Non Homeowner Guarantor Loans just grew to 7500

Oct 13, 2014 Blog RSS feed STOP PRESS: Since this article was posted the value has risen to £7500! There has always been a strong demand for a loan product that never properly existed – the guarantor loan where the guarantor can be a non-homeowner. It has always been the holy grail for lenders simply because the market for such a product is likely to be significant. It often proves impossible for an otherwise perfectly qualified guarantor loan applicant to find a guarantor who is a homeowner. Now the problem has been solved for loan values up to £3000. See more at Tags: Category:


Instalment Loans – an alternative to payday loans

Instalment Loans – an alternative to payday loans – Instalment loans may be a better way to borrow short term than a payday loan. This video tells you all about instalment loans, and… From: Solution Loans Views: 1 0 ratings Time: 01:16 More in Howto & Style

Car Finance – Hire Purchase vs. Personal Contract Plans

Car Finance – Hire Purchase vs. Personal Contract Plans – Looking to change your car or other vehicle? If you are then you ll need to know the difference between HP and PCP. This video tells you… From: Solution Loans Views: 0 0 ratings Time: 01:35 More in Howto & Style

Need a Loan Fast – Look to a Guarantor Loan

Oct 13, 2014 Blog RSS feed A guarantor loan is a specialist bad credit loan which has been created to offer a financial lifeline to borrowers who have been declined credit by mainstream lenders. With this type of loan, the presence of the guarantor is the critical aspect of the loan application as they act as a ‘back-up’ for the loan repayments and therefore reduce the risk posed to the lender. The requirements for the person acting as loan guarantor are fairly flexible and generally anyone who is aged between 25 and 75 and has a good credit history will be viewed as ideal. If everything runs smoothly with the repayments, the guarantor will never be called into action. Even if the borrower does miss a payment and the responsibility moves to the guarantor to make up the arrears, lenders will not generally contact the guarantor immediately after the borrower misses the payment and instead will prompt the borrower to make this payment first. Only if difficulties arise in contacting t

Turning Credit Ratings Round with a No Credit Check Loan

Oct 13, 2014 Blog RSS feed The term ‘credit’ is a term that can cause nightmares for many people. A bad credit rating can limit your borrowing options. County Court Judgments (CCJs), defaulted payments and bankruptcy orders leave a stain against your name when trying to secure credit and this stain can prove very difficult to remove. Successfully applying for an unsecured personal loan has never been easy for anyone with a poor credit history or rating but the good news though is that more possibilities exist today than ever before. In the financial rebuilding phase currently being undertaken by lending institutions throughout the UK, lenders are more closely enforcing loan requirements than ever before. However, if your credit score is not too low, there still are possibilities that can lead to personal loans for people with bad credit. New Loan Innovations The new possibilities which are currently available exist in the form of ‘no credit check loans’ and these come in a variety

Refused Credit – Guarantor Loans Could Be The Answer

Oct 13, 2014 Blog RSS feed Taking out a loan is a big decision to make at any point in time. This is especially true if you already have existing debts or are currently receiving only a low income. It is therefore very important that you choose a loan wisely. However, choosing a loan can also be a minefield if you suffer from a poor credit record. If you have recently been refused credit or have a low credit score or bad credit history, a guarantor loan could make it much easier for you to be accepted for a loan at a much more affordable rate than many of the other bad credit alternatives which are currently available. Generally speaking, lending institutions adopt the attitude that if you can get someone to stand by your side and agree to repay the loan on your behalf should you be unable to do so, this will reduce the risk sufficiently for them to look past any previous credit problems that you may have had. How Exactly Do Guarantor Loans Work? Lender responsibilities now extend fro