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Guarantor Loans

Guarantor Loans

Guarantor Loans are available to you regardless of your situation. Guarantor Loans have no credit check so your bad credit is NOT a problem and you can borrow up to £3000. The following people who are turned down by banks and high street lenders are able to take a Guarantor Loan:

  • Non Homeowner
  • Tenant
  • Bad Credit
  • Unemployed
  • On benefits
  • Have CCJs

No Upfront Fees

There will be No Upfront Fee when you apply. We pride ourselves on making guarantor loans available to you without credit checks or fees. Unlike other brokers we do not seek to take advantage of your position whether you have bad credit, a poor credit history, or be a person on benefits or unemployed. We are here to help you get a Guarantor Loan with no fees.

What are Guarantor Loans?

In the UK guarantor loans are a type of unsecured loan that is available to anyone who can bring a second person in to act as security against the loan. This means your situation is not important but your guarantor as they are known must have a good credit rating, and be a homeowner. If you do not pay the loan back it falls to your guarantor to make the loan repayments. While the guarantor loan is an unsecured loan your guarantor is effectively the security. For this reason it is highly important they understand their responsibilities in the loan agreement.

Guarantor Definition

The definition is quite simple. The guarantor is someone who becomes responsible for an outcome. In the context of a guarantor loan the guarantor is becomes responsible for the loan if the borrow fails to make the repayments. The borrower is simply the person who takes out the loan and makes repayments, the guarantor pays the loan back if the borrower fails to do so.

Apply for a Guarantor Loan Right Now

All you need to do to apply for a guarantor loan is either click on the banner or use the link at the top of the menu. Click here for the fast track loan application which means you can get your loan in under 24 hours.

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