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
Great Customer Service
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Loan amount
1,000 - 10,000
Loan term
12 - 60 Months
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Guaranteed Loans with No Guarantor No Brokers

Key points

  • Many UK direct lenders do not need a guarantor to co-sign a loan agreement nowadays.
  • Previously thought to be high-risk lending there are now many options available for those with bad credit.
  • Typically the interest rates will be higher than with a guarantor present, which enables a high acceptance rate.

People with bad credit history are categorized as bad credit people. Bad credit history means borrower’s failure in repayment of money which he/she has borrowed. All the banks and financial institutions consider the credit ratings before granting loans. People with bad credit face difficulties because lender considers it as high risk to lend money to the people with bad credit ratings.

Bad credit loans have proved a hope in the life of bad credit people. There are many online institutions which provide loans to the people who are in urgent need of money. There are qualified advisors who advise on the loans to the borrowers and add hope and trust. The most amazing feature of these loans is borrower despite having poor credit score can get loans for bad credit no guarantor no fees no brokers. Few categories of loans for bad credit people are-

  • Guaranteed loan approval for people with bad credit score
  • Loans without guarantor
  • Instant loans with bad credit
  • Instant decision loans
  • Bad credit loans for unemployed

By sharing abilities and limitations borrowers can take advice from loan experts online. Apart from the benefits of loans for bad credit no guarantor no fees no brokers there are more benefits which borrowers can enjoy are-

  • 100% customized
  • No hidden clause
  • Quick process of loan
  • Flexible
  • No penalty for early repayment of debt

What is the procedure for an online loan?

Whether you are unemployed or having bad credit scores, if you need funds there is an online resource for granting loans without a guarantor. The advantages of online loan application are they take less time to process the loan. They don’t even check the credit ratings of the borrower. Online loan application procedures are easy, quick and simple. Advisors are always available to guide the borrower and solve their issues regarding the loan.

How does it work?

Online loan granting includes three simple steps-
  • STEP 1- apply for the loan online
  • STEP 2- sign the documents
  • STEP 3- receive the loan applied for

These lenders available online understand the need of the people. They have different plans for each borrower as per their needs and requirements. They also offer short term loans. There is an option which is called peer to peer lending. In this type of loans, people meet online, talk to each other and lender check the borrower’s requirement and decides to lend money to him or not. There are many online resources which offer loans for bad credit no guarantor no fees no brokers.

The interest rates for such loans which are provided to the people with bad credit ratings are higher as there is high risk involved. If you are thinking of taking a no guarantor loan you should be careful and consider the repayment period and other terms related to such loan as well before signing. It will be good to consider your income and budget. You should borrow that much which you can comfortably pay back. As this is a chance which can improve your credit rating.

Finding loans for people with poor credit not using brokers isn’t the easiest thing to do if you don’t have spotless credit if you have poor credit of any nature you are best off going through a broker and letting them send you to the whole market as long as there not charging you a fee. If you find a broker that doesn’t charge a fee (most wont) there form will pass you through all the lenders using the industry accepted lead processing method called a pingtree.

Bad credit doesn’t have to stop you getting the cash or finance you’re after anymore it’s all about making sure you can afford the monthly payments most direct lenders In the UK don’t pay much attention to the credit score factor especially if it’s a small amount borrowed for only 1-3 months they tend to use the common-sense factor if you can afford it there happy to lend it. We always suggest you are open and honest in this form as lying can put you in more financial hardship.

A lot of people come to this sites looking for loans with no fees let me try and clear this up this site doesn’t not charge any fees to use its service at all it simply will take your details and using out software pass it to the lenders that are more likely to accept you, once you are accepted the lender will flash up in front of you to decide if you are happy with the loan and take it out.

Loans For Bad Credit FAQs

Will I qualify for very bad credit loans with no guarantor and no broker?

We understand that people with very bad credit may not always have someone available to them that will be willing to act as a guarantor or broker when they need to borrow money in a hurry. As a result, our network of UK direct lenders consists of no guarantor loan providers that you can repay on a fixed monthly or weekly schedule.

Can I repay my loan early?

You most certainly can! The best news is that no penalty fees will apply when you repay very bad credit loans with no guarantor or no broker before the initial agreed upon date. Doing this could help you save on interest charges in some cases.

What happens if I am late with a repayment instalment?

Unfortunately, you will have to pay additional interest on any repayments when they are made later than the originally agreed upon date. This is why we strongly recommend that you make all required payments on or before the due dates each week or month.

How much interest will be charged on my loan?

The amount of interest charged will vary according to your personal financial situation. However, all forms of interest and any other fees (if applicable) will be fully disclosed at the time you apply for your loan. Also keep in mind that your loan may attract higher interest rates than those offered by traditional banks.

How much can I borrow at a time?

You can apply to borrow amounts of as little as £50 or as much as £25,000. However, it is crucial to ensure that you will be able to repay everything in full on or before the due date so it’s advisable not to over-borrow.

Do I have to pay to apply for a loan through Loanize.co.uk?

No. We don’t charge for our services, we connect you with UK lenders absolutely free of charge. All you will repay is the cost of your loan and the interest that is being charged on it.

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.