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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Idea about loans for bad credit no guarantor no fees direct lender

What is actually meant by loans for bad credit no guarantor no fees direct lender?  It means that the borrowers are offered a loan direct from the lenders with high credit risk. But there is no necessity of a guarantor and fees even if they had not paid their past loan obligation and unable to produce the old credits documents to get an approval for a new loan. It is very easy to get in touch with the lender as they appoint many agents who work on commission basis.

High interest is imposed on bad credit

When persons’ credit score is low, then lenders has less interest to give them loan or credit. As lenders think that they may be defaulter again for paying the interest. So giving them loan may  be risky for the lenders, hence they imposed an high rate of interest to compensate the risk factor of  loans for bad credit no guarantor no fees direct lender.

Few types of bad credit loan

There are several option is available in the market for getting loans for bad credit no guarantor no fees direct lender. Customers are attracted by this kind of proposals of the lenders naturally. Though it is difficult to get an easy loan for the customers, having bad credit, still they should more causes about having this kind of loan.  Here are few tips for them, they may avoid these kind of bad credit loan offered directly from the lenders.

·      Bad credit loan for automobile

Often people have to pay a huge interest amount within a short period for having a bad credit loan for a car or something like that. Because lenders do not have much interest for funding a person having a bad credit score. Especially, when a person buys an old vehicle. The reason behind this is the fast going depreciation value of the car and due to that it is difficult to get a new lender for refinancing.

·      Pay day loan

This kind of loan is offered by the lender to the customers who have a bad credit loan history.  Here lender offers a small amount of loan with high interest for a very short span of time like within two weeks. It is an illegal process of having loan and there is no fixed rule for having this kind of loan. Rules vary from place to place and lender to lender.

·      Auto tittle loan

Auto tittle loan is offered online by the lenders to the customers having bad credit loan history. In this case customers are offered a huge amount of loan, but condition is if they unable to pay the amount with interest on time they have to give up their car to the lenders.

·      Mobile home loans

This kind of loan is offered by the lender in a high rate of interest for a long period. But as it is a mobile home, the terms and conditions are just like a car loan so there is no chance of getting refinance as like a car its depreciation value too going very fast.

·      Quick personal loans

Kind of personal loan where lenders offer a lum sum amount of money on the other hand customer has to pay credit check quickly.

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.