What Is A No Guarantor Loan?
A no guarantor loan is, as the name suggests, a loan which does not require a guarantor to co-sign the repayment of the loan on the behalf of the applicant. A guarantor is a second party who agrees to repay the loan on behalf of the applicant should the borrower be unable to make the necessary repayments, and some loans require one for an applicant to be approved.
At buffa, we strive to help our customers no matter what their situation or credit history, and don’t require a guarantor as part of our loan approval process. So, if you are unable to get a guarantor to co-sign the repayments of your loan application, or simply prefer to apply yourself without the hassle of having to involve a guarantor on your behalf, we could offer you a buffa ‘no guarantor loan’.
No guarantor loans are ideal for someone who doesn’t have a friend or family member able to help them by co-signing their loan application, or those who prefer to be a little more private about their personal finances when they’re in a sticky financial situation. They’re also ideal for anyone who needs a loan quickly and simply, as they require less paperwork than a guarantor loan.
So, if you’re in need of some access to some money in a hurry, our no guarantor loans could be the answer.
How No Guarantor Loans Work
Why Choose buffa?
Loan Decision Instantly
We won’t leave you waiting to find out whether you qualify for a loan from us. Get an instant indicative decision to advise whether we accept, reject or need to conduct further checks relating to your application.
No Impact on your Credit Score
Complete your buffa loan application safe in the knowledge that it will not impact your credit score. We’ll give you an initial decision with absolutely no obligation on your part.
Transparency with No Hidden Fees
We pride ourselves on being upfront and honest about our loans, so you’ll know exactly what you’re expected to pay back and by when before you agree to take the loan. When we say no fees, we mean it. No late repayment fees, no loan arrangement fees and no hidden charges. Ever.
Flexible Repayment Options
Because our loans are fully flexible and designed to suit your individual circumstances, you can repay at any time. So, if you want to make early repayments or overpayments against your loan to make savings on the overall interest charges, that’s just fine. Or if you prefer the certainty of knowing how much you need to repay each time, on a fixed repayment date each month, that’s just fine too. It’s your loan so you can repay your way.
Bad or Impaired Credit Considered
We strongly believe that nobody should be held back from leading their life by a bad or impaired credit history. We will consider all loan applications on their own merits and will always do our best to provide you with a loan, regardless of your credit history.
Money Paid in Minutes
Need your loan in a hurry? Once approved, money will be in your account within a matter of minutes. No delays, just quick and simple access to your money.