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My Financial Broker is a credit broker and not a lender. Warning: Late repayments can cause you serious money problems. For help, go to

No Guarantor Loans

No Guarantor Loans



489.4% APR

Representative Example: On an assumed loan amount of £750 over 12 months. Rate of interest 191.2% (fixed). Total repayment amount £1726.68 and total interest is £976.68. 12 monthly payments of £143.89. My Financial Broker is a broker, not a lender*.

* As a broker, we are unable to ascertain exactly how many customers take out a loan or the lender’s rate of interest particular to that customer, therefore our calculation is based on the mean APR of our panel of lenders.



What are No Guarantor Loans?

No guarantor loans are a type of unsecured loan that don’t require you to find a family member or friend to co-sign the loan. Applying for a no guarantor loan means you are able to apply to borrow money without a finding a guarantor to complete the loan application.

Loans without a guarantor are commonly used for personal, lifestyle and emergency purposes. This includes things like weddings, new cars, business requirements and even more pressing things like debt consolidation, household emergencies and vehicle repairs.

When you need a loan you can apply for a loan with no guarantor. This means another party is not required to agree to you borrowing from a lender, sign the agreement with you or be responsible for repayments should you be unable to pay.


How to Get a Loan With No Guarantor

To get a loan without a guarantor, you should first avoid applying with certain lenders and brokers that exclusively work with direct guarantor lenders. Next you should see what your options are: if you have a good credit score, you may be able to get a personal loan from a high street bank or an online lender.

However if you have poor credit history, then getting a loan without a guarantor is more difficult. You may want to consider a short term loan or a bad credit personal loan, both of which come with a higher APR, but without the need for a friend or family to cosign the loan agreement with you.

At My Financial Broker, we can find you a lender online that offers loans without a guarantor!

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How to Apply

  1. Start by considering how much you want to borrow, and the duration of the loan, then click on the apply now button below.
  2. Fill in the necessary details on the application form – these will include a few personal details, information about your income and expenditure, the name of your employer, and your bank details.
  3. At this point you will receive an instant decision on the screen. If approved, you should see an offer from one of our partnered lenders.

You may have the option to repay your loan early from one of our partners, and you will typically save money for doing so because you have accrued less interest overall. Repaying on time or early can also help improve your credit score, as it shows you’re able to manage your money well.


Types of Loans That Don't Require a Guarantor

There are many types of non-guarantor loans for different situations and people of varying credit histories. When you apply for a loan without a guarantor required, you are just working directly with the lender and there is more financial freedom. Below are some of the types of credit you can get that don’t require someone to cosign the loan agreement:

  • Peer to Peer Loans
  • Personal Loans
  • Payday Loans
  • Business Loans
  • Doorstep Loans

Most loans without a guarantor are unsecured loans, which means you don’t need any collateral, though you can also get secured no guarantor loans.


Getting Approved If You Have Bad Credit

Finding a loan with or without a guarantor can be challenging if you have bad credit, as there are fewer options available to you. We work with several direct lenders who consider loan applications from people with bad credit.

Our partners do not expect customers to have a perfect credit score, but instead want to see a steady flow of income, regular employment, and a desire to make future payments on time.

Lenders understand that many people do have a poor credit score and need to borrow money with a guarantor, so if you can demonstrate your affordability and can prove you have a record of making repayments on time, you are much more likely to be approved.

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Benefits of Loans Without a Guarantor

There are numerous benefits to taking out a no guarantor loan, from additional flexibility to not needing to rely on anyone financially. Guarantor loans can be a good option for some people though – it’s up to you to carefully consider whether having a guarantor suits you.

No Burden of a Guarantor

Sometimes finding a friend or family member to agree to be your guarantor can be difficult, since you need someone who is willing to back you financially and agree to make payments if you default. When applying for a loan, you have peace of mind knowing that you are not burdening another person to be your guarantor or being pressured. By working with the direct lender, you feel more in control of your money and the entire process from start to finish.

Simple and Fast Process

Our online application form is simple, and should not take more than a few minutes to complete. You’ll get an instant decision, and won’t need to worry about confirming any details with a guarantor before continuing.

No Risk of Losing Assets

No guarantor short term loans are almost always unsecured loans. This means that you won’t need to use your property as collateral when taking out the loan. With a secured loan, you run the risk of your assets being repossessed if you are unable to keep up with the repayments.


How Quick Can I Get a No Guarantor Loan?

Loans that don’t need a guarantor are typically paid out on the same day, and sometimes within 1 hour of approval. When you need to borrow money online you can apply for payday loans with no guarantor. Once you have completed the application process on our website and have been matched with a lender, they will conduct some final checks to verify your eligibility.

This includes some basic credit checks and affordability checks to confirm that you can afford the loan without falling into financial difficulty. Once approved, lenders will usually have access to a faster payment system and can transfer funds to your bank account quickly.


Apply Now