Apply For a No Guarantor Loan 

The One Stop Money Shop allows you to borrow up to £1,000 and apply for loans without a guarantor. This means that you can apply directly with us and you do not need a guarantor or an extra person to co-sign your loan agreement or get involved in the application process.

Customers can apply for £300 to £1,000 repaid over 6 to 12 months. The success of your application is based on things like your income, employment, recent credit history, affordability and ability to pay back your loan on time. We run a series of instant checks so that you can get a decision straight after you apply online and if successful, you can receive funds within 1 hour or the same day you applied.


What is a non guarantor loan?

For some borrowers with bad credit ratings or zero credit ratings (common when you turn 18), sometimes the only way that you can borrow money online is through what is known as a guarantor loan.

This is where you need an extra person you know with a good credit history and income to jointly sign your loan agreement and agree to cover the repayments if you cannot. The idea is that it gives the lender some added security that they can recover your loan amount if it does not get paid on time.

However, at The One Stop Money Shop, we understand that no everyone has a suitable guarantor or necessarily wants to involve another person in their personal finances. This is why we offer non guarantor loans – and it means that your application involves just you and us the direct lender and no other people are needed for your loan to be successful.

Why would I want a no guarantor loan?

If you apply for a no guarantor loan, you have peace of mind knowing that you are the only one working with the lender and can get the funds you need for things like household emergencies and other pressing bills. You can make your monthly repayments until your loan is cleared. Simple.

For those looking for bad credit loans, they sometimes feel that their only option is to have a guarantor involved in their application or they have to use a valuable asset as security. But The One Stop Money Shop is here to assist and help you get the funds you need.

What is the criteria for applying?

  • Over 25 years of age
  • UK resident
  • Employed with a stable income
  • Can afford to make monthly repayments
  • Valid UK bank account
  • Valid UK mobile phone number and email address


How can I get no guarantor loans?

If you want a loan with no guarantor needed, you need to show that you have a regular income and can afford to make your monthly repayments. If you have a stable employment and it shows that you have money coming into your account each month, you are in a better position to repay your loan payments each month.

In addition, if you have a fair to good credit rating, this will help you get the loan that you are looking for. Your credit score gives an indication of how well you have paid other types of loans and credit in the past, and if you have a history of paying on time, this will maximise your chances of being approved for a loan with no guarantor.

In fact, there are some basic things that you can do to improve your credit rating such as joining the voting register, disassociating yourself from any joint accounts with people who have bad credit and also closing down any credit cards and store cards that you do not use. For more information, read our guide on how to improve your credit score.

How does the application work?

The application at The One Stop Money Shop is 100% online and only takes a few minutes to complete. You can apply 24 hours a day, 7 days a week using a desktop, mobile or tablet.

We require a few basic details including how much you would like to borrow, how long for, your name, address and employment details. We also require your bank account details so we know where to send the funds. You will receive an instant decision on the screen letting you know if you have been successful or not.

Subject to some further credit and affordability checks, we aim to complete and transfer funds to your bank account on the same day that you apply and sometimes this can be within just 1 hour of applying.

There are no fees for applying and you can have peace of mind that we are a direct lender and we will not share your information to any other companies without permission.

To get started, simply click on apply now below.