Guarantor Loans

Unsecured lending in 2012

2012-02-01T12:33:00.000-08:00

The unsecured lending sector is not going to get any easier in 2012 as lenders continue to lick their wounds after a pretty horrendous last 3 or 4 years. In fact the only area that is likely to show some growth over the next few years is the guarantor loans sector as 2011 saw the introduction of a few new lenders in addition to the well established lenders such as TFS Loans.

So why is there sudden interest in guarantor loans?

Well the answer is pretty simple; From a lending perspective, unsecured lending is by far the riskiest of all lending products because it offers no security to the company providing the finance and if the borrower ever did get into difficulties in terms of repaying the loan, it would be very difficult for the lender to recover that money in full. The reason for this is that a lender can only apply pressure to the borrower to repay the loan, however, if the borrower decides not to repay the loan (for whatever reason) there is not a great deal the lender can do about it. You can see more information if you visit guarantor loans faqs.

That is why lenders are tending to move away from traditional unsecured loans as the risks are just too great. Of course there are lenders such as high street banks who are lending and will continue to do so, however they only really lend to ‘vanilla’ clients, ie. borrowers with almost perfect credit histories and of course, post the credit crunch, lots of borrowers are now considered to be ‘sub prime’ so there is even less chance of a borrower obtaining a loan from those sources.

So why is a guarantor loan a better solution?

They are from the lenders point of view because they offer them a greater chance of getting their money back if the applicant / borrower defaults on the loan. This is because if the borrower doesn’t repay the loan for any reason then the lender has recourse to go to the guarantor in lieu of payment. Of course, the lender will not go down this route automatically as they always try and recover the money from the applicant first and give them plenty of opportunities to make a payment, however, if they have to then the lender will approach the guarantor for repayment.

This type of guaranteed loan is an ideal product for lenders because it offers them the security of repayment and in some quarters, guarantor loans are known as sub prime loans to prime borrowers because the borrower is usually classed as a sub prime applicant and the guarantor is usually classed as a prime applicant. This allows people who would not normally qualify for a regular high street loan to get a loan when all other avenues have proved fruitless and whilst the interest rates and APR will be higher for this type of loan, it is still a viable alternative for those millions of UK borrowers who do not fit the traditional high street lending model.

Loan Guarantors Must Be Homeowners

2012-01-31T03:07:00.000-08:00

Whilst it is important for guarantors to have a good credit history, there are other considerations which must also be taken into account before you apply for a guarantor loan and a decent credit history is just one of them.

The main point is that all guarantors must be homeowners so regardless of whether they have a great job earning thousands of pounds each month, the loan cannot proceed without the guarantor owning a property. Now they can live in rented accommodation as long as they own (a mortgage is fine) another property such as a Buy to Let but it is essential that they do have a mortgaged property.

It is also important that the guarantor has maintained their mortgage payments as it is unlikely that a guarantor will pass a credit score if they haven’t. So, getting a guarantor loan isn’t that difficult as long as you are aware of the main criteria points.

New Sourcing System for Guarantor Loans Announced

2012-01-30T09:26:00.000-08:00

Any Type of Loan, the Wirral based guarantor loan company has announced the launch of a new loan sourcing system which will help brokers decide which guarantor loan best fits their clients specific circumstances.

The system, known as Voyager, will be hosted in the cloud and it allows brokers to compare various guarantor loans products against each other to ensure that the end user has the most appropriate product for their needs. The system will take into account broker fees, lender arrangement fees, APR’s and interest rates.

Owner Paula Harrison commented: “We are very excited by the launch of our Voyager system as it will enable consumers to make an informed choice and stop the tsunami of mis-information being provided by various lenders in the guarantor loans market.” Harrison said: “As one of the longest standing guarantor loans providers in the UK, we know what our customers need and we have been delivering value and great customer service for over 4 years now.”

Since their launch in 2008, Any Type of Loan has grown from being a web only lead generation business to a fully fledged packager of guarantor loans and they have plans to launch a new commercial lending business in mid 2012.

Harrison also commented: “This launch is the first chapter in a series of exciting new developments that will encompass commercial, secured and debt management opportunities in 2012.

Press Contact:

Paula Harrison
Any Type of Loan
Telephone: 0151 343 3791
Email: enquiry@anytypeofloan.co.uk
Website: http://www.anytypeofloan.co.uk

Guarantor Loans Merseyside & North Wales

2012-01-30T07:59:00.000-08:00

Looking for a loan, secured, unsecured or guarantor? If so we can help as one of the UK’s biggest and best providers of loans, we will always do our best to help you get the loan that you need and we will not charge you a single penny upfront to do so.

Loans can come in many different shapes and forms and to navigate yourself around the maze and confusion, you need to speak to a company that can help you decide which loan is best for you and more importantly, a loan that you can afford. What a lot of loan companies don’t even consider is this:

Can their client actually afford the proposed loan?

Now I’m guessing that the answer (privately at least) is that they don’t care either way, as long as the client gets a loan then that is fine. Our view as a responsible loan provider is that we need to establish that clients can afford their loan and if they cannot, then we will not be able to provide them with a loan, regardless of whether they have a guarantor or not. A guarantor simply ‘endorses’ the loans, they have no impact or influence on whether the applicant can repay the loan or not, their job is to step in and take up the repayments if the applicant can’t.

If you live on Merseyside then feel free to drop in and see us as we could complete your loan application in the office in just a few minutes. Just bring a form of ID and address verification and we will put you through the guarantor loan process and arrange for you loan to be paid out to you within a few days.

Guarantor Loans in Scotland

2012-01-30T07:39:00.000-08:00

Guarantor loans are now available to Scottish borrowers up to a maximum loan amount of £7,500. previously, the lenders we dealt with would not allow lending to take place in Scotland, even with a guarantor, due to the different lending rules that apply.

The other main problem is that the Land Registry system works differently in Scotland. Unlike mainland England and Wales where you can check the Land Registry online and get the search results back in a matter of seconds, there is no such system for Scotland as they operate a more manual process and it can take up 48 hours to get the results back. Combine this with the fact that completing a Land Registry search costs more for a Scottish property.

However, all that aside, we have now found a lender who will lend in Scotland to applicants that have a suitable guarantor and the lending criteria is exactly the same as it would be for English and Welsh applicants. The criteria is as follows:

Applicant

18 to 69 and employed for a minimum of 3 months. Loans can be taken over 24 months all the way up to 60 months.

Guarantor

23 to 69 and employed for a minimum of 3 months. They must be a homeowner and must have a fairly good credit history (although it will be difficult for you to know if they have or not). The thing that will determine how much you can borrow will be the guarantors credit score and as it is done on a sliding scale, the amount that the applicant can borrow will be determined by the guarantors credit score; The higher it is, the more the applicant can have.

We will call both the applicants and the guarantors employers to confirm that they work there (we don’t have to speak to either; as long as the employer confirms they work there then that is fine). Once all of the checks have been done, the loan is transferred to the applicants bank account.

To find out more just apply by using our online loan application.

Why you will never get approved for a loan in 2012

2012-01-27T02:38:00.001-08:00

The financial landscape changed forever in 2008 when the credit crunch kicked in and started to impact everyone's lives. A lack of funding options, a lack of lenders and a much tighter lending criteria for those lenders that did remain in the market made life extremely difficult for people looking for finance, and it's been pretty much the same story since then. Well, the news is, it is about to get much, much harder to borrow money in 2012.

Almost everyone in the developed world has been affected by the global recession, and the financial crisis shows no signs of coming to an end in the short to medium term. Rich person, poor person, homemaker, student, no matter who you are, the credit crisis has affected people from all walks of life regardless of their social status. However, it affects those on low incomes much more than any other demographic as most loan products are designed for people on tight budgets. That said, it appears everyone has a story to tell and the problem is that in 2012, things are not going to be any better.

Why?

Because those lenders operating in the unsecured loans market are already experiencing losses on loans they granted in 2011 and in the lending industry, arrears on a loan or mortgage are considered to be the worst kind of credit problem. Any fool can lend money (so the saying goes) but it takes a smart person to get that money back off the borrower and lenders earn nothing if borrowers do not repay their loans. This makes lenders very, very nervous about lending further sums, particularly to the low-income individual that typically applies for an unsecured loan.

Of course, lenders add a premium to the cost of borrowing but even so, if someone cannot or will not repay their loan then it doesn't matter how cheap the repayments are, the fact is that some borrowers have no intention of repaying their loan from the moment they take the loan out. This means that lenders are now becoming more wary of lending to people on an unsecured basis and already a number of lenders have stated their intention to restrict their lending activities and in a few cases, pull out of unsecured lending permanently.

If they do, then this move will be absolutely disastrous for those people who need credit the most, and worse still, it will make it almost impossible for anyone with a less than perfect credit history to get approved for a loan in 2012.

Martin is a consultant for the UK's leading Guarantor Loans company and is a well known author of all things financial services related.
You can find out more by visiting http://www.anytypeofloan.co.uk

Article Source: http://EzineArticles.com/?expert=Martin_X_Harrison

Guarantor Loan News Round Up

2012-01-26T02:50:00.000-08:00

We have posted quite a bit on this site since we started in 2008 so to save you searching through over pages and pages of content, we thought we would round up all of our most popular news items and frequently asked loan questions. So, in no particular order, here is a list of our most popular guarantor loans articles.

Please feel free to have a browse and if you have any questions then please call us on 0151 343 3791 or email us at enquiry@anytypeofloan.co.uk.

New press release for Any Type Of Loan

2012-01-25T02:28:00.001-08:00

http://prsync.com/any-type-of-loan/new-sourcing-system-for-guarantor-loans-announced-406840/

New press release for Any Type Of Loan

2012-01-25T02:25:00.000-08:00

http://prsync.com/any-type-of-loan/

Guide To Credit Scoring

2012-01-24T08:28:00.001-08:00

Many people get confused between credit scoring and credit searching, yet they are two very different things and we will explain the differences between them.

Credit scoring
Credit scoring is used whenever a credit lending decision has to be made on an individual (or company) applying for a loan, mortgage or other form of credit. Depending on who the credit reference agency is, the credit score will reflect a set of values and attach a score to those values.
Example
Mr Jones applies for a guarantor loan of £7,500 and offers his father, Mr Jones Senior as his guarantor. The company (broker or lender) will then credit score the guarantor with one of the three main credit reference agencies such as Experian, Equifax or Call Credit. Now this is the most important point to note; Each of the three credit reference agencies have their own scoring system and this is why people get confused by their credit score. For example a score of 400 could be considered to be quite high with Equifax but it would be considered low for Experian simply because both companies operate vastly different scorecards and systems, although both will use the same information. That’s why it’s important to note that a score with one company will be different to another company however, they will both mean pretty much the same thing and each score can ONLY BE ASSESSED in the context of the credit reference agency that has issued the score.

Phew!

You still following?

In a nutshell, it means that you should only interpret your credit score in the context of who issued it; Equifax, Experian or Call Credit.

The next part of this process to consider is that each lender or credit provider will determine how much you can borrow based on the credit score achieved. So for example, you score 999 with Experian and one lender may allow you to have a guarantor loan of £4,000 and another guarantor lender may cap the loan at £2,500. The decision on how much they will allow someone to borrow is determined by the score and each lender will have their own lending limits and restrictions. In addition to this, most of the credit reference agencies will complete what is known as a CAIS search on an individual. This means that the lender carrying out the credit score will be able to see your exact payment history in detail. So for example they will see every month of your credit card payments or other credit agreement repayments. This helps them to understand if an individual is having an ongoing credit problem or even if the credit issues are historic and not of much concern anymore. That means that every time you are late or miss a repayment, it will show up on this credit score report.

Credit Search
This is similar to a credit score with the only real difference is that the ‘score’ element of the search is left out. A credit search will only show the individuals recent credit history such as transactions, previous credit searches and public notices such as County Court Judgements and Defaults. It will still help a lender make a credit decision but the lender is really left to their own devices to make this decision as they will get no help from an automated score.
Whichever route your lender goes down, the important thing to remember is that every single transaction or application for credit will be recorded and it is important that you maintain a ‘clean’ credit history to get accepted for any form of credit.

Avoid being ripped off by loan companies

2012-01-23T02:42:00.000-08:00

There can’t be another industry in the UK that has received as much bad publicity as Financial Services and in particular, the loan industry. For the most part, a lot of criticism is justified because of the ongoing upfront loan fee scam, hidden charges, excessive APR’s, etc but there are also a lot of firms in the UK who do a lot of good for their clients and only have their best interests at heart.

Of course, every industry is going to have its rogues and con men, the important thing to do as a member of the public is to do your homework. Make sure that any loan company you want to deal with (guarantor loans, tenant loans, etc) you check their following credentials:

They have a Consumer Credit Licence (CCL). You can check to see if a company has a valid licence here at the Office of Fair Trading’s public register.
They are registered with the Information Commissioner. You can check to see if they are registered by visiting their public search site at the Data Commissioner’s office.
They have been trading for a significant period of time.
They publish a full address and full UK contact details on their website.

If they don’t have any of these things then avoid at all costs.

How to apply for a guarantor loan

2012-01-20T06:01:00.001-08:00

It really is as easy as 1, 2, 3. Most guarantor loan companies advertise online so all you have to do is search on your browser of choice and put something like, “I need a guarantor loan” in the search box.
Then when the various loan providers come up in the search results, simply apply for a loan using their online forms or telephone them (btw, avoid the any company that does not have a telephone number)

It is also important that you check each company is licenced by the Office of Fair Trading (OFT) and that they are also licenced to hold data on individuals. This is important because your personal information is important and sensitive and it could be dangerous if it falls into the wrong hands.

And finally, please make sure that your guarantor is aware of what they are getting themselves into because a guarantor loan is not something to be taken lightly and no repayment of the loan by the applicant will lead to the guarantor taking on the responsibility.

As with anything finance related – be careful and do your homework!

10 great reasons to use a loan guarantor

2011-08-29T05:22:00.000-07:00

A loan guarantor is someone who puts themselves forward to back up the loan application of someone else. So in other words, Applicant A applies for a loan and receives the loan amount and also makes the monthly repayment. The guarantor simply ensures that if the monthly payment isn’t made or the applicant doesn’t repay the loan that he or she will, effectively guaranteeing the loan to be repaid, hence a ‘guarantor loan’.You can see a list of guarantor loans questions here.

Here we will look at 10 great reasons why you should consider a guarantor loan.

1. You have a bad credit history or a history of poor credit.

2. You are receiving benefits to ‘top’ up your monthly earned income

3. You are a student who only works part time.

4. You need to get money to pay for your 1st month’s rent and rental deposit

5. You are not old enough to qualify for a loan (some lenders insist you need to be 21 years of age to qualify)

6. You want to repair your credit history.

7. You do not have any credit history at all (this is a problem for people who have never taken any credit before and can be as problematic as having a poor credit history.

8. You are a tenant and do not own your own property.

9. You are a foreign national who does not have any credit history or is unable to obtain any credit due to not being in the UK long enough.

10. You simply do not want anymore credit searches to show up on your record.

As you can see, there are a number of good reasons why you should consider a guarantor loan and there is no longer any stigma attached to getting a loan with a guarantor. The other thing that has changed with the advent of this type of loan is that most loan providers will now lend up to £5,000 and can even pay the loan directly into the applicant’s account, not the guarantor’s.

In terms of paying the loan back and in particular, if an individual gets into difficult repaying the loan, then lenders have a moral and ethical responsibility to ensure they give borrowers every opportunity to repay the loan and they must work closely with the borrower to work out an appropriate repayment plan for the loan. This may even require the lender to accept a smaller repayment figure each month which may be achieved by suspending or reducing the interest payable on the loan after all, the whole point of lending money is to ensure that the money gets repaid otherwise lenders will not make any money at all!

The final thing to note is that many loan providers will pretend to find you a loan and then tell you to pay a fee for this ‘loan finding’ service. Please don’t fall for that because it is absolute rubbish and a con and you are unlikely to get your cash back and worse still, you still won’t get the loan you originally applied for!

Brand new Guarantor Loans lender launches

2011-08-28T06:20:00.000-07:00

The unsecured loan market remains unstable in so much that the lack of lenders currently available to borrowers is so limited that trying to get accepted for a loan is very, very difficult. Some lenders reject up to 60% of all loan applications that they receive and for borrowers with poor credit, the situation is partuclarly difficult.

Guarantor loans provider Any Type of Loan is launching its own direct lender and has sufficient funds to lend for a minimum of 18 months based on its current levels. Lending criteria has been adapted so that borrowers with bad credit can also apply for a loan and even for new borrowers, loans are available up to £5,000. In addition, loans with a guarantor will also be made available from £250 to £999 and for amounts up to £500, the money will be deposited into the clients bank account on the same day of application.

For more information just visit the guarantor website at http://www.anytypeofloan.co.uk.

Unsecured guaranteed loan

2010-04-22T03:59:00.001-07:00

Here at antypeofloan.co.uk we pride ourselves on our service.
We do not charge you a fee. We do not promise things we can’t deliver.
All we do is offer you market leading loans such as our famous guarantor loan product and endeavour to always find you the cheapest, most suitable loan for your circumstances. There are no [...] http://bit.ly/dBoWzk

Guaranteed unsecured personal loans

2010-03-14T01:14:00.001-08:00

If you are looking for a loan and think you may get refused because of a poor credit history then think again. We have access to a special loan scheme that allows anyone regardless of their credit history to obtain a loan and the best thing of all, we do not charge a fee, either [...] http://bit.ly/c0OTYS

Apply for a poor credit loan

2010-03-13T02:04:00.001-08:00

Applying for a poor credit loan could not be easier with loansquickly.co.uk. All you have to do is complete this form here and we will call you straight back.

First Name(required)
Surname(required)
Mobile(required)
Home Tel.
Work Tel.
Email(valid email required)
Postcode(required)
Loan Purpose||
Debt consolidation
Home improvements
Car
Holiday
Other
(required)
Loan Amount(required)
Do you have a Guarantor?
Yes
No
(required)

cforms contact form by delicious:days
Have bad credit and need an unsecured loan? In need [...] http://bit.ly/bKWI32

Apply for a guarantor loan

2010-03-12T07:17:00.001-08:00

We have access to a fantastic new Guarantor Loan product that allows borrowers with a poor credit history to obtain a loan of up to £3000. As you know, we are number 1 on Google for guarantor loans and we pride ourselves on being able to offer our customers the best range of loans, whether [...] http://bit.ly/ciY7JE

All about guarantor loans

2010-02-04T11:11:00.001-08:00

Looking for a loan?
Have bad credit?
Been refused for a loan elsewhere?
Then if the answer to all three of the above questions is YES then we can help you. A guarantor loan is the same as any other loan, the only difference is that if you decide you don’t want to repay the loan or you [...] http://bit.ly/bm77JS

Guarantor loans explained

2010-01-22T11:36:00.001-08:00

Guarantor loans are special loans that allow people with a poor credit history (even an absolutely terrible credit history!) to obtain a loan of up to £3000 and assuming you find someone applicable to endorse your application (the guarantor), then you are guaranteed to get accepted.
A guarantor loan is an unsecured loan which means that [...] http://bit.ly/72kAmx

Guaranteed loans

2010-01-21T05:36:00.001-08:00

We can help you if you are looking for a guaranteed loan and we will also guarantee not to charge you an upfront fee for any loan application. This product is ideal for those people who are looking to repair their credit and rebuild their credit history as it enables people with the worst forms [...] http://bit.ly/4xjBr5

IVA training

2010-01-20T07:33:00.001-08:00

If you have ever thought of becoming a debt management consultant or introducing debt management and IVA deals through to a debt management company, then here at IVA training we can help you understand more about the process.
After you have received our debt management training you will be able to find and refer debt management [...] http://bit.ly/65NyR1

What is a poor credit loan?

2010-01-16T08:28:00.001-08:00

Ever wondered what a poor credit loan is?
A poor credit loan is the same as any other loan in that it allows people to borrow money so they can fund the purchase of a car, pay off some debts with a debt consolidation loan or just use it to make some home improvements. The loan [...] http://bit.ly/6vMCXU

Apply for a poor credit loan

2010-01-14T13:19:00.001-08:00

If you want to apply for a poor credit loan with loansquickly.co.uk, you can be sure of a few things.

We will treat your application with complete confidentiality.
We will search the whole market and ensure we get the best rate for your specific circumstances.
WE WILL NEVER CHARGE YOU AN UPFRONT FEE TO APPLY FOR A LOAN.
We [...] http://bit.ly/7dTdgi

Loans Liverpool

2009-12-26T14:15:00.001-08:00

We help Liverpool residents who are looking for a loan and you can find us in plenty of online directories under the heading of Liverpool Loan Company. Not only do we supply loans to Liverpool residents but we also provide Free debt advice through one of our sister firms, Debt Help Online.
We specialise in Guarantor [...] http://bit.ly/5GYqMf

Debt help Manchester

2009-12-22T08:08:00.001-08:00

We are a Manchster based debt management company and we offer free debt help to Manchester residents.
Although we are based in Manchester, we operate on a national basis and of course we also have an online presence which helps us to reach out and help more and more clients with severe debt problems. Debt problems [...] http://bit.ly/8hStQY

loan no upfront fees

2009-12-20T02:13:00.001-08:00

Many brokers charge fees to their customers for leads that don’t materialise but if you are looking for a loan with no upfront fees, anytypeofloan.co.uk can help you as we never charge customers a fee, upfront or otherwise.
Loan brokers that charge an upfront fee to customers are in our opinion, nothing more than scam merchants [...] http://bit.ly/4JxfOR

What is a logbook loan?

2009-12-19T08:13:00.001-08:00

A log book loan is a loan that can be offered to an individual based on the value of his car. As long as you are the owner of the car and you are over the age of 21 then you can usually borrow up to 75% of the value of your car. The great [...] http://bit.ly/8T63Nc

Loan in Manchester

2009-12-19T05:12:00.001-08:00

If you in Manchester and looking for a loan, then anytypeofloan.co.uk can help you. We provide loans for all types of reasons and for all types of applicants and WE NEVER CHARGE FEES!
We are specialists when it comes to tenant loans and other forms of finance such as unsecured tenant loans, bridging loans and payday [...] http://bit.ly/5tpujq

The easy guarantor loan

2009-12-17T09:11:00.003-08:00

Every person has a need of some sort but it is not necessary that everyone have the resources to meet those needs. Some may have the resources but the greater percentage of the population will not have the resources but this does not mean that the needs should not be realized.
The possible solution to that [...] http://bit.ly/7QgLkC

Do Guarantor loans really work?

2009-12-17T09:11:00.001-08:00

Well, the answer to this in a nutshell is yes they do. It’s important that you understand the concept of a guarantor loan and also understand that if you are being the ‘guarantor’ part of the guarantor loan, that fully appreciate the role you will play in the application.
Remember
Our panel of brokers are experts in [...] http://bit.ly/8k3iY2

Poor credit loans company

2009-11-25T03:33:00.001-08:00

We provide UK borrowers with poor credit loans. Even if you think you have a pretty terrible credit history, we can help you as we deal with every lender in the UK so a bad credit history doesn’t matter, particularly if that only involves a few late payments or missed credit card payments.
The thing about [...] http://bit.ly/5dXF7s

A poor credit loan

2009-11-18T01:58:00.001-08:00

If you are in need of a poor credit loan then you have come to the right place as we deal with lenders and loan providers who specialise in offering loans to people with a bad credit history.
We help thousands of people get a loan even if they have been turned down elsewhere and really [...] http://bit.ly/3Rn5Lv

All about poor credit loans

2009-11-14T02:56:00.001-08:00

We provide poor credit loans to UK borrowers.
Whether you have a history of bad credit such as missed or late credit card payments, mortgage or rent arrears, county court judgements (CCJs) or defaults, we can help you as we deal with every single lender in the UK and have access to special loan schemes and [...] http://bit.ly/2JNUOh

Use an IVA to avoid bankruptcy

2009-11-05T03:04:00.001-08:00

You can use an IVA to avoid bankruptcy. Although it may seem like an easy solution to major financial difficulties, it is best to avoid bankruptcy at all cost. There are many reasons for avoiding bankruptcy and many tips for helping those in financial difficulty avoid resorting to bankruptcy. Before beginning to consider bankruptcy, it [...] http://bit.ly/1MrYNo

Tenants loans

2009-11-01T11:54:00.001-08:00

Tenants loans are exactly the same as any other unsecured loan, it just means that you do not have a house to offer as security for your loan which is why they are called tenants loans. Confused? Then read on!
When a lender offers you a loan, they need to be as certain as they can [...] http://bit.ly/2SFfMb

No fee loans uk

2009-10-31T11:58:00.003-07:00

http://bit.ly/2sD3Jy

Poor credit tenant loans

2009-10-31T06:54:00.001-07:00

A tarnished credit history is a big problem in taking out a new loan. This is because of the risks attached in making a deal with borrowers from a lenders perspective. Hence, they have few options than to find out poor credit tenant loans, which are designed for all types of tenants including those living [...] http://bit.ly/2HBPlL

2009-10-30T06:53:00.001-07:00

Just reading about Assisted Voluntary Sales at http://ping.fm/qtUrm

IVA help & guidance

2009-10-29T15:08:00.003-07:00

Are you looking for IVA debt help?
Are your debt problems getting you down to the point that you feel there is no way out?
We know how you feel which is why we can help you get out of the debt cycle once and for all. Whether you choose a debt management plan or an individual voluntary [...] http://bit.ly/3dsGbw

IVA

2009-10-29T15:08:00.001-07:00

Are you looking for an IVA?
Not sure what they are and what they can do for you?
Well you have come to the right place. Here at The Money Men, we have been online since 2001 and we can help you with debt management services such as IVAs, debt consolidation loans and other debt problems like dealing [...] http://bit.ly/4BBIcy

Free IVA advice

2009-10-29T10:18:00.001-07:00

When you are suffering from severe debt problems, the last thing you need is to pay for debt advice upfront which is why we offer free IVA advice. It cost nothing to call or email us with your debt issue and we guarantee to treat you with respect, sympathy and we always maintain complete confidentiality for all [...] http://bit.ly/4y46Cd

Poor credit loans – a word of advice

2009-10-29T04:07:00.003-07:00

Advice on poor credit loans
At last the financial industry is beginning to accept that not all consumers are going to have a great or even a good credit score. As the expectations lower, a lot of borrowers are finding that they are able to get hold of a poor credit loan even though there are [...] http://bit.ly/sb5xB

All about poor credit loans

2009-10-29T04:07:00.001-07:00

Poor credit loans
There are many new types of loans available for financing your new home purchase and even if you have poor credit it will be ok.
Determine the length of the loan. You have a few options such as 15 years, 20 years or 30 years. There are even some circumstances when the loan can [...] http://bit.ly/4dFgdb

Guarantor loans

2009-08-01T03:28:00.000-07:00

We offer guarantor loans to people from all over the UK. A guarantor loan is similar to other types of unsecured loans in that you do not need to have a property to offer as security for the loan. This means that if you didn’t pay repay your loan for any reason, then the loan company could repossess your house, sell it and then get their loan back from you the proceeds of the house sale. Unsecured loans like tenant loans, guarantor loans and car loans are often quicker and simpler to apply and obtain and the whole process is fairly painless.

The only downside of an unsecured loan is that because there is no security such as a house being offered to the lender, obtaining an unsecured loan can be a lot more difficult because if you don’t repay your loan, the lender has no way of getting their money back. This means that banks and loan providers often make sure that the only people they lend money to are people with a good credit history as anyone with bad credit will simply get turned away for being a bad risk

However, if you applied for an unsecured loan with a guarantor, then you are almost guaranteed to be accepted because the credit check is carried out in the guarantor, not the borrower, so even if you applied for a loan and you had terrible credit with a history of missed payments on cards and other loans then the lender will still accept you simply because if you don’t repay the loan for any reason, then it will be the guarantor, not the borrower who has to repay the total loan. So in effect, a guarantor loan becomes a completely risk free product for the lender.

There are certain stipulations as you would expect, if you are looking to apply for a loan with a guarantor. The guarantor must be in full time employment or have a regular passive income like a pension and they must have a decent credit history with none of the issues regarding poor credit that I mentioned earlier. Then all that happens is that the borrower gets the loan paid into their bank account and makes the payments every month and the only time that the guarantor comes into the equation is when the borrower can not or will not repay the loan. Then it falls to the guarantor to repay the full loan amount outstanding.

As for who can become your guarantor, well again that is pretty starightforward. It can be a family member, friend, colleague or even a neighbour, in fact anyone can be put forward as long as they agree to the loan terms and conditions and obviously understand the risks and their responsibilities if the borrower can’t keep up the repayments on the loan.

Guarantor Loans UK

2009-06-24T12:48:00.000-07:00

Hi and welcome to the UK's guarantor loans specialist.

We will aim to take the mystery out of loans and mortgages and help you understand that there is a simple, quick way to obtain the loan that you want. We operate a number of loans websites in the UK, each one of them geared towards a specific part of the loans industry and we have outlined each one of them below, and their speciality.

Guarantor Loans. As mentioned earlier, this site specialises in guarantor loans for people who may be struggling to get accepted for any type of loan in the UK. If you are one of these people then visit the site for more information on how a guarantor loan works.

Tenant Loans. A tenant loan is slightly different than a secured loan because it does not involve a house as part of the loan. What we mean by that is that the customer will not offer their house as security against the loan, in other words if the loan is defaulted then the lender could repossess the house in lieu of the loan repayments. On a tenant loan, this does not apply.

Loans for poor credit people. This site is really what the name suggests, a site for people with poor credit that have been refused absolutely everywhere else. The rates may not be cheap but when you have been refused by every UK bank, building society or loan lender, we really are your only choice.