Bad Credit No Guarantor

£100 - £5,000 paid out by 01:41am

How much would you like?


Representative 669.35% APR

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £5000.
*Omacl will not perform a credit check but lenders will determine your loan eligibility by performing a soft search. If you accept the loan offer presented to you, a hard credit search will be performed.

How to find the best bad credit no guarantor loan?

You may feel that if you are looking for a bad credit no guarantor loan, then you will not have a lot of choice. The good news is that there are a lot of lenders available these days. This means that you are more likely to find a loan which suits your specific needs, but it can mean that you will have so much choice, that it is hard to know where to start. It is therefore worth thinking about the factors that will influence your decision.

  • Cost/price/interest rates
  • Repayment terms
  • Reputation of lender
  • How much they charge if you do not repay
  • Customer service

These are just some examples of things you may want to look into. It is worth thinking about whether there are any other factors that you may want to consider as well. However, this list is important and it is worth bearing that in mind but also thinking about which you think might be the most important and which the next most important. This is because you will need to use them as a way to pick between the different lenders that you come across.

Omacl is rated 4.85 stars by based on 13 reviews

Cost/price/interest rates

As we all know, it costs money to borrow. Even cheap payday loans. It can therefore be important to understand how much items cost and think about how you can pick the ones that are the cheapest so that you save money. With a short bad credit no guarantor loan, you will generally be charged interest and fees. It can be easy to see how much though as a lender will need to tell you exactly how much you will repay, depending on how much you want to borrow and therefore you can calculate the cost. You can then see which of the lenders will be the cheapest for you.

How much would you like?

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Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable). 

Repayment terms

It is worth making sure that you are aware of the repayment terms. Some short term loans have to be repaid in a lump sum and this can be difficult for some borrowers to manage. Therefore look carefully and see whether you repay in instalments or in one lump sum. This could be important to you as it will determine how easy you find it to manage the repayments as well as how well you will cope financially with your other outgoings, once you have had to make that repayment. If you have more than one repayment, this could end up dearer for you. However, it will enable you to think about what you can afford and ensure that you will be able to manage the repayments.

cheap payday loans

Reputation of lender

Some people will want to make sure that the lender they use has a good reputation. You will be able to do some research on them online to find out more about them. You should also be able to find more facts about them on their website.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £5,000
No hidden fees
Chance of getting approved?
High approval
What are the repayment terms?
1 - 36 Months
No paperwork.
How do I apply?
Apply Online
2 min Application
Do I need to pay back a lump sum?
Easy repayments

How much they charge if you do not repay

It is wise to also look at the terms and see how much they charge if you miss a repayment as this can be quite pricey, particularly if you think that there is a risk that you may do this. There may be fees involved or an increased interest rate or both. It is good to just be aware of this and see whether there are any significant differences between the different lenders. Like all lenders they will all charge, but they may differ in the amounts.

Customer service

If you need to get in touch with the lender, then it is important that they have a customer service set up. You want to be able to talk to someone and have any questions or queries answered and to get any help that you need.

find small loans

This may seem like a big effort, but you can make it easier on yourself. You can use us,  Omacl who will find small loans for you. You complete the details of what you are looking for in the loan and they will come back with suitable suggestions of loans. This will cut down your time a lot. You can then look into more detail at those suggested loans and you should be able to make a choice much more quickly.

Warning: Late repayment can cause you serious money problems. For help, go to Omacl is a broker, not a lender, and does not make credit decisions.