While your credit report and score are important, it is possible to get a loan with bad credit and no guarantor. While your likelihood of getting lots of offers from different lenders is low, it’s still possible to find a good deal by using NowLoan.
More and more lenders are realizing that everybody has a financial history but providing you have enough income to make repayments on a loan, you are going to be considered.
If you have been wondering can I get a loan with bad credit and no guarantor? The answer is yes because many lenders use your incomings/outgoings as more trusty criteria than your financial past. Standard banks will be unlikely to accept you with bad credit and no guarantor so you should take your search online to have more of a chance of being accepted.
Benefits of getting a loan online
There is no annoying paperwork, everything is done online without you even needing to leave the house. You can fully research the lender you are using and look for reviews from past customers too. When applying online, you will get an instant decision and if accepted, the funds will be in your account the very same day.
You do not have to talk to anyone about your reasons for the loan and you can use it for whatever you want, providing you can make your agreed payments online. Sometimes applying for a loan in person can feel quite embarrassing.
How to find the best lenders online with NowLoan
If you have made the decision to go for a loan to get some quick cash, it is best to go through the company NowLoan. While these are not actually lenders, they will match you up with the best ones depending on your needs.
The website is super easy to use and it starts with you entering some basic information about yourself and your loan requirements. A big advantage of NowLoan is that a “soft search” will be done first, meaning that it will not affect your credit score.
A proper search will not be conducted unless you apply with one of the companies which are recommended to you. The site will give you a list of lenders that are likely to accept you for credit and you simply go from there. The website is laid out very well and even if you have never applied for a loan online before, you should be able to use it without any difficulties.
Hopefully, this article has been informative and has helped to answer the question, can I get a loan with bad credit and no guarantor? The answer is definitely yes and providing you can make repayments, you just need to know where to look.
Everybody needs help in some areas of their life and this could be financial help for you at this moment in time. If you use NowLoan, you can find legit companies who can help you out with cash for whatever your reasons might be.