A guarantor is an individual who co-signs the loan and is held financially responsible for the loan repayment if the borrower fails to repay the loan. No guarantor loans as the name suggest are unsecured personal loans that do not require any guarantor to co-sign when you are applying for a loan. As unsecured, these loans do not need any asset to be pledged as collateral at the time of borrowing. A borrower has to repay the loan with 12 months to 84 months.
These are designed for people who are unable to find a co-signor who is willing to vouch for them or for people who do not wish to involve someone else for their own financial difficulties. You can apply at Loan Broker for loans without guarantor.