Find a Loan, Not a Guarantor

Loans without a guarantor are difficult to find in the UK. In recent times and prevailing economic conditions, obtaining a loan for your requirements has become a necessity. We look up to easily obtained loans over more regulated ones and fall in the traps of unethical lenders. Such times of crisis demand an intervention by the FCA regulated parties that can offer help.

We at oysterloan.co.uk provide essential brokerage services to facilitate these deals. With a number of FCA regulated lenders, who deal with us, we render suitable brokerage deals that do not require a guarantor. Such loans, which do not need a guarantor or a collateral against its value are categorised as unsecured loans. These unsecured loans can be the way to your financial independence.

However, many other lenders in the market do not portray and bestow the same ethical values in this process. They provide products that give out funds with a no-credit-check and are unregulated and unethical in every possible manner. Simply, stay away from them. 

There is no such thing as a no-credit-check loan, which is legal fundamentally. A credit check is a mandatory requirement of this process. And these strict policies that a regulated lender adheres to, are put in place for a consumer’s safety and protection.

But a hard credit check hampers your credit score. So what to do, when you have a bad credit score and another credit check would certainly hamper it to further extent and maybe without any positive results too? Well, with brokerage services like oysterloan.co.uk, we assess your profile with a soft credit check first, to check on your loan eligibility, which does not change or degrade your credit scores in any way and the hard one is done by the lender, which you choose to provide the loan, and mere as a formality of the process.