How No Credit Check Loans work
Our No Credit Check Loans change the rules. No longer will you be refused an unsecured loan just because you fail to get the right credit score! We don't believe that your credit history should determine your credit future. So, how do we break the old rules?
Traditional unsecured lenders judge an applicant by their credit history and their personal circumstances. They refer to the applicant's credit file for the information they need, and they leave a footprint on the file. Each time a lender examines the applicant's file the person's credit rating is worsened. The information on the applicant's file is used by the lender to judge the risk of the applicant based on a computerised credit score.
With our No Credit Check Loans we get rid of the need to check credit files and conduct credit scores by mobilising the force of your social network - if you can get someone you know well (e.g. parent, other family member, close personal friend or co-worker, etc) to support your application then it's almost certain you can get an unsecured loan. This person is called your guarantor. They are only likely to help you if they know you well and if they trust you to repay your loan as required. If they trust you then so do we - hence, no need for credit checking & scoring.
In summary our No Credit Check Loans change the rules and put you in control.
Detailed questions? Please see our FAQ page or go to our Blog for answers to real life questions
Who can apply for a No Credit Check Loan?
Anyone can apply for a no credit check loan - you just need to provide a guarantor. We can take loan applications from people who would be turned down by traditional lenders - e.g. self employed, people on benefits, private or council tenants, and anyone with CCJs, defaults or other credit problems. We're able to say "Yes" where other lenders are not.
View our General Lending Criteria
What is the Application Process?
Complete the simple, secure and fast online form. Your enquiry will be assessed and you may receive one or more loan offers, so you may be in the position to compare offers before you select the right one for you. Documentation will either be emailed to you or posted to you by first class mail. You and your guarantor will have sections to complete, but the process has been kept as simple as possible.
Once you return the documents you will be assigned a dedicated case worker whose job it is to ensure things happen as fast as possible and to answer any further questions you may have. The money you request will have been put aside for you ready to be paid out. Generally you can expect your loan to be paid out within 48 hours.
Apply Now for a No Credit Check Loan
Improve Your Credit Rating with a No Credit Check Loan!
As well as getting the loan you need now the act of repaying it on time will actually help to rebuild your credit history and credit status so that in the future you will be able to borrow on even better terms.
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