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Representative Example: If you borrow £2,600.00 over 36 months at a Representative rate of 49.7% APR (variable) and an annual interest rate of 41.00% (variable), you would pay 36 monthly instalments of £126.61. The total charge for credit will be £1,957.89 and the total amount payable will be £4,557.89.
We could help match you with a guarantor lender who might be willing to provide you with the loan you need without harming your credit profile in the process.
Applying for a guarantor loan can be tricky and stressful without the right resources. NowLoan’s quote application process only takes a few minutes and you could see your lender match in only seconds after completing our form.
Guarantor loans require an additional signer (known as a co-signer). This individual is responsible for taking on your payments, should you fail to make them. Applying for a guarantor loan creates risk for your guarantor too as they’ll be responsible for the loan should you fail to keep up with repayments.
Finding the right lender can be quite a task if you don’t know where to start. We do the hard work for you. All you need to do is enter some basic information and we could match you with the right guarantor lender for you based on your circumstances.
The NowLoan lender tool can increase your chances of loan approval – as opposed to finding individual lenders to apply with one by one. Lenders who are the best fit will be matched with you when you use our system, so you don’t have to waste time weeding through the ones that can’t help you. This can make finding guarantor loans so much simpler and easier.
After filling in our 2-minute form and retrieving your quotes, you can choose which lender you’d like to make a formal application with. It’s possible that some of the guarantor loan lenders on our panel can payout within the same day of application but this will vary depending on the lender and your circumstances.
Comparing lenders on lists can be a headache, usually, your goal will be simple to find the cheapest lender that will approve your application fast. Our software allows you to review several lenders in just minutes, as well as what they can offer. You will never receive a phone call from NowLoan. Nor will you have to fill out tedious paperwork that can take hours.
All of your data is completely private and secure using the NowLoan’s lender matching software. You don’t have to compromise security in the process of applying for guarantor loans.
One of the best parts about using this software is that your credit will not take a hit. NowLoan does not perform a credit check when reviewing your application for a guarantor loan. Only your chosen lender will perform a credit check when you move forward with the loan process through their company.