WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. RATES FROM 45.3% APR TO 1575% APR FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

Online loans £50 To £2000

The Best Loans In Then Market

How much?

Representative 277.5% APR Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed). The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.

Why Choose MoneyFall

Quick and Easy Process to the money you need. The most reliable lenders from across all the UK

Loan amount
1,500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Excellent
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

Show More ▼

Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

Show More ▼

Representative Example:
305.9% APR. £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)

Loans For Unemployed With Bad Credit No Guarantor

One of the reasons why a person receives a bad credit rating is because of unemployment. Unexpected expenses occur apart from the daily costs and since there is no stable source of income, the jobless individual may end up borrowing a loan. Borrowers who have no regular earnings often find repaying difficult, thus, resulting in late payments or defaults. At some point, no one is to blame for producing wrong decisions at first is natural, however, it’s important to learn a valuable lesson out of the bad experience. A bad credit score will create a negative impact especially when making a new line of credit; but even with a poor credit history, you can still have the loan you need.

It’s no secret how important credit scores are, specifically when applying for a loan. Those who have a bad credit remark are considered as high-risk, thus, they face consequences such as low loan amount and higher interest rate. However, although the credit history is essential, not every lender needs it. There are a lot of loan providers nowadays that are lenient, making their financial assistance available to those who need.

Loans for unemployed with bad credit no guarantor are widely offered especially online, and the market that they belong with is very competitive.  Those who have a bad credit remark may not get the lowest rates; however, there is a worthy range of deals that they can consider. What’s more is that there is no need to leave your own premise to find their competitive rates; you can simply go online to know who offers the best deal.

Hunting For The Cheapest Loan Without A Guarnator

When you have a bad credit score, having expensive rates is normal; however, you can still bring home the cheapest form of credit. Opting for secured loans for unemployed with bad credit no guarantor reduces the risk as the lender has something to hold on as a “guarantee” to secure the loan. Generally, it is available to homeowners who are willing to pledge their home or anyone who has a valuable item or property, such as a car, jewelry, or gadgets.

With secured loans, you can borrow not only a cheaper loan but bigger amount. The repayment terms are also flexible but amidst its advantages, it also comes with one threat. Lenders can rightfully repossess your property in the event of default. Nevertheless, there are borrowers who see it as an opportunity, rather than a threat, as it provides a new chance to prove them as a trustworthy borrower.

Unsecured Loans No Guarantor

Bad credit loans for unemployed are not only accessible by those who have properties, it is also available to those who have nothing to pledge in the form of unsecured loans. However, since the risk is not reduced, the borrower will face higher interest rates and lower loan amount. Meanwhile, the overall repayment will increase if they fail to settle on the loan’s maturity date; thus, as a borrower, you should carefully weigh your capabilities before applying for a loan. Finding out the exact amount you need and evaluating whether you can handle it or not will save you from a further financial crisis.

5 most recent personal loan reviews

Review of Bridge Finance

This is my second loan with Bridge Finance and both times they have been very helpful and informative. Explained everything to me and made sure I understood the process and what would happen. I would recommend Bridge to anyone.

Review posted by Charlotte Ashton

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Wesleyan Bank

Wesleyan loans are a financial institute which is excellent for applying for loans. It looks at all your circumstances and provide loans to people who are refused elsewhere. They are fast and honest. I would recommend Wesleyan loans to anybody who needs a loan.

Review posted by Zafrullah Khan, Slough

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Logbook Loans

Really happy with my experience with Logbook. Most of the process was done online from the convenience of my own home. Really friendly customer services too! Highly recommended.

Review posted by Bethany Holcombe, Cirencester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews are sourced from Trustpilot.com for authenticity.