No Guarantor Loans with Bad Credit

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Loans without a guarantor, are they right for me?

If you are looking for a loan that does not require a guarantor you have come to the right place. Our fast and simple application process will allow you to submit your loan request and receive a response in moments.
Our service is free and without obligation, you choose if you want to accept the loan or look else where, you are in control.

Guarantor loans were designed to allow people with bad credit to have access to short term loans whereby the person making the loan application would ask a friend or family member to act as the guarantor. The guarantor would be responsible for paying back the loan if you were unable. Guarantor loans are another way to secure quick loans when bad credit is an issue. As time goes by more direct lenders are offering bad credit loans without needing a guarantor.

Loans without a guarantor are now very common as  your application for a loan is decided on more than just your credit rating when you apply for a short-term loan. Your application will be considered based on current employment, whether you work full time or part time, what your outgoings are, they want to see your ability to repay the short-term loan.

When you take out a no guarantor loan you will be the one who will be responsible for repaying the loan, therefore, it is important that before you take out a short term loan that you have taken into account the amount you will be expected to repay over the term of the loan period. Repaying the loan on time will also improve your credit rating and you will be a safer option to the lender. As more and more people start to demand short term loans you will find that APRs are reducing because of the increasing competition in the market.

Applying is Free and No-Obligation

Can I get a loan for bad credit with no guarantor?

Yes it is possible, In the past your application for a loan would based on your credit history, now times have changed and now you be will be more likely to be granted a loan for bad credit with no guarantor since now your personal circumstances will also be taken into account when deciding your loan application.

As an independent Appointed Introducer we at Cashute work with a panel of direct lenders which will be able to match your requirements with the best loan product.

Direct lenders want to make sure that they offer the best short-term loan product to you. They are unique in helping help with bad credit to have access to funds in times of emergencies and they will do all they can to get the money into your account as quickly as possible. Cashutes partner works with direct lenders who specialise in loans for people with bad credit.

The Financial Conduct Authority is the body which regulates financial entities in the UK expects all regulated firms to offer full transparency along with treating their customers fairly. All of the lenders our partner works with are authorised and regulated by The Financial Conduct Authority. Beware of firms offering no guarantor loans with no credit checks, they may not be authorized by The Financial Conduct Authority.

Will my bad credit score prevent me from getting a loan?

When you are looking for a short term loan, we would recommend that you use a direct lender that has been authorised by The Financial Conduct Authority. Using a reputable authorised firm will ensure that you are treated fairly as per the guidelines set out by The Financial Conduct Authority. So if you do have bad credit you are more likely to be granted a quick loan and be treated fairly if the firm is authorised. When you apply for the loan via a direct lender they will always carry out a credit check but recall that the direct lender has their own set of criteria they will look at your personal circumstances to determine your suitability. So it does not mean that if you do have bad credit that you should not apply for loans, our lenders understand that anyone can have a bad credit score for any number of reasons. More and more people with bad credit ratings are being approved for short term loans since lenders now look at more parameters than just your credit rating.

Rates from 49.9% APR to max 1333% APR

For example:

Representative Example: £250 borrowed for 30 days.

Total amount repayable is £310.00.

Interest charged is £60.00, annual interest rate of 292% (fixed)

Representative 669.35% APR (variable)



Applying for short term loan on mobile

Panel consisting of the top UK Lenders

No paperwork

Flexible repayment

Instant decision

Fast Deposits

No Credit Foot Print

How legitimate are Payday loans no credit check no guarantor?

A guarantor is someone you know and who knows you and will repay the loan for you should you be unable to do so. Some direct payday lenders used to expect you have a guarantor on your loan application, many people could not apply for a loan since they did not have anyone they could put down as their guarantor.

Everyone has their own unique set of circumstances and understanding these has led many companies to start advertising payday loans with no credit check and no guarantor. We know that there is no legitimate direct lender out there who would offer such a loan. Although having said that direct lenders can offer a no guarantor loan but will look at your personal circumstances such as your employment status, do you work full time or part time and the like. This means people who in the past may not have gotten a loan due to not having access to a guarantor now have the chance to apply for loans to fund those unexpected emergencies.

Cashute does not charge for our service, you may apply completely free and no obligation and even better we have no preference or obligations to any of the lenders and act totally impartially, our role is to help you to be matched with the best direct lender which provide payday loans no guarantor.

These direct lenders will offer you loans which will be as competitive as those which require guarantors.

What do I need to apply?

Applying for a loan is straightforward and is all online.

Before you start your application have this ready:

Details of your regular monthly income and outgoings

Mobile phone number

Valid email address

Home address for the last three years

Your Bank account

Your Debit card information

Fast, Free & Easy No-Obligation Application Process


Choose Loan Amount & Term

Simply chose how much you wish to borrow and over how many months you wish to repay the loan


Fill in the Application form

Fill in our simple application form which takes only a few minutes and then apply for your loan


Receive Your Cash

We send your application to our panel of lenders, once approved you will receive the funds directly to your bank account

Why choose Cashute

Authorised by the Financial Conduct Authority

Fast Online Application

No Payout Fees

No obligation quote

No paperwork

100% UK Based

Very High Acceptance Rates

No Hidden Costs

Is a payday loan no guarantor a good choice for me?

Payday loans are for small amounts of money for a very short period of time and are offered to meet a special need which is to cover a sum emergency expense at short notice. As such these types of loans should only ever be used as an emergency loan where you can repay the loan on your next payday hence their name.

These loans are used by people that find that they need an extra one or two hundred pounds until next they next get paid, whereas short term loans are loans offered by our direct lenders which are for slightly higher amounts over longer terms such as 3 to 12 months.

Therefore, payday loans are a great idea if used correctly to fix a sudden emergency loan requirement.

But be aware that these loans come with a higher APR and should be paid back as per the terms agreed with your lender if not before provided you do not incur any early payment fees. (Check your terms and conditions), if you need access to quick cash loan then these loans are fine but they should never be used to solve a long-term financial problem.  Just like short-term loans, there is where there is no such thing as a short term loan with no credit check there are equally no payday loans with no credit check no guarantor.

Since all the negative publicity surrounding payday lenders started to surface a few years back The Financial Conduct Authority had to step in and start enforcing stricter rules on all direct lenders who now have to follow stringent rules regarding who they lend to, how much they can lend and the maximum rate of interest which they can charge per day.

Cashutes’ partner panel of lenders are all fully authorised and are expected to adhere to all FCA rules. This means that you will never be dealing with companies who claim to offer payday loans with no credit check loans.

When Will I Get the Money?

Normally the loan is paid into your bank account within an hour. Although sometimes it is possible to have the money paid into your bank account within 15 minutes of accepted a payday loan offer from the lender.

Deposit speeds can vary depending on the lender you have accepted the loan from and your banks deposit policies. Most people will have the funds paid into their accounts within 24 hours of accepting a loan offer.

What Can I Use bad credit loan with no guarantor for?

In theory you can use the bad credit loan with no guarantor for anything you like. There are no conditions set by the lender as to what you spend the money on. Even so, it is recommended that payday loans and other short-term high interest loans are only used for immediate financial emergencies such as paying off urgent bills and such like. Short-term loans are not to be used for long term borrowing.

How do I apply for the best payday loan?

To apply a loan is simple, collect your bank details, provided you meet the criteria listed below you can start your application process:

  • 18 years old
  • UK resident
  • Hold a UK bank account.
  • Employed with a regular salary (so you can repay the money that you borrow).
  • Bank details to hand

A payday loan is normally paid back after your next payday cheque arrives in your bank account – normally 30 days from the date that you borrowed the money
Once completed submit the application form by clicking on the “Apply” button and wait for a response from one of our direct lenders as soon as we find the best match for you, this should not take long.

When you receive the loan proposal can decide if you wish to proceed with offer, if you do want to proceed with the loan just apply and the funds will be deposited into your bank account within hours, always remember that you can apply with no obligation even if you have bad credit as many direct lenders support payday loans bad credit.

I am really struggling with my debts and I can’t get a consolidation loan. What can I do?

It is normal to feel like you want to ignore the problem in the hope it goes away but if you are having problems meeting your monthly repayment it is important to contact your creditor to see if you can rearrange your repayments.

If you have multiple outgoings per month to multiple creditors you may want to consider a consolidation loan, this is a preferred way to bring all payments you may have under one monthly sum. If you are not able to secure a consolidation loan then we strongly recommend contacting your creditors immediately the sooner you can address the issue the sooner you can get it sorted and avoid any charges. The Financial Conduct Authority place a requirement on all lenders to provide a duty of care to help all customers who are going through financial difficulties.

We recommend that you also seek the advice of the companies list below, they are there to help you, they offer free debt advice.

Benefits of Cash Loans

The biggest benefit is, of course, the ability to respond to an unexpected event with a lump sum of cash. But, compared to other types of credit, there are other benefits to applying for a short-term loan through Cashute:

  • Funds in your account within the hour (hourly payouts between 6am-11pm)
  • Pay back your loan in manageable installments
  • You don’t need a guarantor
  • Borrow from £100 to £5000 (subject to affordability)
  • Short-term loans can help to build up your credit rating

Should I apply for a Cash loan?

Depending on your circumstances, you should apply if you:

  • Have an unexpected expense needing a lump sum
  • Would like to replace tired or worn out furniture or items at home
  • Need a quick decision at that moment
  • Do not want to take out a payday loan
  • Wish to repay your loan by monthly instalments
  • Like the peace of mind knowing exactly how much you will have to repay each month
  • No Guarantor Loans In 15 Mins – £100 to £5,000 | High Approval Rate

Warning: Late repayment can cause you serious money problems. For help, go to