Warning: Loan Store restricts the process of extra fees and upfront fees against the loan.
Irrespective of your purpose we provide loans that are affordable.
The requirement of money is a recurring incident, and you feel the need for financial assistance. Your savings play that role most of the times, but sometimes you are out of funds and taking a loan becomes the last resort. In such circumstances, no guarantor loanscan prove their significance by offering a required sum of money. Any sort of small need can be easily tackled with these loans because this is what they are designed for. LoanStore offers loans without a guarantor through the simple application process that completes in a few minutes
Borrow from £1000 to £50,000
The loans with no guarantor are short-term borrowing options with a small loan amount limit for the little financial needs. Some basic traits of these loans can explain to you better how they work.
The loans are available online through a simple three-step process.
Get approval decision
The approval decisions come immediately, due to which these are called fast loans with no guarantor
After approval, we transfer money online, and the instalments start according to the decided repayment schedule
The instalments go through auto-debit because we want to make sure the timely attainment of repayments
The no guarantor loans in the UKhave more or less the same features. No matter where in the UK you apply, the generic features are always the same. The only difference occurs on that part of lending terms and conditions.
3 months to 36 months
Higher approval rate – As we mentioned, the loans without the guarantor obligations are designed for little, instant financial needs. They get approved easily. LoanStore has a higher approval rate of 99% in the market. Even during the pandemic and lockdown conditions, 98% of the applicants get approval.
Instant approval decision – The no guarantor loans on instant decision are quite popular because people do not need to wait to know their approval decision. After the submission of the application, the result comes in a maximum of 5 to 10 minutes. This givesthe confidence to the borrower to say ‘NO’ to uncertainty.
No affected by credit score status – We approve funds on the latest repaying capacity of the borrower and not on credit score status. If you have a poor rating, you can apply to us. In fact, we facilitate a soft check that leaves no footprint. To get these loans, you can apply to us through the bad credit loans with no guarantor and no credit check.
Customisation to offer inexpensive deals - No one wants to get an expensive loan for a temporary need of money. We ensure affordable deals with the help of personalised pricing. It helps the borrowers obtain funds at a lower rate of interest, and the instalments are very small.
No upfront or hidden fee – It is not fair to charge an upfront fee from the borrowers as decides by the regulatory authorities, and we follow the same. If you are looking for loans with no guarantor and no fees by the direct lender, we are the correct address. This facility is available for people with low credit score too.
Experience the above features in reality while you borrow money from us. That is the only way to make informed judgements because that gives better chances to understand a financial product better.
Not much, actually, only a few financial details are required to check your financial calibre against a loan amount. With the basic formalities, you can get through the process.
Income proof of last 6 months. The income should be consistent
Bank statement of last 6 months in which you receive income
Registration in the electoral roll with the latest address
Income continuity proof if you are on furloughed income
This doubt is common in most of our unemployed customers. But we have good news to offer: YES, you can apply for the loans despite no job. You need to follow certain conditions, and then the attainment of funds is not impossible.
We already mentioned that the current repaying capacity of the fund seeker is the most important concern for us.
You need to present any sort of income source, but that should be regular. Inconsistent income cannot prove creditworthiness.
We even offer loans for unemployed with bad credit and no guarantor on benefitsif you can pay back instalments on time.
To be precise and honest, the possibilities for any applicant primarily depend on his or her personal financial conditions. The condition of the strong repaying capacity is still the same, no matter whatever if your financial or employment background.
You Can Use A No Guarantor Loan For
Do you really think you can pay back our instalments at the decided time? If yes, then you can apply to us through the very bad credit loans with no guarantor and no broker required qualifying for funds. However, the borrower can also bring a guarantor if he feels to compensate for his financial weakness on the part of creditworthiness.
Proof of income may get you approval on very bad credit or CCJ loans with no guarantor. The last decision will always be on the individual circumstances of the applicant. To suggest you something, if you are working well on the debt settlement plans, the chances of approval are higher. We will need the legal proof while having a look at the legal settlement documents or proof.
At LoanStore, the late payment penalty is flexible, and unlike the stubborn lenders who are always desperate to apply penalties, we give time. There is no late payment penalty up to three late instalments. We understand how tough things have become after the pandemic conditions, and for that, a bit of flexibility should be given to the borrowers.
We try to be the best choice for our borrowers, and for that, we keep enhancing our lending policies with the features. The evident aim is to create a friendly atmosphere for fund seekers. Have a look because your discretion is important.
Best competitive rates in the market
Change repayment schedule anytime
Simple and transparent procedure
Personalised pricing on all deals
Uncompromised customer assistance
Personal relationship manager