Bad Credit Loans No Guarantor

Bad Credit does not mean you have to get a Guarantor Loan

It's true that guarantor loans are an ideal solution if you have bad credit but there are loads of bad credit loans no guarantor. If you do have bad credit there are several things you can do to help find a loan with no guarantor requirement. First and foremost if you are finding the loan yourself it is going to take some dedication and time, alternatively you can use a well known UK loanfinder.

Say no to guarantor loans

Guarantor loans are pretty amazing if you cannot get a loan anywhere else but not everyone knows someone who qualifies to be a guarantor or indeed wants to involve a second person to be a guarantor. It's not always appropriate to ask someone if you can effectively put them at risk to the tune of £3000, even if you know they would love to help you. You may even find it's better to ask their advice and maybe they'll help you find a solution and join in finding a non guarantor loan with you.

How to find bad credit loans no guarantor requirement

Firstly, have a look at what you do own. Is there anything that you could use as security against the bad credit loan. While an unsecured loan is ideal it's possibly not going to be attainable if your credit rating is bad. If you have a job and the loan you need is short term it's worth maybe looking at payday loans but be careful, once you're roped into payday loans it's very easy to get stuck with them and they have exceptionally high rates of interest meaning they will cost you a lot more than a normal bad credit loan. If you have a car you can try a logbook loan, or if you own a house maybe re-mortgage, or use the house as security. But be very careful because quite often you are putting all or any of these things at risk when you take out loans.

No fee Brokers and no upfront fees please

When you're shopping around make sure you pay no broker fee and where possible look for no upfront fees because being charged for the right to apply for a loan is incredibly annoying especially when times are hard. So make sure you don't pay anyone any money upfront, no broker fee is best and some brokers will have no upfront fee at all.

Bad credit have no guarantor need help? Loanfinder!

If you are still struggling to find a loan Loanfinder UK are worth looking at. They have loads of bad credit loans that have no guarantor requirement and loads of loans especially for people on benefits, the unemployed, people with bad credit, and those with no credit history. They charge NO UPFRONT FEE which is amazing in this market so give Loanfinder a try right now for Free.