Bad Credit, No Guarantor Loans

£100 to £5,000 paid out same day!*

  • Loans Paid Same Day
  • Bad Credit Considered
  • Instant Decisions
  • Borrow up to £5,000

Select how much you'd like to borrow and over how many months below.

Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable). 

Warning: Late repayment can cause you serious money problems. For help, go to

WageDayAdvance is a broker, not a lender, and does not make credit decisions. We may receive a commission from the lender.

There’s no shame in being a little low on cash. We’ve all been there. Bad credit loans with no guarantor can help.

Sometimes, you’ll get a bill in the post that you forgot to budget for one month, or you’ll encounter a sudden emergency that forces you to raid your savings. Unfortunately, there can also be times when you’re hit with an expense you simply can’t handle on your own. That’s where a quick loan will usually come to the rescue.

Short-term loans and lending opportunities give you a fast and convenient way to deal with unexpected financial issues. However, the only way to get the best deal on your loan, even for the short term, is to have a great credit rating. If you don’t have a good history with money, or you haven’t started building your credit score yet, getting the cash you need can be a nightmare.

How much would you like to borrow?

Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable). 

Warning: Late repayment can cause you serious money problems. For help, go to

WageDayAdvance is a broker, not a lender, and does not make credit decisions. We may receive a commission from the lender.

At WageDayAdvance, we think everyone should have access to help when they need it. That’s why we work with UK lenders providers who can offer bad credit loans, no guarantor, to help you out of a tight spot.

Defining Bad Credit

Your credit is one of the most important defining features of your financial health. It’s what lenders and banks look at when they’re deciding whether to trust you with a loan. There are two different kinds of “bad credit” that can make it harder to borrow money.

The first form of bad credit is the one most people are familiar with. If you’ve borrowed money in the past and ended up in a position where you weren’t able to pay it back on time, you’ll end up with marks on your credit that tell other loan providers you’re not very reliable. Unfortunately, these marks can pull your credit rating down for years at a time which can make applying for a loan today, very difficult. Although credit is easy to lose, it’s very difficult to earn back.

The other kind of bad credit is simply having “no credit”. In other words, if you haven’t taken out a loan in the past, or dealt with credit much, the credit agencies will have no evidence of whether you can be trusted to pay what you owe on time. This often makes it much harder to get the best deals or even be accepted or approved in the first place, because there’s nothing to show how reputable you are.

What are Bad Credit Loans with No Guarantor?

Since most of the top lending options are reserved for people with great credit, it’s often very difficult to get a loan if your score isn’t perfect. In fact, applying for loans from standard providers could leave you with more black marks on your credit score, every time your applications are rejected. Even if you’re just applying for 6 month or 12 month loans.

Bad credit loans are loans specifically designed for people who might not have the best credit rating. These solutions look beyond the issue of a poor credit score to consider other factors like affordability. The benefit is that you’re more likely to be approved for the loan you need.

At WageDayAdvance, we partner with only the best bad credit loan providers on the market, to ensure you get a service you can trust. Our algorithm reduces the risk of rejection by matching you to a lender that’s suitable for your needs. This includes finding a bad credit loan provider who doesn’t need things like guarantors and security to offer you the cash.

A bad credit loan with no guarantor is simply a loan that doesn’t require someone else to sign off on your loan and promise to pay it back for you if you can’t make payments. Some UK banks and lending providers will ask people with bad credit to provide a guarantor as an extra form of insurance. Essentially, it ensures that the lender will get the money they’re owed back from someone if something goes wrong with your repayments.

Unfortunately, not everyone can find a guarantor willing to co-sign their loan. That’s why it’s so important to find FCA-approved loan providers who don’t require this additional security.

Are There Benefits to Bad Credit Loans?

Like all kinds of lending products, bad credit loans have positives and negatives to consider. A bad credit loan is specifically designed for a certain situation – when you need to borrow money and you don’t have the best credit. Usually, these loans do have some restrictions to consider. For instance, you might only be able to borrow the money you need for a specific period of time, and there may be a limit on how much money you can access.

At WageDayAdvance, we can help you to side-step these issues, by linking you to loan providers specifically suited to your needs. When you fill out our form, you’ll tell us exactly how much you need to borrow and for how long, and we’ll connect you to companies capable of giving you that loan. You may be offered a range of deals, so you can choose the one that suits you best. Given we know that most of our applicants are looking for urgent loans, we aim to expedite this process.

Working with our team also ensures you can avoid the headache of applying for loans and potentially getting rejected at the last stage. Since a rejection can have a negative impact on your future lending opportunities, we conduct a soft search check before any hard checks are conducted on your credit report. This ensures we can match you to UK lenders without having a lasting impact on your credit rating. The benefits include:

  • Quick and easy access: To instant loan providers who match your requirements and understand your situation. We’ll match you to FCA approved, direct lenders, so you can get approval fast. Even if you have very bad credit.
  • Simple application process: You can apply and find the lender you need online, with no awkward in-person meetings or complicated questions to answer. This goes for both direct lenders and brokers.
  • Fast access to money: Our service helps people with bad credit get the money they need quickly, so you don’t have to jump through endless hoops before you get help.
  • Credit score protection: Our soft search won’t leave a negative impact on your credit score, and you can skip the stress of having to make your own applications with dozens of lenders.
  • Flexibility: It’s up to you to decide what you spend the money on. We won’t pry into your reasons for needing the loan.

Bad Credit Loan FAQ:

Q: Do all bad credit loans require a guarantor?

Some credit agencies and loan providers will prefer their bad credit patrons to access a guarantor. Fortunately, we can help you find lenders who are willing to offer the loan you need without this additional security. Our FCA-approved lenders can support people in all kinds of situations.

Q: Is a credit check still necessary?

While we only conduct a soft credit check on our side, your lender will need to conduct a check credit when offering you your loan to ensure you’re in the right situation to take on a new loan. However, because you’re applying for a bad credit loan, a poor score shouldn’t stop you from getting the money you need. Some brokers and even direct lenders will advertise loans with no credit check but ultimately you will be checked prior to being offered a loan.

Q: Is it difficult to be approved?

We’ll do everything we can to make sure you gain acceptance for the loan you need. While no loans are guaranteed, we can make it more likely that you’ll end up with approval by matching you to the lender best suited to your circumstances.

Q: Will I have to pay it back immediately?

We partner with a range of flexible lenders at WageDayAdvance, many of which will offer various terms for you to choose from. Though bad credit loans usually don’t last as long as some other lending options, you’ll still have some flexibility. Especially if you need cash in an emergency.

Q: How quickly do I get the loan?

The speed of your loan, as well as how much you can borrow will depend on your lender. We’ll do our best to match you to a lender who can deliver the cash you need with a fast pay out if you’re dealing with an emergency. Some of our lenders offer same day pay-outs. There are no fees to pay with any of the loans offered.

Why Use WDA?
How much do you offer?
£100 - £5,000
Quick application.
Over how long?
1 - 36 months
Flexible repayments.
Bad credit accepted?
Welcome to apply
We cater for all.
How do I get a loan?
Apply Online
Secure application.
Representative APR
49.7% (variable)
No obligation quote.

Do You Need a Bad Credit Loan with No Guarantor?

Financial headaches can happen to anyone. When you’re stuck in a difficult situation and you need money fast, the last thing you need is a bad credit rating making you feel trapped. WageDayAdvance is here to simplify the process of getting the money you need, quickly, no matter what your credit score looks like.

If you know that you don’t have the best credit score, applying directly for a bad credit with no need for a guarantor should improve your chances of getting the approval you need, without the added risk of more negative marks on your credit report. With WageDayAdvance, you can skip the headache of searching for a lender who might consider approving you on your own, and access a simple, straightforward, and speedy solution instead.

Ultimately, only you can make the decision whether now is the right time to get a bad credit loan. However, if you do think that you might need the support of a specialist bad credit lender, we can help to make that initial connection. We’ll assist you in finding a bad credit loan with no guarantor requirements, so you can get your life back on track as quickly as possible.

More FAQ’s

Can I suggest a guarantor if refused?

Unfortunately not. All of the loans we offer via WageDayAdvance are strictly no guarantor only.

I have bad credit, will I be accepted without a guarantor?

We cannot guarantee acceptance however our lending partners consider affordability to determine creditworthiness in addition to traditional scoring.

I’m a student with no credit rating, can I still apply?

Yes, we accept applications from those with no credit rating as long as you have a regular source of income.