Borrow up to £2,500 and Apply for a Loan with No Guarantor Required

allthelenders works with over 40 lenders who offer no guarantor loans – so you can apply directly with the lender and there are no other parties involved. Applicants can choose from a number of different lenders and borrow up to £2,500 repaid over 3,6,12 or 24 months.

No guarantor loans mean that you do not require an extra person to act as your guarantor to be eligible. For those with bad credit histories, they sometimes need to add some extra security to their loan application and this is where having an additional person to sign your loan agreement can come in.

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A guarantor is typically a family member, parent, sibling or spouse who agrees to cover repayments if you cannot – and having a guarantor with a good credit history and homeowner status can certainly help your chances of approval.

For loans without a guarantor required, you can apply directly and subject to further checks can receive your funds within 1 hour or on the same day.

What Are The Advantages of No Guarantor Loans?

Faster approval: Since you are applying directly with the lender, successful applicants can receive funds much faster. There is no need to wait for a guarantor to co-sign the loan agreement, wait for checks to be carried out on the guarantor or any delays if they want to change their mind.


When applying for a no guarantor loan, you are completing an online application through one of the partners from allthelenders and you should receive an instant decision on the screen letting you know if you have been successful. Subject to further credit and affordability checks, you should be able to receive funds transferred to your debit account within one hour or less.

No other people involved: Finding a guarantor can be tricky. You need someone who you can speak openly to about your finances and someone who is willing to be involved in a contractual agreement, potentially over the next 3 to 5 years. Not only can it be difficult to find someone with a credit rating that is strong enough, they need to be willing to co-sign your loan agreement and cover the costs if you cannot, and for some, this is quite a financial burden. It is not surprising that some people looking for loans with bad credit may shy away from a loan without a guarantor.

What is The Criteria?

The criteria for applicants according to most of the lenders featured on allthelenders is:

  • Over 18 years of age
  • UK resident (full-time)
  • Employed and able to afford monthly repayments
  • Valid UK email address, mobile phone and debit account
  • No recent bankruptcy, IVA or CCJ
  • No guarantor required
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How To Improve Your Chances of Approval For No Guarantor Loans?

Since there is no guarantor required, the success of your loan application will be based on other factors, largely to do with how well you are able to repay your loan. The lenders we feature will look at different factors to determine the chances of you making repayment on time.

By having a stable income and employment suggests to a lender that you will be able to use your income each month to repay the loan. In all loan applications, the lenders ask about your employment status and how long you have been at the company. In some cases, the lender will request proof of income via payslip or bank statement in order to confirm your salary and pay frequency.

Ideally, if you are applying for a no guarantor loan, you need to have a better than average credit score. This can be achieved by staying on top of your bills and payments for things like other short term loans, credit cards, utility bills, mobile phone bills and more.

If you have defaulted on payments in the past, this would have been recorded on your credit file and your score would likely have fallen. Fortunately, credit scores are subject to change regularly based on financial performance – so there are always ways to rebuild your credit rating through joining the electoral roll, closing down any unused credit cards and store cards and also use credit builder cards to build up your score.

In addition, something that can help your loan application is having a low debt-to-loan ratio. If you have lots of other loans outstanding, the lender could look at this as putting added pressure on your finances. Therefore, you can look at closing any loans that you no longer need or trying to consolidate them where possible.

How To Apply For No Guarantor Loans With allthelenders

Allthelenders compares over 40 lenders in the UK, making us one of the largest price comparison sites for short term lending. Start your journey by clicking on compare now and you will be taken to our smart comparison tool which will narrow down your searches based on how much you want to borrow and how long for.

Our lenders offer loans ranging from £50 to £2,500 and the flexibility to repay over 3,6, 12 or 24 months. Our price comparison tool is completely free to use and we do not require any details from you. We only work with direct lenders that are FCA authorised, so you have peace of mind that you are working with a professional company and your details are kept safely.

A typical loan application with one of our lenders is completed online and takes around 5 minutes before receiving an instant decision. If successful, you will usually be able to receive funds within 1 hour or less.

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