Advanced Search

UK CREDIT
UK Credit (Guarantor Loan)
        
UK Credit offer forward thinking unsecured loans and they are a lender NOT a broker. They are specialist guarantor loans provider, offering loans up to £5,000 for first time applicants with no upfront fees. All loans are offered with a fixed rate, so your payments will not go up over the loan term. Their loans require a homeowner guarantor to support the application, but they do not need their bank account details. All bad credit considered, and same day payout. Please read the terms and conditions carefully before you apply.
Advantages
1. 100% Online Application
2. Simple Application Process
3. Any Bad Credit Considered
4. No Loan Fees or Charges
5. They are a Lender not a Broker
6. They Treat Customers Fairly
Disadvantages
1. Guarantor needed to get the loan - Guarantor must be a homeowner
2. Don’t cover Northern Ireland
Identification Required
Yes, copy of DVL or passport
Suitable For
Customers who have been refused by other lenders who are looking for a loan of up to £5,000 with no upfront fees
Terms & Conditions
Application must be supported by a homeowner guarantor with good credit and an income or savings.
Restrictions
Guarantor Loans Online Guarantor Criteria:
1. They must be a homeowner
2. The guarantor must be no older than 75 at the end of the loan term
3. The guarantor must have a reasonable credit history
4. They must be receiving a fixed income, working is ideal but other circumstances can be taken into account
5. The guarantor can not be financially linked to the borrower. For example; a partner living with the borrower would not be suitable as a guarantor
Credit Check: NoInstant Decision: No
Online Application: YesSecured Loan: Yes
Unsecured Loan: NoMobile Loan: No
Debit Cards: NoBank Account: Yes
Loan Duration
Minimum Term: 12 Months
Maximum Term: 60 Months
Loan Amounts
Minimum Advance: £1,000.00
Maximum Advance: £5,000.00
Costs, Rates & Fees
Representative APR: 53.8%
Representative Example: Borrowing £3000 over 24 months with a fixed APR of 53.8%. Monthly Repayment of £189.86. Overall the total to pay back is £4556.64.
Extention: Not permitted
        
REVIEWS
UK Credit ( - 10/7/2013)
UK Credit is ranked 4 out of 5. Based on 1 review.

4 Star Rating

News and ChartsNEWS / CHARTS

Claims Services will now be easier to penalise under new government plans
03 April 2014 - Which Way To Pay
Plans set out by the Ministry of justice could make Claims Services easier to penalise for unwanted nuisance phone calls.
Read More >>
The qualifications to look out for when looking for a Financial Advisor or Debt Management firm
03 April 2014 - Which Way To Pay
The qualifications a Financial Advisor or Debt Management Consultant requires to be able to offer FCA financial advice changed on 31st December 2012, but exactly are these?
Read More >>
Homeowners are unlikely to be covered by flood insurance scheme due to loophole
18 February 2014 - Which Way To Pay
Insurers say thousands of homes on the Somerset Levels, the areas worst hit by the storms and flooding, could be affected by the loophole in the new flood insurance scheme.
Read More >>
Apply for UK Credit
Apply for UK Credit