No Guarantor Loans

Whether you have good credit or past financial challenges, we work with lenders who assess your current circumstances. Our 4.5 out of 5 star rating on Trustpilot reflects genuine experiences from customers who valued our straightforward approach. We process over 7,500 quotes daily, helping people access credit on their own terms without the complexity of guarantor requirements.

See if you match

Why choose Sunny:

• Soft credit check only – won’t affect your score
• No fees from Sunny
• Compare offers before you commit
• 15-minute funding if approved

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

What Are No Guarantor Loans?

No guarantor loans are personal loans that don’t require a co-signer or guarantor to back your application. You take full responsibility for the borrowing, which means you don’t need to involve family members, friends, or colleagues in your financial decisions. This independence makes the application process simpler and protects your personal relationships from potential strain.

Traditional guarantor loans require someone with good credit to promise they’ll repay the loan if you can’t. Whilst this helps people with poor credit access lending, it creates complications. Your guarantor becomes legally responsible for your debt, which can damage relationships if repayment becomes difficult. With no guarantor loans, you bypass this entirely.

These loans work well for several situations. Maybe your credit history isn’t perfect but you have stable income now. Perhaps you simply prefer financial independence and don’t want to burden others with your borrowing. Or you might need money quickly without the delays of finding and vetting a suitable guarantor. Whatever your circumstances, loans for bad credit without a guarantor offer practical solutions.

The amounts available range from £100 for small unexpected costs to £2,500 for more substantial needs. Repayment terms stretch from 3 months for quick payoff to 36 months for lower monthly payments. This flexibility helps you match the loan to your budget rather than forcing you into unsuitable terms.

How No Guarantor Loans Work

Applying for no guarantor loans through Sunny follows a straightforward process designed to give you clarity quickly. Here’s what happens:

Step 1: Complete our online form
Tell us how much you need to borrow and your preferred repayment term. We’ll ask for basic details about your income, employment, and housing situation. The form takes about 2 minutes to complete, and you can do it any time, day or night.

Step 2: We search our network
Sunny searches multiple FCA-authorised lenders simultaneously using the information you provided. This happens instantly, comparing your circumstances against each lender’s criteria. Because we’re a broker, you get access to more options than applying to single lenders individually.

Step 3: See your matches with a soft check
We show you which lenders are likely to approve your application based on a soft credit search. This preliminary check doesn’t affect your credit score and isn’t visible to other lenders. You’ll see amounts, repayment terms, and monthly payment examples for each option.

Step 4: Compare and choose
Review the offers side by side. Look at the monthly payment, total repayment amount, and loan term. There’s no pressure to accept any offer, and you can take time to consider which works best for your budget. If none suit you, simply walk away with no obligation.

Step 5: Complete your application
Once you choose a lender, you’ll complete their full application. They’ll conduct their own affordability checks and a full credit search at this stage. If approved, most lenders transfer funds the same day, with some offering 15-minute funding capability.

Throughout this process, you maintain control. You decide whether to proceed after seeing the terms, and you’re never locked into anything until you sign the final agreement with your chosen lender.

How Much Do No Guarantor Loans Cost?

Understanding the true cost helps you make informed borrowing decisions. At Sunny, we work with lenders offering a representative 89% APR, though your actual rate depends on your personal circumstances and can range from 9.3% to 1,721% APR.

Representative example: Borrowing £1,000 over 18 months at 89% APR (fixed) means 18 monthly payments of £102.42. Your total repayment would be £1,843.60, meaning you pay £843.60 in interest over the loan term.

Your rate depends on several factors. Lenders assess your credit history, current income, existing financial commitments, and the amount and term you’re requesting. Someone with a stronger credit profile typically receives lower rates, whilst those with past credit challenges might face higher costs. This isn’t about judgment but reflects the lender’s risk assessment.

The APR shows the total cost of borrowing including all interest and any mandatory fees from the lender. It helps you compare loans fairly because it standardises the calculation. A lower APR always means a cheaper loan overall, though you should also consider the monthly payment amount and whether it fits your budget comfortably.

Shorter loan terms mean higher monthly payments but lower total interest. Longer terms spread the cost, reducing monthly payments but increasing the total you repay. For example, borrowing the same amount over 3 months costs less overall than spreading it across 12 months, even at the same interest rate.

Remember, Sunny charges you absolutely nothing. We’re paid by lenders when you successfully borrow, so our service remains free regardless of the loan amount or term you choose.

Who Can Apply for No Guarantor Loans?

Eligibility for no guarantor loans focuses on your current circumstances rather than just your credit history. Lenders want to see you can afford repayments, which means having stable income and reasonable expenses.

Basic requirements include:

• Age 18 or over
• UK resident with a permanent address
• Regular income of at least £500 per month (from employment, benefits, or self-employment)
• UK bank account and valid debit card
• Not currently bankrupt or in an Individual Voluntary Arrangement
• 3 years of address history available

Your credit history matters, but it’s not the only consideration. Many of our partner lenders specialise in no guarantor loans for bad credit, looking beyond your credit score to assess your current financial stability. Past County Court Judgements, defaults, or missed payments don’t automatically disqualify you.

Income sources vary. Employed applicants need to show payslips proving regular earnings. Self-employed individuals typically need bank statements demonstrating consistent income. Those receiving benefits can also apply, provided their income meets the minimum threshold and allows for affordable repayments.

What lenders can’t help with are applications from people currently in active bankruptcy, debt management plans, or with court orders preventing borrowing. If you’re in financial difficulty, free debt advice from organisations like StepChange or Citizens Advice offers better support than additional borrowing.

Some lenders within our network accept applicants with CCJs, defaults, or previous IVAs, whilst others maintain stricter criteria. This variety increases your chances of matching with someone willing to lend to your situation. We simply need honest information to find the right fit.

Why Use a Broker Like Sunny?

Choosing between applying directly to lenders or using a broker affects your experience significantly. As a broker, Sunny offers distinct advantages that simplify your search for no guarantor loans.

Access to multiple lenders with one application
Applying to individual lenders one by one wastes time and risks harming your credit score with multiple hard searches. We search our entire network simultaneously, showing you all available matches from a single soft search. This efficiency matters when you need money quickly.

Soft credit check protects your score
Direct lender applications usually begin with a hard credit search that appears on your file and might lower your score. Our soft search approach lets you see which lenders will likely approve you before any hard searches occur. Only when you choose a specific lender and proceed do they conduct a full credit check.

Completely free service
Sunny never charges customers any fees. Not for searching, not for matching, not for anything. Lenders pay us when you successfully borrow, which means our incentive aligns with yours: finding you a suitable loan. There are no application fees, no service charges, and no hidden costs.

FCA protection across all lenders
Every lender in our network holds full FCA authorisation. This means they follow strict rules on fair lending, clear communication, and responsible affordability checks. Sunny (Upward Finance Limited) operates as an Appointed Representative of Flux Funding Limited, who are also fully FCA-authorised. This dual protection ensures proper conduct throughout.

Save time comparing options
Rather than researching dozens of lenders, checking their criteria, and completing multiple applications, you get instant comparison. We handle the matching, you handle the decision-making. This matters particularly for emergency situations where time is precious.

Ongoing support
If questions arise during your search, our team can help clarify options. Whilst your final loan comes from the lender you choose, we’re available throughout your journey to explain the process, discuss alternatives, or address concerns about eligibility.

Why Borrowing Independently Matters

The decision to borrow without a guarantor carries significant benefits beyond simple convenience. Independence in financial matters protects both you and your relationships whilst simplifying the entire lending process.

Protect your relationships
Asking someone to guarantee your loan creates awkward conversations and potential resentment. If you struggle with repayments later, your guarantor becomes liable, which can destroy friendships or strain family bonds permanently. Borrowing independently keeps financial stress contained to you alone.

Maintain your privacy
Some financial situations you’d prefer to keep private. Maybe you’re covering unexpected medical costs, dealing with urgent home repairs, or managing personal expenses you don’t want to explain. No guarantor loans let you handle these privately without disclosing sensitive details to others.

Faster application process
Guarantor loans require vetting both you and your guarantor, which doubles the paperwork and verification time. Your guarantor needs to provide identification, proof of income, and undergo their own credit checks. This delays everything. No guarantor loans eliminate these steps, speeding your access to funds.

Greater flexibility
Without a guarantor, you can choose any loan term and amount that suits your budget. You’re not constrained by what your guarantor will agree to, and you can repay early without involving anyone else in the decision. This flexibility makes managing your finances more straightforward.

Build credit independently
Successfully repaying a no guarantor loan builds your credit history in your name alone. Each on-time payment demonstrates financial responsibility to future lenders. This matters more than improving your score whilst relying on someone else’s creditworthiness.

No risk to others
Financial situations change unexpectedly. If you lose your job, face illness, or encounter other hardship affecting repayments, only you face the consequences. Your guarantor isn’t dragged into your difficulties, and you don’t carry the guilt of potentially harming their credit or finances.

For many people, the independence of no guarantor loans outweighs any potential benefits of involving a co-signer. You borrow on your own terms, repay at your own pace, and build your financial future without entangling others in your obligations.

Check your eligibility now

What makes us different:

• 1M+ customers trust us
• 4.5/5 stars on Trustpilot
• 7,500+ daily quotes processed
• FCA-authorised and regulated
• No fees from Sunny – ever
• Soft credit check only – won’t affect your score

What to Consider Before Applying

Responsible borrowing begins with honest assessment of your circumstances. Before applying for no guarantor loans, consider whether borrowing serves your best interests and fits within your budget.

Can you genuinely afford the repayments?
Calculate your monthly income minus all essential expenses: rent or mortgage, utilities, food, transport, insurance, and existing debt payments. The remainder is your disposable income. Your loan repayment should fit comfortably within this amount, leaving a buffer for unexpected costs.

Could you manage without borrowing?
Sometimes waiting a few weeks and saving incrementally proves better than borrowing. If your need isn’t urgent, consider whether you could delay the expense, reduce its cost, or find free alternatives. Borrowing costs money through interest, so avoiding unnecessary loans saves more than the loan amount.

Have you explored all alternatives?
Family loans without interest charges, payment plans with the company you owe, or community assistance schemes might cost less. Some employers offer salary advances at no cost. Selling unused items, taking on temporary extra work, or negotiating payment extensions could meet your need without borrowing.

Is this a one-off need or recurring problem?
If you frequently need emergency funds, borrowing treats symptoms rather than causes. Persistent shortfalls suggest budgeting issues or insufficient income that loans can’t solve. In these situations, free debt advice helps address underlying problems more effectively.

Do you understand the total cost?
Look beyond the monthly payment to the total repayment amount. That £1,000 loan might cost £1,843.60 over 18 months, meaning you pay £843.60 for temporary access to money. Sometimes this cost makes sense; sometimes it doesn’t. Make sure you’re comfortable with the full amount.

What happens if your circumstances change?
If you lost your job or faced reduced income, could you still afford repayments? Some lenders offer payment holidays or adjustment options, but these aren’t guaranteed. Consider your employment stability and whether you have any backup plans if income drops.

If borrowing concerns you or you’re already struggling with existing debts, speak with free debt advisors before taking additional credit. Organisations like StepChange and Citizens Advice offer confidential support without judgment.

How Sunny Protects You

Borrowing money involves trust, and we take our responsibilities seriously. Multiple protections ensure your experience remains secure, fair, and compliant with regulations.

Full FCA authorisation
Sunny operates through Upward Finance Limited (Company Number 11365247), registered as an Appointed Representative of Flux Funding Limited (FRN 806333). Both hold full Financial Conduct Authority authorisation, meaning we follow strict rules on fair treatment, clear communication, and responsible lending practices. Our registered office is at 7 Bell Yard, London, WC2A 2JR.

Secure data handling
Your personal and financial information receives bank-level encryption during transmission and storage. We never share your details with third parties for marketing purposes. Only the lenders you choose to approach receive your information, and only after you give explicit permission to proceed with an application.

Soft search won’t affect your credit score
Our initial eligibility check uses a soft credit search that doesn’t appear to other lenders and doesn’t impact your credit score. You can search multiple times without concern. Only when you choose a specific lender and complete their full application do they conduct a hard search that appears on your credit file.

Right to withdraw
Consumer credit regulations give you cooling-off periods and the right to change your mind. Once you sign a credit agreement with a lender, you typically have 14 days to withdraw without penalty. Check your specific lender’s terms for exact withdrawal procedures.

Transparent pricing
We show you the total cost, monthly payment, interest rate, and full terms before you commit to anything. There are no hidden fees, no surprises in small print, and no charges you didn’t explicitly agree to. What you see during comparison is what you get from the lender.

Affordability checks
Every lender in our network must conduct thorough affordability assessments before approving loans. This protects you from borrowing more than you can reasonably repay. Whilst this might seem restrictive if declined, it prevents debt problems that harm your financial health long-term.

The Application Process in Detail

Understanding exactly what happens during your application removes uncertainty and helps you prepare. Here’s a comprehensive walkthrough of the process from start to finish.

Information you’ll need
Before starting, gather your bank account details, employer information, and details of your monthly income and expenses. You’ll need your current address and addresses from the past 3 years. Having this information ready makes completion faster.

Application timing
Our online form remains available 24/7, including weekends and bank holidays. Completing it takes approximately 2 minutes if you have your information prepared. The matching process happens instantly, showing results within seconds of submission.

Credit search explanation
Sunny’s initial search uses soft credit check technology. We see your basic credit information to match you with suitable lenders, but this search appears only to you on your credit report. Other lenders can’t see it, and it doesn’t affect your credit score calculations. Only you and the credit reference agencies know you checked.

If you proceed to a specific lender, they conduct a full credit check called a hard search. This appears on your credit report for 12 months and might slightly lower your score. However, because our soft search already indicated likelihood of approval, you’re unlikely to face multiple hard searches from repeated rejections.

Matching criteria
Different lenders specialise in different customer profiles. Some prefer applicants with near-perfect credit. Others focus on bad credit lending. Some prioritise stable employment, others accept benefit recipients. We match your profile against each lender’s criteria to show only realistic options, saving you time and protecting your credit score.

After approval
If a lender approves your application, they’ll present a formal credit agreement detailing all terms. Read this carefully before signing. Check the monthly payment amount, payment dates, total repayable, early repayment terms, and any fees for late payments. Once you sign electronically, the lender processes your loan.

Receiving your funds
Most lenders transfer funds the same day for approvals made during business hours. Some offer 15-minute transfers for urgent needs, whilst others process within a few hours. Your bank might take additional time to credit your account, but most complete within an hour of the lender releasing funds. Weekend and bank holiday applications might face slight delays depending on your bank’s processing schedule.

Repayment setup
Lenders typically collect repayments via Direct Debit on dates you’ve agreed. This automation ensures you never miss payments, though you must ensure sufficient funds remain in your account on payment dates. Missing payments incurs fees and damages your credit score, so budget carefully.

Why you can count on Sunny:

• Over 1 million customers since 2022
• 4.5 out of 5 stars on Trustpilot (7,385 reviews)
• 7,500+ daily quotes processed
• FCA-authorised broker and lenders
• Never any fees from Sunny
• Soft credit check won’t affect your score

Representative example: Borrowing £1,000 over 18 months at 89% APR (fixed) means 18 monthly payments of £102.42. Total repayable: £1,843.60. Total interest: £843.60. Representative 89% APR. The rate you’re offered will depend on your circumstances and may be higher or lower.

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

If you’re struggling with existing debts, free confidential advice is available from StepChange, Citizens Advice, and National Debtline.