06
May 2020Can someone who is self-employed be a guarantor on a loan?
YES. Guarantors can be self-employed as long as they.. Read More
Secure UK website est. 2015
Blog
06
May 2020What’s the typical guarantor criteria?
This does vary from lender to lender, but typically this.. Read More
06
May 2020If the loan has ‘daily interest’ how does this work?
Daily interest is calculated against the balance of the loan, on the amount outstanding. Read More
06
May 2020How is interest calculated?
Most lenders calculate interest daily. This means you only pay interest for the time you have the loan. Read More
06
May 2020What are the interest rates on guarantor loans?
Typically, the best value personal loans for poor credit history: 29% - 54.9%. Read More
06
May 2020Why is the interest higher than a ‘normal’ bank loan?
Lenders who provide guarantor loans provide a different service to the high street banks and usual lenders, specifically helping those with a poor credit rating. Read More
06
May 2020What does APR mean?
APR stands for ‘annual percentage rate’ and it shows how much interest is charged over the course of a year. Read More
06
May 2020What does interest mean?
Interest is one of the main costs of borrowing expressed as a percentage of the amount you have borrowed. Read More
06
May 2020Do the lenders charge up-front fees?
Most lenders do not charge you any upfront fees or set up fees when you have applied for your loan. Read More
06
May 2020Will the repayments increase during the term?
Many lenders fix their interest rates, but others have variable rates, so this is something else that is worth checking out. Read More
Safe & secure UK website established in 2015
Registered
Compliant