You and your guarantor must comply with all of the lender’s terms and conditions before getting the loan.
If you have been searching for a new loan on line looking on the internet and you do not have perfect credit, you will find that this interest rate is very competitive.
Bad credit Guarantor loans with lower interest rates
Just look at the interest rates charged for Payday type loans and you will see that their rates are normally well over 1000%.
So, why not find out more about the world of guarantor loans instead of any other type of loan?
They provide loans from £500 to £10,000 and you can spread the loan repayments up to 5 years.
Better still, there are no penalties if you decide to pay back the loan sooner, in fact you actually will save interest if you do.
I suppose the only hurdle to jump might be that you have to supply a guarantor to guarantee your loan, but most people would use either a relative or a good friend.
Some guarantor loan lenders will insist on you having a homeowner as a guarantor when you start applying for the maximum loan amount of £10,000, but we advertise lenders that do not require a home owner as guarantor for your loan.
If you pay back the loan completely, your guarantor need never be contacted and your guarantor doesn’t even have to be a home owner to be accepted.
Got imperfect credit and can’t get a loan anywhere else?
Guarantor loans are ideal for this situation as approval is not based on your credit history, but on the good credit history of your guarantor.
It is essential that your guarantor does have a good credit score, even if yours is not great.
Is there anything in this world that is guaranteed other than death and taxes, as once stated by Daniel Defoe?
You can get Bad Credit Guarantor Loans, providing you have a suitable guarantor that is approved and you comply with all the lender’s terms and conditions.
Simple! This is easy to do by following the online detailed instructions.
Make sure you check the terms and conditions of any loan offer you receive in detail.
Double Check the Guarantor Loan’s Details
You are going to have to live with the monthly repayments for a while if you accept the loan offer, so you need to make sure you are happy with every detail, especially the monthly repayment amount.
Make sure you go for a fixed rate loan offer that will keep the interest rate the same throughout the repayment term of the loan.
Take your time to study everything you are sent and only when you are completely happy, then accept the new loan offer.
Feel free to ask the lender any questions you wish before hand.
Also, after accepting the loan, you can still communicate with your lender if you have any queries whatsoever.
All lenders advertised are regulated, registered and approved, so you can apply using this website with confidence.
Apply For Your New Guarantor Loan
If you complete the application form accurately and in full and then click on the submit button at the bottom of the form, the loan matching system will start working to try to get you accepted with one of the lenders.
It will only take a maximum wait of 2 minutes to get an online loan decision and if you are approved, you will get full details of the loan terms and conditions before you accept them.