No guarantor loans – a look at loans without guarantor
No guarantor loans are available to those with good credit and bad. How they differentiate is normally in the interest rate and terms of the loan. If you have excellent credit then you are almost certainly going to get a more favourable rate than someone with bad credit. With that said, the options are available to all and anyone that meets basic eligibility criteria can apply for a no guarantor loan.
Direct lenders and lenders alike will always consider loans without guarantors as long as they believe that your finances are good enough and you have the ability to make the repayments without financial difficulty. They are more interested with your current financial situation than the past and just want to be sure you can cope with additional debt before making a decision on finance for you.