Here at CashFlex, we provide both guarantor and no guarantor loans for those who do not require themone. Whatever your circumstances, we can find you the right type of loan from our panel of lenders. Our market-leading comparison tool enables us to quickly compare the interest rates and terms of a variety of options.
Guarantor loans are a popular form of lending, especially for those with a poor credit rating and who have struggled to borrow in the past. With a guarantor loan, instead of basing the lending decision solely on your circumstances, a guarantor is also considered.
The person which acts as a guarantor co-signs the loan application and becomes responsible for repaying the loan, if the main borrower falls behind with repayments. In many situations by reducing the risk in lending to you, it is possible to benefit from lower interest rates with guarantor loans.
If you are looking to borrow between £100 and £5000, we will be able to match you to the ideal lender. Whether you have a perfect credit score or have struggled to obtain credit in the past, we have a variety of lenders which specialise in guarantor loans. The loans are designed to fit with your requirements, so you can choose repayment terms from 3 months to 3 years. Although, if you borrow more than £1000, the minimum repayment term is 12 months.
Our application process is designed to be as simple as possible, you can apply online from your phone, tablet or computer. The whole process will take just a few minutes and in some situations, the funds could be sent to your bank account within minutes. Although, the final funds' availability will depend on the processing speed of your bank.
To complete the application, you will need to be a UK resident, have regular income and be the holder of a UK bank account with a valid debit card. The guarantor for your loan will also need to meet the eligibility criteria and it is important that they also have this information to hand.
Once you have completed the application we will pass your details across to our panel who will conduct a soft credit search to see if you are eligible for a loan and you will be presented with a loan option that will be right for your circumstances. This may be one of the guarantor loans options that is available.
You will then be provided with the most competitive loan offer available. There is no obligation for you to proceed with the application and our service is completely free of charge to you. If you decide to accept the quote, the lender will conduct a final hard credit check.
As with all loans, you should consider the impact and affordability of the loan repayments. It is also important to understand that both you and the person standing as your guarantor understand the terms and conditions. To discuss your financial situation and to gain free advice, we advise that you contact The Money Advice Service and Step Change.
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You are age 18 and a UK resident
You have a regular income
You have a valid UK bank account with an active debt card
Why choose us
Sometimes, the unexpected happens that means you need money fast. Here at Cashflex we offer a user friendly process to help you find same day loans in a responsible and affordable way.
The exact amount you can borrow depends on your personal circumstances and can differ by lender. You can apply for a loan between £100 and £5,000
This is dependent on the amount that you wish to borrow. The repayment terms can be: 3 months, 6 months and 12 months to name a few, ranging right up to 36 months.
Yes. If you are unsure you can use our FastCheck tool to find out your loan eligibility.
Representative Example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative.
We’re a fully regulated and authorised credit broker and not a lender.