Multi Month Loans offers no guarantor loans to the average UK citizen. Yes, that means that you can get quick loans, no guarantor needed. And you can get the entire process completed and money paid into your bank account in as little as just 24 hours. Sound too good to be true? It’s not! Apply for quick loans with Multi Month Loans and find out for yourself just how quick and hassle-free it all really is.
What Are No Guarantor Loans?
No guarantor loans are loans that are granted to applicants who don’t have a co-signatory, otherwise known as a ‘guarantor’. This means that the applicant is wholly responsible for the loan repayment. Often this means that the applicant is at more risk of not paying the loan back, especially if there is a prior history of poor credit management. Why do applicants apply for guarantor loans?
Having a guarantor or co-signatory can provide you with the following benefits:
- Lower interest rate if the guarantor has a better credit score than you.
- Loan approval even if you don’t earn the required minimum income.
- Access to loans even if you have a bad credit score and a poor relationship with credit.
Requirements for Fast Loans No Guarantor
When you apply for loans without a guarantor, direct lenders will consider your application based on a few factors. These include:
- Your UK citizen status. Multi Month Loans is a UK company, servicing UK citizens only.
- Your monthly earnings/income. You must be able to afford the requested loan. You must earn at least £700 per month and you must also have an active UK bank account.
- Your credit score (this is not the sole deciding factor). This will influence your interest rate more than it will influence the final approval decision.
- How you currently handle credit. If your current financial management is poor, this could negatively impact on your application.
No Guarantor Loans Guide | Quick Loans No Guarantor
There are a number of things that you need to know about no guarantor loans. With quick loans, no guarantor, you can expect to receive a loan at a slightly higher interest rate than high street lenders will offer you. If you have a poor credit record or have been turned away by the local high street bank, a no guarantor loan may be the best option for you.
What you need to know about our quick loans no guarantor:
- With our no guarantor loans instant approval is provided within just 15 minutes.
- Cash will be paid into your bank account within 24 hours.
- You can loan between £100 and £5,000.
- Loans can be paid back between 1 to 24 months.
- We don’t charge for loan applications. Loan offers come from direct lenders.
- We do a soft credit check against your name, protecting your credit record.
- No paperwork is required which saves a great deal of time and frustration. The entire application, including signing the loan agreement, can be done online.
- Your personal information is treated as private and confidential and will never end up in the hands of third parties.
Get Bad Credit Loans – No Guarantor – No Credit Check
Got a bad credit record? You can still apply for quick loans no guarantor and get approval within just 15-minutes. While we do carry out a credit check for each and every application, your credit score will not be the only deciding factor in your loan approval or denial. We also offer loans for bad credit, no guarantor on benefits. If you receive government benefits, you can still apply for quick loans with Multi Month Loans!
Even if you have bad credit, you can still apply for a no guarantor loan successfully if you earn the minimum monthly income amount of £700 and if you currently have a good relationship with credit. That means that you must be paying your accounts on time and aren’t applying for new credit and loans at every opportunity. Paying loans and accounts late can result in serious financial woes. The Money Advice Service UK provides helpful information and advice.
Benefits of Quick Loans No Guarantor at Multi Month Loans
What sets quick loans no guarantor at Multi Month Loans apart from the rest? With a quick turnaround time on loan application outcomes and payouts, we certainly stand out from the rest. At Multi Month Loans, we deal with direct lenders most likely to approve your loan application. Here is why you should apply for quick loans with Multi Month Loans today:
- We accept applicants from good and bad credit individuals.
- We allow flexible payment terms (choose up to 24 months to pay).
- Our interest rates are competitive in the quick loans industry.
- We impose no hidden fees and costs.
Apply for a quick loan with no guarantor required today. Multi Month Loans – making short term lending simple!