Are there any bad-credit loans for UK tenants that don’t require a guarantor?

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librarylady asked:


Please only serious answers and no court - many thanks. We have achieved serious financial problems on a couple of years ago after I go part time after having breast cancer and my husband losing his job. We tried a trade of the trade but has not paid simply. Not eligible for benefits. As a result both of us now are looking for work. We have made informal arrangements with our creditors, which operate smoothly. Nothing went as far stage IVA or CCJ. We are in a desperate financial situation - failure and the possible eviction of the coating from our privately rented property. We have a bad-accreditation of the will provide just enough to tide us over until that my husband does not get a job and get the full-time employment. We know that we can repay it. However, the company that has made us an offer requiring a guarantor with good credit and full-time employment, which means we are going duty to ask a family member or friend's guarantee of a loan. All these providers are asking this?

nursury furniture

February 09 2009 10:36 pm | Credit

4 Responses to “Are there any bad-credit loans for UK tenants that don’t require a guarantor?”

  1. smartinfo4you on 10 Feb 2009 at 5:31 pm #

    limited choices for uk here but there are a couple

  2. Real Georgian on 13 Feb 2009 at 6:35 pm #

    Loans UK Loans to Suit Every Pocket
    By: Amanda Thompson

    This article might help you along… This website is loaded with good information in it… Read away.

    Good Luck!

  3. eGuy on 13 Feb 2009 at 11:40 pm #

    UNITED KINGDOM
    Financial Services

  4. darlene p on 15 Feb 2009 at 12:11 am #

    Bad things happen to Good people all the time.
    Here in Michigan where I live, Yes, Lenders have the right to ask for a co-signer on a “low risk” applicant.
    Not saying that you would not pay the money back, but the majority of the Banks/Lenders come across this ordeal everyday, and they don’t know you and they are only trying to protect their Interest.
    This way, if for some reason you do de-fault, the Lender has someone to fall back onto to retrieve their money, usually here, the co-signer has to have some form of collateral, (example) Home. Something they can attach a lien onto if the monies are not paid back.

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