About Lend Fair
Need a loan to renovate your home or do you just need it to get through the rest of the month, but you don’t have the credit score to qualify. With us, you can get a guarantor loan.
Guarantor loans are used by people who have a bad credit history and because of that, you have to pay a higher rate on interest and require someone to be a guarantor for you to stand in when you can’t make the payment.
Short-term guarantor loans
If you are only making a small or short term guarantor loan it can help improve your credit file. This type of loan is usually a fixed-term loan that will repay both the loan and interest that is added over a term loan. Interest can be fixed or variable over some time and is usually higher than the high street lenders. If you make your payments regularly and on time you will be able to repay your personal loan in full in no time. To be a guarantor borrower we are authorized by the Financial Conduct Authority so that we can help you with small loans to build a credit score or start a small business.
When applying for a guarantor loan you have to the legal age of 18 with a UK personal bank account and you will need a guarantor, someone you can trust like a family member or a friend, to sign and they will be held accountable for when you are not able to do the repayment.
Lend Fair Services
A guarantor needs to be someone that you trust and that trusts you too.
Many borrowers insist on the lender being a regular employee and be a homeowner. Borrowers usually lend an amount starting from £1 000 to £15 000 but your interest can differ based on the amount and the length of the term of the loan you are taking.
Get an affordable payment plan
You will be able to make a direct debit via a debit card link to your UK bank account or a bank transfer. Certain lenders insist on a continuous debit order that is linked to the borrower and the guarantor because not many lenders accept cash. As a registered and trusted lender, we look at your guarantor’s credit file and their credit reference agencies and some companies will even extend that check to you. Those agencies will provide you with information about your credit and include information from the Electoral register. That search we use to check your identity and if you are eligible for a loan.
Borrowers are required under the consumer credit act law to provide you with information about you and the loan you have applied for. You also have to receive a pre-contract copy before you receive and sign the formal term loan agreement. The law states that you get a 14-day cooling-off period after you signed your bad credit loan to return the funds that you received and rescind the loan.
Lend Fair Product Details
- Loan Type Bad credit loans
- Interest Rate 30 – 70% p/a
- Loan Amount up to £15,000
Summary of Services
- A fixed-term loan
- Apply for a loan with a guarantor
- Improve your credit history
Lend Fair has affordable bad credit loans, they pay out fast
The Guarantor and the borrower need to have an operational UK bank account so that we can pay the loan into and also receive the repayments from.
Apply online today
When we have approved the application and also approved your guarantor we transfer the amount that you have requested in the bank account that the guarantor has supplied us with. Processing can take up to 2 days because of documentation uploading and how fast you and the guarantor respond to certain requirements.
Sometimes it takes 24 hours and sometimes it’s available on the same day, your guarantor then just have to transfer the amount you requested to you. Getting your guarantor up to date with all the information before you start the loan application will speed up the application and the transfer of the funds. With the final approval, we aim to payout within 4 hours after we have approved the application.
Tailormade loan solutions
It does happen sometimes that your guarantor doesn’t want to make a repayment, so we then discuss the situation and see if we can resolve the situation with reasoning. We often communicate in person at our head offices and try to make contact in various ways. You may also make reach out to us in the same way by emailing us, visit us at our head offices or phone us on one of the numbers that we have provided.
Also, make sure to phone or email us during our office times so prevent delays in emails or preventing no answering of phones. Here at Lend fair, we give our best of services to all clients no matter what the amount. We know that everyone needs to boost their credit score and that is why we offer a chance for everyone if it’s for a big amount or a small amount, we are yours to serve.
Customer Reviews & Testimonials
Lend fair has given me the best and quickest response ever, I had some questions about their services and how to go about to get a loan from them, within the same day I have gotten all the inform...
— Burford —
I started my own small business and didn’t have enough assets so I had to got a friend to help me out and because we were both new to this proses we had no idea what we were doing, but with guara...
— Shanklin —
Lend Fair Contact Details
- Barrows Rd Harlow CM19 5FN United Kingdom
- Get Directions
- Monday 09:00 – 18:00
- Tuesday 09:00 – 18:00
- Wednesday 09:00 – 18:00
- Thursday 09:00 – 18:00
- Friday 09:00 – 18:00
- Saturday – Closed
- Sunday – Closed