No Guarantor Loans
Looking for no guarantor loans? Have bad credit? At Lending Stream, we provide loans with no guarantor and even consider people with bad credit. Apply now for an instant decision and get the funds you need on approval without having a guarantor.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Representative 1333% APR
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Very easy to apply
Very easy to apply, couldn’t have been more simpler to be honest and the money was in my account in less than a minute 10/10
Leona, 18 November 2023
Poor credit rating no problem
Quick and easy to apply
Kim, 25 November 2023
Why choose Lending Stream for no guarantor loans?
Fast
Cash sent to your bank in under 90 seconds, once approved.
Convenient
24/7 simple & online application. Instant decision. Direct lender since 2008.
Affordable
Repay in 6 monthly repayments. Pay early with no extra fees and save on interest.
Representative 1333% APR
What are no guarantor loans?
No guarantor loans are a type of loan that doesn’t require a guarantor or co-signer to secure the loan. This means that you can apply for a loan without needing someone else to vouch for you.
These loans are typically unsecured, meaning they don’t require any collateral such as a car or home to back up the loan. With no guarantor loans, lenders will check the borrower’s creditworthiness based on their own ability to pay back the debt.
At Lending Stream, we understand that unexpected expenses can arise anytime, and that not everyone has a guarantor or a good credit score. That’s why we offer no guarantor loans, and we even consider those with bad credit.
How do no guarantor loans work?
No guarantor loans work just like other traditional loans. However, the only difference is that you don’t have to get a co-signer or guarantor to secure the loan. Instead, the lender assesses your creditworthiness based on your credit report, credit score, income, and other factors to determine your eligibility for the loan.
You can apply for a no guarantor loan with Lending Stream by filling in our online application form and giving us basic information about you like your employment status, your income, and expenses.
If your loan application is approved, we’ll transfer the funds to your bank within 90 seconds. You can then use the funds for expenses like car repair, boiler repair, or covering unexpected expenses.
Can I get a no guarantor loan with bad credit?
If you have bad credit, you may be wondering if you can still get a no guarantor loan. The answer is it depends on the lender. Every lender has their own criteria for approving loans, including credit score requirements.
At Lending Stream, we understand that bad credit doesn’t always mean that you won’t be able to repay the loan. That’s why we look at other factors too and not just at your credit score when considering your application.
So, if you have bad credit and need a loan, don’t give up hope. Apply with Lending Stream and see if we can help you get the money you need.
Representative 1333% APR
What are the different types of no guarantor loans?
If you’re looking for a no guarantor loan, there are different types available to cater for your needs. Here are some of the most common types of no guarantor loans:
1. Payday loans: These are short-term loans that are usually due on your next payday. They’re typically used for small amounts, for example £100 to £1,000, and are meant to be used for emergency expenses.
2. Personal loans: These are long-term loans that can be used for a variety of purposes, such as home improvements or debt consolidation. They are usually used for large amounts, for example £1,000 to £25,000, and typically have longer repayment terms.
3. Bad credit loans: These loans are designed for people who have a poor credit history or low credit score. They can be unsecured or secured against collateral, such as a car or property.
Bad credit loans may have higher interest rates than other types of loans, and lenders may require a guarantor or co-signer. However, some lenders, like Lending Stream, consider offering no guarantor loans for people with bad credit.
4. Unsecured loans: These loans do not require any collateral, such as property or a car, to secure the loan. Instead, the lender will assess your creditworthiness and ability to repay the loan based on your credit score, income, and other financial factors.
Unsecured loans can be a good option for people who don’t want to risk losing their assets or who don’t have any guarantor to co-sign the loan but the interest rate on these loans is very high.
5. Instalment loans: These are the loans which are repaid in regular instalments over a period of time, such as 6 months or a year. They can be used for small or large amounts, depending on the lender.
How to check if I am eligible for a no guarantor loan?
If you’re interested in applying for a no guarantor loan, you check your eligibility first. The eligibility criteria can vary from lender to lender, but typically it includes factors like age, income, employment status, and credit history.
Some lenders may also have specific requirements, such as a minimum credit score or a certain level of income. To check your eligibility for a no guarantor loan, you can usually start by filling out an online application form.
If you are looking to check if you will be eligible to apply for a no guarantor loan with Lending Stream, then you must:
During the application process, you will need to show that you have a regular income and can afford the loan repayments. This will be verified in some cases, but this will be done discreetly.
Representative 1333% APR
How to apply for no guarantor loans?
If you’re looking to apply for a no guarantor loan and have bad credit, then start by finding a direct lender who offers loans for bad credit with no guarantor. You can research and compare lenders online to find the one that suits your needs.
Once you’ve found a lender, check their eligibility criteria. If you meet the criteria, you can proceed with the loan application process.
It’s important to note that if you have very bad credit, finding a direct lender who offers loans for bad credit with no guarantor may be challenging. Also, due to high risk, the interest rates charged by these lenders might be high.
In such cases, you may have to consider other options such as secured loans or loans with a guarantor. However, Lending Stream is still here to help you.
If you are looking to apply for no guarantor loans with Lending Stream, then you can apply online with us. We keep our loan application process quick and easy. All you need to do is fill our online application form and give us the following information:
– Choose the amount which you want to borrow with us
– Fill all your personal details
– Provide us with your employment, salary, expenses, and banking details
Once we receive your application, we will run a credit and affordability check on your profile. If approved, we’ll send the cash to your bank within 90 seconds.
Representative 1333% APR
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
FAQs – no guarantor loans
Is a loan without a guarantor right for me?
If you don’t have anyone who can act as a guarantor, then non guarantor loans might be suitable for you. However, you should consider the interest rate, repayment terms and other fees before agreeing to the loan agreement.
Will I need to pay a fee if I have no guarantor?
This depends on the lender. Some lenders may charge an application fee or processing fee, while others may not. It is important to carefully read the terms and conditions of any loan offer before accepting it.
Can I get a no guarantor loan without a credit check?
It is highly unlikely to get a no guarantor loan without a credit check. All FCA authorised direct lenders are required to carry out a credit check to assess the borrower’s creditworthiness and ensure responsible lending.
Is it more expensive to get a loan without a guarantor?
No guarantor loans might have higher interest rates compared to loans that require a guarantor. However, the interest rate will also depend on your credit rating, loan amount and other factors.
Will I be approved for a loan without a guarantor even with bad credit?
Yes, it’s possible to get a loan without a guarantor even if you have poor credit rating. However, you might need to pay a higher interest rate and fees. It’s important to compare lenders and read the terms and conditions before applying.
We don't offer loans under 60 days. We offer 6 or 12 month loans. So, the minimum repayment period is 6 months and the maximum repayment period is 12 months. You can choose to repay early and save on interest without any penalty. Maximum APR 1721%.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Very good company
Very good company, it's easy to fill out the application, everything is written well and clearly and the money is quickly in your account. The company is worth recommending
Grzegorz Komajda, 24 November 2023
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