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.
Access the loans with no guarantee and meet your financial needs
There is no need to worry if your loan application is rejected by your bank or there is no one to lend you some money in the hours of need when the financial emergency is surmounting on you. The main reason why bank must have rejected your loan application can be your bad credit. If you have failed at one time in maintaining the good credits with the bank then there are chances that you may have to face rejection by the bank next time when you go for the loan clearance.
In such event, you need to get the services of the companies or the lenders that offer loans with no guarantor needed. The borrower can avail the services of such lender or lending company that does not require any guarantor. Generally, these are the online companies which provide quick lending services to the borrowers to meet their need of money.
No need for the formalities
Unsecured loan providers do not ask for many details about the borrower other than some important details like name, address, contact number and the beneficiary account number. It helps in saving time for the documentation formalities to access the loan. Also, there is no need to stand in the long queue as the lender is online. Hence, you can apply for the unsecured loans at any time of the day.
Quick access loans without guarantor
Online loans with no guarantor needed are also termed as the unsecured loans and these are getting the popular option among the people across the world. It saves their time in search of the guarantor and makes the borrower responsible for the repayment of the loans. When applicants apply for the unsecured loan online, within few minutes or few hours, the loan is approved by the lender. Hence, you get the loan amount in your bank account without any delay. So if you are in need of urgent money, it is the good option to meet your quick need of the money.
Loan repayment flexibility
Unlike the loans from the banks or other financial institution, there is no need to be bounded with the repayment terms of the loan. Borrowers get the flexibility of loan repayment which helps you to create your own monthly payment option to have convenience in loan repayment.
Keep your assets safe
There is always a risk of the loss of assets in case of failure to repay your loan on time to the bank or financial institution. But, on getting the loan from the unsecured loan providers or lenders, your assets are completely safe and there is no risk to it. Even if you fail to make your EMI in a particular month, you can choose to repay the double in the next month. You just have to make the request to the lender to allow you to skip EMI payment in a particular month.
Although loans with no guarantor needed are easy to obtain and easy to repay, there is a higher interest rate as compared to the loans by banks. Hence, it is important to check out the interest rate before making the loan application and does not ever forget that you have to pay higher interest in addition to the sum which you have borrowed.