Loans without a Guarantor

It can be a long-drawn-out process looking for loans without a guarantor. A lot of companies will offer you a loan on the spot, you then get excited because you have finally landed the loan you have been looking for, then right at the end of your acceptance read the section ‘congratulations, all you need now is a guarantor’. Well, that is where we do things differently!

Get a Loan without a Guarantor

A guarantor is a person that you know, either a family member or friend that will keep up the payments if you can not.  They are also used as a source to verify our identity to prevent identity fraud. Guarantors often have good credit histories and in man cases but not all, are also homeowners.

Loans without a Guarantor and Credit Check

Apply online with BingoLoans is a simple process. At BingoLoans, we specialise in loans without a guarantor specifically. Giving you the responsibility to access your affordability, take out your desired loan amount and pay it back on time.

Loans with a guarantor are targeted at people with poor credit. They work exactly the same as a payday loan with, easy applications, no phone calls, all online processes and fast transfer of funds. They also charge the usual high APR, which is common for the industry as a whole. Unfortunately, it is very rare that you’ll find a loan without a credit check, as most loan providers check your credit score and affordability before approval of loans.

Loans without a Guarantor needed

If you require a loan without a guarantor, there a few important things to consider before you take out a loan, especially without a guarantor. Here are some ideas:

  • Are you able to pay back the loan you’re about to borrow? – Weigh this up as it could leave you in a much worse situation
  • Do you really need the loan? – Is there anyone that you know that can help you rather than signing for the loan or alternative way of accessing the funds?
  • Are you happy with the terms laid out in the agreement by the lender? – Are you 100% clear of the costs of the loan?

Make sure you think these things through before applying. Before applying for a loan, make sure to do your research on all other loans that we offer. As we want you to find a loan that is best suited for your financial circumstances.

How to Get a Loan without a Guarantor

Because we are direct lender and we do not charge any fees for our loans. As a direct lender, we will give you your loan amount straight to your bank account, with no time wasted. We are with you every step of the way on from your online application to receipt of funds.

You can get a loan by filling in our online application with the relevant and required information that we ask for. Once clicking submit, we deal with every from then on. From credit and affordability checks, we are the provider you will be dealing with throughout your loan journey.

Loans without needing a Guarantor

Getting a loan without needing a guarantor isn’t always the best thing. Having a guarantor could help you out if you are in a situation where you are unable to make a payment on time. Instead of it affecting your credit score negatively, they could assist and support you when you need it most.

Apply Now!