Then you may be considering a guarantor loan if you have a bad credit history. But do you realize you can submit an application for a no guarantor loan from Satsuma? Satsuma considers applications from those that could have had credit issues within the past, so you could be qualified to receive a Satsuma short-term loan, susceptible to affordability.
Guarantor or no guarantor - what is the huge difference?
Whenever you make an application for that loan without having a guarantor, you may be entirely in charge of repaying the mortgage. But guarantor loans work just a little differently.
In this situation youвЂ™ll ask some one you understand to ensure the mortgage for you personally. What this means is they consent to make any re re re re payments if you should be not able to achieve this. Supplied you really can afford the repayments, then in case your guarantor has a credit that is good the lending company is much more prone to accept the mortgage.
Decide to try our loan calculator
See if youвЂ™ll be authorized before you use
With Satsuma, you can view if youвЂ™ll be authorized for a financial loan before you use without inside your credit rating*. Verify your title, target and solution a questions that are few you'll find away if youвЂ™re qualified to receive a loan.