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Risk Free No Guarantor Loans in the UK For Unemployed

Everyone knows that there is a wide range of loan options for people who are in paid. This cannot be said of people who are in search of a job. If you are living in the UK and have some financial difficulties to contend with while still unemployed, are there loans you can take to solve such problems?

The unemployed people in the UK can take advantage of these loan options to take care of their personal finances, no guarantor loans for poor credit are unsecured and don’t span over a very long time. However, you can find direct lenders that offer long-term bad credit loans, such as 12-month loans for bad credit with no guarantor. Before borrowing long term loans for bad credit in the UK, make sure that there aren’t a hefty early repayment fee, as long term lenders usually rely on the extra interest that they make on loans that have a long duration.

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You can apply for a loan with bad credit, but you may not qualify for the lower rates of interest that are available to people with better credit. Basically, having a good or bad credit rating is a measure of how good you’ve been at repaying the credit. Having poor credit suggests you’re a higher risk, so the price of the loan reflects that. The applications for loans with no guarantor is quick and straightforward, these loans are best suited to emergency expenses. For example, an unexpected car repair or boiler breakdown will need fixing as soon as possible, so a quicker application process is desirable.

Here is how it works. You can give us a call or book an appointment in one of our London based branches, or simply apply on our website. You are eligible if you live in the UK and you are more than 18. If you apply online, our promise is to get back to you within 24 hours, but usually respond much faster, within a few hours. We know that getting an answer fast is important for you to make the right decision with your finances.


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