No guarantor loans mean that you do not require a guarantor to be eligible for a loan. Customers can apply to borrow £500 to £5,000 with no guarantor required, meaning that your loan is processed directly with the lender of choice and there are no other parties involved. Simple click on ‘get a loan’ and complete our loan application in less than 5 minutes, and you will receive an instant decision and a loan offer where you can proceed. If successful, you can typically receive funds to your bank account within 24 hours or less.
Whilst the criteria may vary between lenders, the eligibility factors include:
To increase your chances of getting a no guarantor loan, you will need to have a good credit score. A no guarantor loan is a kind of unsecured loan, which means that the lender can rely on your creditworthiness without needing something to secure your loan against, like a home, a car, or a guarantor. Your credit score does not have to be perfect in order to get a no guarantor loan from Proper Finance, but the better your credit score, the easier it will be to get your loan, guarantor-free.