The Answer To Your Cash Needs
The Great Things About KnightFinance
Super Fast Process
You could get money directly into your account after just a 15 minutes application.
Get the cash you need without the usual high costs, because of our wide range of lenders.
Low Interest Rates
Compare lenders to make sure that you get the lowest possible rates.
There’s no need to put any collateral against your credit, all our loans are unsecured.
Personal Loans that are Unsecured
It is so easy to get the finance you need today. Here at KnightFinance we pride ourselves on finding the right payment plan to suit anyone’s individual needs. Whether you are looking to borrow a small amount over a short period or are looking for much larger finance agreement we are able to help. Also known as personal loans or signature loans, unsecured loans are becoming a massively popular alternative to the standard bank loan. What unsecured refers to is how the finance is issued depending on the individual’s creditworthiness. Now when that comes to a bank loan, yes this is regarding your credit score, often making it difficult to get the finance you need. However, when we are talking about a loan that is not from a bank this is not the case. Many companies and lenders will not look at your credit score and will gauge your ability to repay on your current employment. So what is an unsecured loan really? This is quite an easy one, all it means is that the loan is not guaranteed by a property or vehicle. Because the lender does not have a source of collateral, just in case you default on payments for whatever reason, the interest for these loans can sometimes be higher than their counterparts. For those with bad credit, though, they are perfect for getting you back on track.
See How Our Competitors Compare
Borrow £500 for 4 Months, Four Monthly Repayments of £215.81 Total repayment £863.24 Interest Rate PA (fixed) 270.10% Representative APR 997%
Guaranteed Installment Loans Direct Lenders Only
Taking out a loan doesn’t necessarily mean that you’re out of cash, sometimes it means having the need of extra money to purchase a property or perhaps, expand a business. Therefore, you don’t need to feel ashamed of the idea of borrowing from a lender. After all, everyone needs a financial assistance once in a while. However, if you still want to keep things discreet, you can always rely direct lender installment loans for bad credit online.
Loans over the Internet get you the extra fund you need and you can guarantee a successful loan application as long as you can provide the requirements set by the lender. You can choose a small amount to keep up with everyday bills or a bigger loan for larger expenses. For instance, you need an amount to tide you over the next month, a short-term loan, such as a payday loan, is enough to keep you covered. This type of loan is settled in one lump sum which is payable within two weeks or one month.
Meanwhile, if you want to purchase a home or another property. You can look for guaranteed installment loans direct lenders only. The repayment term is more flexible since you don’t have to bring out a large amount in a short period of time. Also, you can settle the debt in portion by repaying a small amount every month.
Getting To Know Guaranteed Installment Loans Direct Lenders Only
An installment loan is considered as a long-term loan, which normally lasts for a year or up to 25 years, depending on the amount and the repayment term. Unlike instant loans and a credit card, it is not settled over a short period of time. Also, it doesn’t offer a revolving line of credit. But like other loans, it is consist of the principal rate, interest, and fees which are settled in a series of monthly repayments. Two of the most common examples are mortgage and a car loan.
Choosing guaranteed installment loans direct lenders only is a good option when you need to pay for an education, buy a new gadget or a car, repair a home or purchase new appliances, fulfill your dream wedding or treat yourself to a lavish vacation. The 2000 loans can be settled easily because it is divided into small fixed portions every month. However, be sure that the interest rate is “fixed” and not the variable type.
So what is the difference between a fixed interest and variable interest offered by guaranteed installment loans direct lenders only?
When the interest rate is dependent on the market, it is considered as a variable interest. This means that it can go up or down, therefore the amount you will pay next month may be different from the amount you’ve settled before. A fixed interest rate, on the other hand, remains the same until the debt is fully settled, regardless of the market’s movement.
What Affects The Interest Rate Applied By Guaranteed Installment Loans Direct Lenders Only?
The interest rates provided by guaranteed installment loans direct lenders only are almost the same, but it may vary in some ways. Normally, it is influenced by the credit score of the borrower, as well as the income received. Those who have a good or excellent credit score are more likely to be charged with a lower interest rate while those who have a bad credit remark have a higher interest applied. Sometimes, a debt-to-income ratio of the bad credit borrower also affects the interest of the loan. This factor may also create an impact to the decision of guaranteed installment loans direct lenders only as it represents the capacity of the borrower to settle the loan. A higher income and lower expenses suggest that the borrower has enough funds to cover the loan.
Basic Requirements Of Guaranteed Installment Loans Direct Lenders Only
Short-term loans and long-term advances work differently, therefore the requirements for installment loans are different from payday loans. Both may begin with filling out an application form with personal and financial details, such as your full name, contact details, the name of the current employer, number of years in the company, bank statement, and the list goes on. However, guaranteed installment loans direct lenders UK only may ask for more proofs such as certification, pay slips, and other documents that would verify your credentials.
Therefore, it’s best to get the entire prerequisites ready first for a faster, smoother application. Banks and traditional lending facilities conduct a credit check and to increase your chance of getting approved, it’s necessary to have an impressive credit rating. Before you submit an application, be sure that your credit score is in good shape. This means you are free from bankruptcy, arrears, late payments, and other financial mistakes. Get a free copy of your credit report to check if there are inaccurate data entered to your account. Meanwhile, if you have a bad credit, you may look for guaranteed installment loans direct lenders only online as these lenders are more likely to accept bad credit rate application.
Where To Find Guaranteed Installment Loans Direct Lenders Only?
If it’s your first time to borrow or you’ve been borrowing beforehand, you can check your local bank first. If you’ve established a relationship with your banker, you’re more likely to get a good deal such as a discounted interest rate and a more flexible repayment term. However, be sure that your credit rating is flawless; otherwise, your loan application will be rejected.
You can also consider guaranteed installment loans direct lenders only. These loan providers cater to almost all types of borrowers – bad credit or good credit loan seekers, unemployed or employed, recipient of benefits or pension, etc. Compare at least three guaranteed installment loans direct lenders only to know more about the interests they apply, their loan policies, repayment options, etc.
Once you found a potential lender, read and understand the fine print before you sign on the dotted line. It’s important that you fully understand the loan agreement and know all costs associated with the loan. Do not hesitate to ask the lender if you find anything vague or confusing. After all, licensed guaranteed installment loans direct lenders only are more than willing to address your concerns.
5 most recent personal loan reviews
I love CSC loans I have been with them nearly three years, need a top up as my son is getting married. They where brilliant as usual, no problems, done so quick - they were my life savers when needed most, thank you.
Review posted by Mary Hartnoll, Canterbury
Ease Of Use
Value For Money
As guarantor for my daughters, loan the service we got was quick and efficient, did checks, asked questions and all was sorted very quickly, would definitely recommend Together loans to all.
Review posted by Susan Mills, Darlington
Ease Of Use
Value For Money
Brilliant service. The application process was a doddle, the Shawbrook representative who called me was polite, understanding and cheerful. The whole thing (from starting the application process to receiving the money) took around 3 or 4 hours. Very quick and efficient and no long or silly forms to fill out. Just what was necessary. Am very pleased I chose Shawbrook.
Review posted by John Marcus, Surrey
Ease Of Use
Value For Money
Representative 277.5% APR
Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances
Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.