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
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.
Opting for Debt Consolidation Loans Bad Credit No Guarantor
There are many persons who are looking for simple ways to get their hands on some money. When it comes to getting a loan the best option in the market at the moment would be opting for Debt consolidation loans bad credit no guarantor which is gradually becoming popular. The main purpose of this will be to tackle your financial difficulties without being hassled by bank employees who refuse to offer you large sums of money without good credit records or guarantors. Are you desperately in need of a large sum of cash? Well, then this loan is your best chance.
What is it?
Debt consolidation loans help you bring down your debt to one stipulated monthly mode of payment. The rate of interest is also controlled from an exorbitant asking percentage to a sufficiently moderate amount.
The biggest advantage which most applicants are provided with is the chance to return the money over an extended span of time. This implies that despite the loan amount being a large sum, you are provided the chance to pay it back in installments over a period of time.
For those customers who are seriously considering the option of such Debt consolidation loans bad credit no guarantor be aware of the features. The basic features which can be identified are as follows:
The problem which most people face while they opt for normal loans is that no matter what the monthly payment is the reduction is usually from the interest amount, while the actual loan amount is unaffected. If you avail of debt consolidation loans not only can you often spread out your loan payment but also flexibility of the amount is offered.
Credit ratings are incredibly improved as a result of such loans. Provided that the customer is able to meet the deadlines and make the payments at the end of all the payments their ratings take a huge hike.
As a customer if the lending personnel notice a huge interest rate in your loans on credit card and other sources they usually charge a small interest on the debt consolidation loan you are applying for.
If you are applying for the Debt consolidation loans bad credit no guarantor then be sure to understand the several benefits it offers. The loan helps improve your failing credit record and can be beneficial to get loans in the future. Repayment options are very comfortable compared to other loans. Also, the premium that is offered by debt collectors is reasonable. There is also no obligatory quote which is required at the start of the loan process.
Free debt consolidation advice is offered by those offering this package to customers. There is also no need to pay a processing fee at the start of the application process for the loan. It is very rare to get loans with bad credit; moreover the lack of necessity for a guarantor makes the deal more appealing. Thus this form of Debt consolidation loans bad credit no guarantor is perfect for those who need quick cash with minimal strings attached.