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$100 to $25,0000*
  • Apply for $50-$1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

Secure Process

If you are worried about your loan application and process, then now is the perfect time to stop stressing yourself. With us, we will help you get your approval in no time at all. We will review your application in a minute.

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Paid Into Your Account

Once you got your loan approval, we will directly deposit the money you need into your bank account. There’s no need to go to the bank and fall in long lines. It is very convenient indeed.

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Credit Problems

There’s no need to worry if you have issues with your credit line. We will provide you with the right kind of loan specifically for people who have a bad credit line. You will surely get the cash help you need.

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How We Compare

Short Term Loans Loanexpresso Why use us?
How much can new customers borrow? Up to $5,000 No fees, ever!
What are the repayment terms? 3 to 36 Months No paperwork
Representative APR 49.9% (variable) No obligation quote
Can I apply with bad credit? Yes Instant decision
Can I repay in instalments Yes Flexible repayment
Do we credit check?* No No credit footprint

What You Need To Know About Guaranteed Loans – Loanexpresso

Your approval for guaranteed payday loans will always depend on how financial institutions and guaranteed installment loans direct lenders assess your risk. This means they evaluate your creditworthiness based on your credit score, on your source of income and whether your source is steady and stable, and on your existing account. So what happens if you have a not so good credit score? Enter guarantor loans or guaranteed payday loans. These are types of loans that is secured by having a guarantor. Here are most frequently asked questions about guaranteed personal loans.

Bad Credit Loans Guaranteed Approval: What is a Guarantor Loan?

So first, what is a guarantor signature loan? Much like a personal loans guaranteed instant approval, guarantor loans or guaranteed personal loans are also unsecured. But here’s what makes it different from just like any other personal loan. Guaranteed installment loans for bad credit involves a guarantor which guarantees the borrower.

In essence, what this means is that your guarantor is someone who will agree to pay for your guaranteed loans for bad credit in the event that you, the borrower, will not be able to pay for your own guaranteed loans for bad credit. However, take note that a guarantor is still different from a joint personal loans guaranteed instant approval. Your guarantor will only be contacted when you stop making the necessary repayments.

guaranteed

Guaranteed Loans: Why the Need for a Guarantor?

One of the main reasons why you might need a guarantor is if you have either a poor credit score or no credit history at all. It can be hard for you to get approved for a cosigner loan. This is where guaranteed installment loans for bad credit come in.

Guaranteed Installment Loans for Bad Credit: Who Can be a Guarantor?

There is a general list of criteria and eligibility requirements that are more or less universal. Typically, a guarantor can be anyone from a friend, a boyfriend or girlfriend, or a sibling. But this is where the requirements for bad credit loans guaranteed approval get a little more restrictive:

  • They need to have a source of income. Whether employed or self-employed, as long as they can provide an income source, then it’s all good.

  • Your guarantor must at least have a fair credit. But it certainly helps a lot better when you guarantor has a high credit score.

  • Your guarantor has to be at least 21.

Guaranteed Loans: What Does Being A Guarantor Really Mean?

If you’re having difficulties getting the guaranteed payday loans direct lender’s approval, one way to improve it is by getting a guarantor. For example, you have a stable source of income; however, you either have a bad credit rating or no credit history at all. Since the bad credit loans guaranteed approval provider will perceive you as a risk, the guarantor will serve as your guarantee against the loan. Therefore, before you get a loan with another person, be sure that you know all the risks involved.

As the name implies, a guarantor is another person who will guarantee the bad credit personal loans guaranteed approval. While the principal borrower can be eligible even with bad credit, the guarantor should have an excellent credit rating and a high source of income. In some cases, he/she may be even required to pledge collateral.

Unlike a joint loan, the only purpose of having a guarantor is to obtain the responsibility of paying the loan back in case the principal borrower defaulted. He/she will not take any part of the loan. In fact, after signing up the contract with the debtor, he/she will only be contacted by the guaranteed payday loans direct lenders if the borrower seizes to pay the debt.

In case the guarantor fails to repay the bad credit personal loans guaranteed approval, too. His/her credit rating will be negatively affected and in some cases, the guaranteed installment loans direct lenders can file a lawsuit against him/her. The worst part is when the guarantor is required to pledge collateral. In case he/she defaulted on the loan as well, the instant approval loan provider has the right to repossess his/her property and put it on sale. The proceeds will be used to settle the debt.

Bad Credit Loans Guaranteed Approval: Can Anyone Be A Guarantor?

For students, it’s often the parents who act as the guarantor. Meanwhile, if you’re over 18 years old, it can be your spouse (as long as you have different bank accounts), another family member, a colleague, or a friend. However, as a guarantor, you should only agree to be one if you truly know and trust the person.

To learn more about what you need to know about being a guarantor or managing your debt, you may visit;

Federal Trade Commission
American Consumer Credit Counseling, Inc.
USA Gov

Apply to Borrow form
$100 to $25,0000*

PERSONAL
LOANS
  • Apply for $50-$1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit
SHORT TERM
LOANS
  • Apply for $50-$1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

How DO I Apply?

How Does It Work?

  • SIMPLE AND FAST The approval of your loan will be granted in just a few minutes
  • SECURE AND GUARANTEE Your details will be safe with us
  • NO HIDDEN CHARGE We will never ask for any additional charges
  • ONLINE TRANSACTION The transaction will be done online. There’s no need to go to the bank anymore.

Must I Have A Guarantor??

This is the kind of loan wherein you could get the cash help you need the same day upon application. It is the kind of loan preferred by most workers who are in need of cash to pay their bills on time.

How DO I Apply

You simply go tour site, find and fill up the application form and send it over to us. You will surely hear from us again in a matter of minutes. We will not ask for any complicated documents and such. Just make sure that you provide us with your updated details and info.

Must I Have A Guarantor??

Payday loans do not require any guarantor at all. Unlike other loans today that does need a guarantor, with online loans, you could get the cash help you need even without one. However, it is important that you have a job or have other means of income so the lender will be able to get an assurance that you will pay them back on time.

What Happens If I lie on My Application?

The lender will be able to trace your record and once found out about your false info, you will not be able to get the approval you need. If you will not provide accurate and updated details such as contact info and other important details regarding your application, you will get more serious issues in the future especially if you wish to apply for a new loan.

What Happens If I
Miss Payments?

There will be the increased rate on your present loan rate if you will miss paying the lender back on time. It will affect your credit score and this could result in further issues in the future. Having a bad record would affect your name and this will cause you troubles in applying for future loans.

Payment Method?

You don’t have to worry about paying us back. We provide the most flexible repayment method that will surely help you out. Our offered repayment method will help you pay us back on time. You can choose the right plan that will match your financial status and needs. We will not charge you unless you forgot to pay on time. But you can always get in touch without lenders so you can arrange the repayment plan that will work best for you.