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)

What are debt consolidation loans bad credit no guarantor and how can they help?

If you are someone who has bad credit and are currently dealing with multiple debts, obtaining a debt consolidation loan can be the financial relief that you need for the moment. This is because the types of loans are often easier to manage as opposed to paying off numerous loans with varying payment dates and rates.

Now if you are considering taking out the type of funding, you might want to know that there are various options available in the market but not all of them are accessible to borrowers with bad credit. If you are someone who doesn’t have a good credit rating, you may be required to put up a guarantor to become approved as it will offset the risk involved in your credit rating. If its difficult or impossible for you to find a guarantor, you can consider debt consolidation loans bad credit no guarantor as viable solutions to simplify your finances.

But what are these types of loans anyway and how can they be of help to your current situation? Below, you will know what they are and the numerous ways in which they can aid you in enjoying financial relief.

choose debt consolidation loans bad credit no guarantor

What are debt consolidation loans bad credit no guarantor?

If you are someone who has bad credit, this means that you may be struggling to stay on top of your finances. Maintaining an adequate cash flow is vital to live comfortably day by day and when you find yourself in need of extra funding, having a poor credit history can become a big hurdle in taking out a loan.

But the truth is even those with some of the worst credit history can still enjoy the opportunity to sort out their finances through debt consolidation loans bad credit no guarantor. What’s more, the financial products can help you secure enough funding to pay off those stressful debts without providing any guarantor to support your application.

As a matter of fact, debt consolidation loans bad credit no guarantor are among the short list of loan options in the UK lending market that are extremely popular to borrowers because of the kind of flexibility and ease of funding that they provide.

Loans that can help you simplify your finances

Debt consolidation loans bad credit no guarantor are designed to help simplify your finances. With the aid of the internet, you can find a plethora of reputable bad credit UK lenders that can give you the kind of credit agreement that will help you pay off a number of debts and save money in the process because of lower costs of borrowing and affordable interest rate payments.

  1. These are financial products that will not require you to shoulder certain upfront charges and fees. Debt consolidation loans bad credit no guarantor are generally free from these kinds of extra costs making it easier and cheaper to obtain funding to consolidate your debts.
  2. There are no lengthy processes and hectic steps involved when you apply for the loans online even if you have a very low credit score. You can also complete an application on your own without much effort. Simply fill out a short online form that will need just a few minutes of your time and submit it once your done. You will then just have to wait for a decision from your lender which can often happen in an instant.

Securing debt consolidation loans bad credit through the internet is certainly quick and seamless but it is still important to proceed with caution when your shopping for the ideal lender that offers the best deal. There are many fraudulent credit providers operating in the market and you don’t want to become a victim of their gimmicks and empty promises.

With that being said, take as much time as you need to compare lenders and there respective offers. Try to do some research on the company first before you make an application so you will know whether or not it is indeed reputable and licensed to provide debt consolidation loan services for borrowers with bad credit.

One of the most effective ways to consolidate your debts

There are plenty of people in the UK who are facing debt problems that are gradually growing out of control. If you are one of these people, then you need a financing solution that will allow you to organize all your debts into one, manageable loan option. One of the most effective ways you can go about this is through debt consolidation loans bad credit no guarantor.

Debt consolidation loans bad credit no guarantor are meant to ease people’s financial burdens especially those who have bad credit and are unable to secure extra funding from banks, credit unions, and other traditional financing institutions to deal with problematic debts. The financial products can genuinely aid you in consolidation any debts and you can do this without the backing of a guarantor.

But due to the risk involved in your credit rating, the amount of credit that you can take out will generally be lower than a standard personal loan and the interest rate will also be higher. However, you will enjoy a quick and seamless application procedure that won’t require you to accomplish an hectic and tedious step whatsoever. Here’s what you can expect in applying for debt consolidation loans bad credit no guarantor in the UK:

  • There is no need to do paperwork, fax documents, or involve yourself in any lengthy steps for your application to materialize.
  • You can successfully complete an application purely online through the lender’s secured website and you can do this with the use of your Personal Computer, Lap top, or smart phone.
  • You don’t have to driver yourself to one of the lender’s nearby branches to withdraw the loan. If your application is approved, the money will instantly be deposited into your bank account in the same day or the next business day.

So if you are looking for a fast and easy way to simplify your finances, debt consolidation loans bad credit no guarantor are options that you can seriously consider.

why get debt consolidation loans bad credit no guarantor

 

 

 

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