Loans are unavoidable as they give assistance to many of your financial problems. However, with loans, many obvious procedures come in which credit score check is one of the most important things to happen on initial stages. This tells about your credit score performance and also if you can qualify for the loan or not.
Unfortunately, not every applicant is able to bear the credit check process; specifically the bad credit scorer and a person with no credit history. Reason? Credit check, leaves a search footprint on the credit records, which may have information regarding any missed payments or matters related to County Court Judgement (CCJ) or Individual Voluntary Agreements (IVA). Such issues may force the lenders deny the application. To prevent this fear of denial and rejection, the no credit check payday loans came into picture. These are like the instant short-term loans for last minute needs.
British Lenders offers Instant loans with no credit check process through affordable and customised deals that are never heavy on your pockets. We give no obligation loan quote and flexible repayment plans.
Besides the reason of avoiding search footprint, some other reasons can make you feel the need for these loans.
Everything is available for everyone here. Irrespective of credit rating, we are prepared to offer loans on individual circumstances and with no hassle at all. See the below table, choose your category and know on which source you can apply for loans.
|Credit Score Status||Guarantor||Collateral||Income||Interest Rates||Loan Amount Limit (up to)|
|Good (881 – 960)||No||No||Yes||Low||£25000|
|Fair (721 – 880)||No||No||Yes||Affordable||£15000|
|Bad (561 – 720)||Yes/No||No||Yes||Competitive*||£10000|
|Very Bad (0 – 560)||Yes/No||No||Yes||High*||£5000-£10000|
*Competitive: Generally, interest rates are higher for the people with bad credit score. However, we are ready to provide you with the competitive rates of interest depending upon your income status while providing loans with no credit check.
*High: People with very poor credit score have to avail loans on the higher interest rates but these are decided only after having a discussion with them.
We are the modern age direct lender and very much understand the concerns of the people with bad credit or very bad credit score. Unlike banks or traditional lenders, we are much flexible in assigning amount to these individuals. As long as they convince us with their repayment capacity, we do not mind to offer them said amount.
With every loan, some conditions apply and to get the pleasant message of approval, you need to qualify on those conditions.
For this loan, YOU:
Nothing different, just as other loans demand, these loans ask for these basic things.
The process of application is not complicated and completes in only three simple steps. Want to know?
Yes, you can get funds without guarantor despite bad credit but with certain conditions apply. If you can fulfil those conditions, the pleasant message of approval can come easily.