GUARANTEED ACCEPTANCE LOANS
- Get guaranteed acceptance loans up to £25000
- Guaranteed loan approval
- Flexible repayment plan (60 monthly repayments)
- Get loans irrespective of the credit score
- Competitive interest rates
I want to borrow
Guaranteed acceptance loans are loans that are available to everyone with soft credit or no credit check required. No matter what the borrower's credit score is.
A third party (guarantor) makes a legal promise to cover a borrower's debt if he defaults. Occasionally, the bank acts as a third party, but it is often the borrower's acquaintance. This type of loan is called a guaranteed loan.
The borrowers in guaranteed loans for bad credit get confused about whom to pay for the money- the acquaintance or the bank.
Poor credit scores and people with no credit history are both eligible for this loan. In such a situation, a guarantor’s promise helps allow the borrower to borrow funds that would be otherwise inaccessible.
Although they are like no credit check loans, the borrower needs to confirm the affordability of having a regular source of income. Therefore, it is in the lender's best interest to lend money to the borrower.
Thus, if you are seeking guaranteed loans with bad credit, then you should apply with caution.
The primary aim of these loans is to help individuals with bad credit or very bad credit scores secure funds to meet emergency requirements with no rejections.
Thus, if you are someone who is seeking guaranteed acceptance loans, then you can contact us.
Guaranteed loans for bad credit undertake a certain criterion before lending the funds to the borrower:
Here, someone takes the credit to pay on behalf of the borrower. In short, if you cannot pay the amount, you can choose a guarantor to pay for you. In this, someone having a good credit report takes the liability of paying on behalf of the borrower.
In guarantor cases, a bank too acts as a guarantor. In this, a bank agrees to cover the liabilities of the borrower in case he defaults. In most cases, commercial banks provide these types of guarantees to the companies involved in a transaction with third parties or a foreign deal. The bank is liable to pay the remaining principal amount and interest payments to the lender if the borrower defaults.
Though they are guaranteed loans, banks need to keep security. Thus, you can apply for guaranteed acceptance loans by putting up collateral. A home, car, property or land, jewellery, for example, are examples of your precious belongings.
If a borrower is seeking a small amount for meeting his/her immediate requirements, then he/she can apply for guaranteed loans for bad credit online at Figuralloans. If you are finding it difficult to repay the loans, guaranteed acceptance loans direct lenders will assist you in choosing the best repayment plan.
While analysing the credit score, the Figuralloans, the direct lender for bad credit loans on guaranteed approval, will analyse if you have defaulted on the previous loan or have missed any repayments. We understand the situation and analyse whether you will pay in full this time, we don’t want to put customers in a debt trap.
When you are facing financial difficulty and need loans, immediately, you can contact us. We do not cut corners. However, we do not reject the loan application directly but conduct a few checks like monthly income and affordability before approving it.
Guaranteed loans are helpful for people who seek loans with high acceptance rates and competitive interest rates. Still, be as accurate as you can while filling the guaranteed acceptance loans form.
A 100% guaranteed acceptance loan works in the same way as any other loan. You borrow money from the lender and pay it back at a definite interest rate after the due time. The only difference here is the "guarantor" part. He/she will pay the payment in full if the borrower, i.e., you cannot pay it.
Depending on the lender, the guarantor receives the loan. If the guarantor is happy with the agreement, the borrower will receive a lump sum. The borrower has to repay the loan as per the loan conditions.
If you do not have any guarantor to back you, collateral plays a part in the loan guarantee. Moreover, suppose you struggle with both guarantor and collateral, then you can get approval on your income capacity. However, you will only get a small amount to borrow.
Avoid a credit check if you have bad credit. Your credit document shows your record and any credit applications. Repeated applications for the loan at the present moment can raise alerts among the lenders. Notwithstanding, you can't get any advance without a credit check.
Be wary of moneylenders offering 100% ensured advances without credit checks. You are already on the right and reliable direct loan specialist for guaranteed acceptance loans with no credit check.
We like to analyse your loan affordability while considering your loan application. We may consider no credit check only if:-
If you belong to any of these criteria, you can straightaway apply for the loans. Sometimes, we have to check the credit score, but it will only be a soft credit check. You will not find any search footprint on your credit profile.
While managing your bills, fees, and other expenses, you might need funds to meet other financial obligations. These funds can exceed your income. Here, guaranteed approval loans for poor credit help you.
Figuralloans provides you with the flexibility of meeting your current requirements without bothering about financial constraints and credit scores. Here is how guaranteed acceptance loans help provide short term relief-
Has a high acceptance rate
A guaranteed loan harnesses one good credit to push up another’s poor credit. If a primary applicant with poor credit applies with someone who has a great credit record. Thus, while analysing guaranteed instant loans, the lender analyses both credit histories. In this way, it shares a high acceptance ratio. A lender helps borrowers by minimising the risks involved and helping to ease up repayments.
Easy online application
These guaranteed acceptance loans originate online, and you do not need to move a leg. You can submit your loan application online here with no hassle. Follow the easiest loan process with no documentation to follow.
Quick-Turnaround
When you seek immediate funds for quickly managing your expenses, you seek immediacy. Thus, guarantor acceptance loans offer financial relief immediately compared to conventional financing.
Transparency
With us, 100% guaranteed acceptance loans are funded with complete transparency with no hidden fees and other charges. The payment terms are discussed upfront, and thus, we help you avoid any surprises down the lane.
Thus, in this way, guaranteed loans help you to secure a fund with no strict credit checks and strict penalties and ensure a comfortable living.
If you are looking to get guaranteed instant loans, we allow you to borrow up to £10000 with a 6 to the 60-month repayment period. We help customers find the right loan option by analysing their circumstances and affordability.
We do not uphold guaranteed acceptance loans in the UK but only approve those applications where we believe it wouldn’t affect the financial situation of the individual. Having customers manage repayment capabilities hassle-free is our primary prerogative rather than having countless customers.
At Figuralloans, we do not approve every customer for guaranteed approval loans for poor credit but still share a decent record among our happy customers. We offer solutions tailored to customers' interests and financial situations.
Know and analyse the eligibility criteria before applying for a guaranteed acceptance loan from a direct lender. Different lenders have different loan acceptance criteria.
Here, you can increase your chances of approving a loan by choosing a budget and an affordable repayment plan for you. You can use the repayment calculator and calculate the amount you can borrow for the desired timeframe.
Repayment terms |
Borrowed Amount |
| 6-60 months | £1000-25000 |
The amount you borrow for bad credit loans to seek guaranteed approval with no guarantor depends on affordability. And borrow only for meeting emergency needs.
Traditionally, you cannot apply for unsecured loans on guaranteed acceptance if you lack an income source. It is necessary to have a consistent income or a money flow for qualifying for guaranteed acceptance loans. The lender conducts a credit check based on your current income and affordability credibility before approving it.
You may qualify for guaranteed acceptance loans with us even if you do not have a stable income source. We may consider the following income sources to expect timely repayments from your end:-
There are other loans like short term loans for the unemployed that you can also consider for meeting your urgent or emergency requirements.
Secure Your Guaranteed Acceptance Loans in 3 Steps!
Step 1-Affordability assessment
We will check your loan affordability by analysing your income source.
Step 2 - Suggest the right repayment Plan
After the credit check, we will suggest a comfortable and personalised repayment plan
Step 3 – Timely repayments
We will notify you of the pending repayment or the repayment time through notification.
And you are done!
At Figuralloans, we provide money the same day into your account without you having to wait long.
Unsecured loans on guaranteed acceptance are about meeting the needs quickly. Thus, we help you overcome every barricade to it with our simple and fast loan approval method. You will receive the amount within 60 minutes in your bank account.
ARE THERE ANY GUARANTEED LOANS WITH NO GUARANTOR REQUIRED?
Yes, you can apply for guaranteed loans with no guarantor if you have a regular income source, as salary, rental, or self-employed. You will need an excellent credit history. You can apply on your own with no need for a guarantor to pay on your behalf. You will solely be responsible for the complete loan payment.
ARE GUARANTEED LOANS SECURED?
Guaranteed loans are highly risky as it keeps the borrowers and lenders equally at risk. It is not the same thing as a secured loan. Unlike secured loans, guaranteed loans for bad credit are backed by collateral.
WHAT ARE THE BENEFITS OF GUARANTEED APPROVAL LOANS OVER OTHER LOANS?
The benefits of guaranteed acceptance loans are:
ARE THERE ANY RISKS INVOLVED WITH GUARANTEED ACCEPTANCE LOANS?
While taking guaranteed acceptance loans, keep in mind that these loans have a high APR than any other loan type. To analyse your current financial standing before opting out for guaranteed approval loans for poor credit. Analyze:
Once you are through with your analysis and consider it apt to go for, then you can apply for guaranteed loans for bad credit online.
WHO CAN BE MY GUARANTOR?
It is a very important question. You can choose someone whom you are close with and can discuss your financial situation unhesitantly. It can be a close friend, relative or a parent, sibling, or even colleague.
The guarantor must be over 21 years of age. They are mostly homeowners and carry good credit scores. As a part of the application process, the guarantor will need to go through a soft credit check and provide certain details.