There are a number of payday loans companies out there on the market including wonga.com who will loan you money regardless of your credit rating. This means you can receive anything up to £1000 sometimes into your bank account but you will have to repay the loan at an inflated APR rate which is clearly stated. So, for example, if you take out a loan of £1000 for a week it is likely the APR will be sometimes more than 1500 per cent due to the short length of the loan. These are now popular because as money is tight this is a quick fix cash solution, provided you have the money to repay loans.
One such company who can offer up to £3000 unsecured loans is www.no-credit-checking-loans.co.uk/ According to their site, you will no longer be refused an unsecured loan just because you fail to get the right credit score. Instead of lenders checking credit rating and leaving credit footprints on your record if you are able to find someone whether it’s a parent, other family member, close personal friend or co-worker, to support your application then the likelihood is that you will qualify for an unsecured loan.
Anyone can make an application for a no credit check loan regardless of their credit rating. All it involves is completing a simple application form online. Once you receive documents through the post your guarantor will need to fill in the easy bits and it can be mailed back. Your unsecured loan will generally be paid out within 48 hours.
As well as getting the loan if you keep repayments on time you will also have the chance to build up credibility and aid in rebuilding your credit history and credit status so that the APR rate you repay might be lower or the amount you borrow may be even greater.