finding someone who takes guarantee for loan.

There are many online lenders available these days who grant No guarantor loans for bad credit. The application is to be made online and they will grant loans with no hidden fees or charges. Such loans are instantly approved. These online lenders also have loan experts with whom borrowers can talk and take suggestions. The terms of loan regarding the repayment capacity, sanction period, documents, late fees are some of the factors which are involved in ‘no guarantor loans for bad credit’.

Loanize 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

Review of Ikano Bank

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Money Guru

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Satsuma

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews acquired from trustpilot.com for authenticity.