Are you looking for a loan online but don’t have any guarantor to support your application? Do you want to take a hassle-free guaranteed loan from a direct lender in the UK? Welcome to London Loan Bank, a single destination for getting all kinds of loans online in the UK. Be it a personal loan, or a student loan, or a small loan; you need to fill a simple form online and the guaranteed loan approval will be done quickly by our team of experienced credit professionals.
Here the term guaranteed means 'guaranteed approval'. We do not require any guarantor to approve your loan application even if your credit history is less-than-perfect. A guarantor loan requires you to arrange a guarantor with a good credit rating who will repay the whole of the debt if you become unable to pay off your debt. We understand that arranging a guarantor with a good credit score is extremely difficult as hardly anyone will take on the repayment risk when they know that the default you make will ruin their credit standing. This is why we have introduced flexibility in our lending policy. Now we provide guaranteed loans with no guarantor.
We don’t believe in troubling our customers by doing painstaking paperwork. Everything is done online in a transparent manner.As far as an eligibility criterion is concerned, borrowers must have these qualifications:
Lending terms are most of the time strict for the people with bad credit scores. As a consequence, many people deprive from taking the loans and they have to continue with their financial struggle. On the other hand, we have changed the scenario and adopted much needed flexible lending policies. Our lending doors are always open for the people with low credit scores.
Getting no guarantor loans are easy to avail even if your credit rating is disappointing. We follow no credit check policy while approving the applications for the very bad credit loans on guaranteed approval. No credit check policy means we do not make hard inquiries that show up on your credit report and damage your score. Instead, we make soft inquiries that do not leave hard footprints in your report. As a responsible lender, we are supposed to determine whether you will be able to pay back the debt on time or not. The purpose of soft inquiries is the same as hard inquiries; the only difference is it does not pull your credit score. We will also take into account your financial situation. Note that you may get approved for lower amount than you quoted. It all depends on your reimbursement capacity.With guaranteed loans with flexible repayment terms, you have a nice chance to improve your credit scores by repaying the funds on the given schedule. It will also open up many opportunities to seek the financial assistance during such sort of difficult time down the road.
We have an unmatched record of accepting loan requests from all types of credit history people. If you live in the UK and have a bad credit score, you do not have to worry at all. Our lending doors are open for you! We will happily offer you a guaranteed payday loan at the best lending rate. There are no hidden charges. We have a flat APR rate for all types of credit history people.
Our guaranteed payday loans include both standard payday loans and instalment payday loans. The former requires you to borrow a small amount of money to finance your small expenses. The term of these loans is usually two weeks and you will have to pay the whole of the debt in lump sum. If you need a big amount, you can apply for instalment payday loans. These funding sources allow you to pay back in equal monthly instalments. The term of these loans may vary from three months to 12-month loan depending on your credit needs and repayment capacity.
We work on the ethic that our prospective borrowers should not face any loan approval problem. Our team of the best credit professionals quickly checks your online application and approves it without going through the credit check. We believe in offering the easiest guaranteed no credit check loan to our prospective borrowers.
Our lending company has been serving people of the UK for a long time. We are not credit brokers. We are one of the top direct lenders and you can trust us for our guaranteed loans with no guarantor service. Here is what makes us standout among other direct lenders:
This is very simple now. You just have to login at the website of the lender and start applying by filling online application form. Fill the form with your few personal details and then submit it. You don’t need any guarantor and the lender will not go through your credit history. It means getting the loan with bad credit and no guarantor can be done in a single day.
Anyone of your acquaintance can act as a guarantor to your loan, but they must have a good credit score. A guarantor helps you borrow money at affordable interest rates despite poor credit. This reduces the risk of lending and therefore a lender will not hesitate you to lend money at competitive interest deals. In case you default, the lender will ask the guarantor to pay off the due amount. If you apply for a guarantor loan, make sure that you pay off the debt on time. Otherwise, your guarantor’s credit score will also go down along with yours.
Yes, there are guaranteed loans available from the source of direct lenders. The borrowing term allows the bad credit score holders to get an access for the instant disbursal. To make their application process work in a healthy way, the lenders perform no credit score check feature for the same and accept the income status as the criterion to approve the loan applications. It can be assumed that to make the best use of it, if a borrower can repay the amount on time, then he or she can redeem the good credit score again. Therefore, the online assistance also provide you a simple application procedure so that it helps to save the time of the borrowers and can make the most from the given policy.
Yes, you can get a payday loan with bad credit under the shelter of direct lender’s unsecured credit term. You just have to keep a good source of income because the small amount borrowings can take hike in the interest rates. The direct lender facilitates no credit check feature, which helps you to escape from the adverse effects of credit footprint on your financial records. This way you can get the desired amount, which can prevent your financial crisis with an instant disbursal.
Yes, you can avail funds despite bad credit without guarantor. Search for the lender who provides these benefits so that it becomes easy to get the instant decision online. Another factor that you can count is that the lenders also provide easy repayment mode so that you can select the date and time to return the amount as per the convenience.
Yes, you can apply for guaranteed payday loans with the help of your smart phone. You just have to keep a good internet connection and by filling an online application form, you can receive the small amount in to your account. It is the service which is applicable to serve the urgent need which you can apply anytime by sitting at any corner of your place. Not only that, it stores easy repayment by selecting the date and time as per the convenience of the situation. Therefore, make sure that you keep your essentials ready because the process takes only 15 to 20 minutes of disbursal.
Yes, they do exist. When the word ‘guaranteed’ pairs with payday loans, it denotes the assurance of approval. However, the condition to prove repayment capacity stays as the vital factor. When the borrower stands strong on this aspect, nothing is left and approval comes smoothly. That is why the term – ‘guaranteed payday loans’. These can be attained despite bad credit score on customised rates. The prime aim of customisation is to help the borrower pay the instalments on time. This improves credit score status and the person succeed to break the vicious circle of poor credit situation.
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You could borrow £3,000 over 24 months with 24 monthly repayments of £156.47. Total amount repayable will be £5,632.94. Representative 46.8% APR, Annual interest rate (fixed) 46.8%.Terms and conditions apply. Subject to change without notice. UK residents aged 18 to 79 years.