Welcome to Everyday Loans! Tell us if this story sounds familiar to you – You're young, and you want to purchase your first home. You go to a bank for a loan, and complete the application process. Once it has been submitted, the bank comes back to you and tells you that your credit rating isn't good enough for that kind of loan. You feel stuck, and you're not really sure what to do. Raising your credit score is tough, and takes a lot of time. By the time it gets to where you need it to be, the house you are after will probably be sold. What are you supposed to do then?
One solution is to get a guarantor loan. In most cases like this, young people can have their parents sign off on the loan and become what is known as a guarantor. They use their good financial record to get you a better rate on your loan, one that would not have been available if you had just signed up by yourself. This allows you to get the loan that you need, when you need it, without having to worry about incredibly high interest rates. And as long as you make your payments each month, your parents, or whomever you ask to be your guarantor, won't notice any affect on their own finances.
If you're not sure if you want to get a guarantor loan, Everyday Loans is here to make that decision easier. On our site you'll find plenty of information regarding guarantor loans, along with tools to help you determine if you can afford a guarantor loan. Click Here to read more about guarantor loans. We have provided loan calculators, which are easy to use and very helpful. You can input the amount you want to borrow, and how long you want the loan term to be. You can play around with the sliders to determine a loan structure that works for you. Keep in mind that the longer loan term, the less you'll have to pay each month, but the more you'll end up paying in the long run. Test it out and see if you can find something that works for you. By knowing in advance what your loan will look like, you can plug the numbers into your budget and see if you can afford it, all without having to sign any papers.
Once you've decided on getting a guarantor loan, you can complete the loan application right from our website. Our aim when designing the application was to make it as easy as possible for you to fill out and complete. If you and your guarantor are ready, you can start filling out the application now and be done with it in no time at all. Even better, once you are approved, you will usually have your money within 1 business day. There's no complicated documents, no wait times, and no hassle.
There are plenty of guarantor loan sites on the web such as BetterGuarantorLoans.co.uk, but we think Everyday Models stands out from them for several reasons. The first, as we mentioned before, is our loan calculators. Not every lender will let you see what you will be paying before you begin the application process. Second, we are confident in our interest rates, which is why we have no problem showing you what you'll be paying before you even start applying. You are welcome to try and find a lower rate elsewhere, but we don't think you'll have much luck. Lastly, we value customer service above all else. If there is anything you need from us, at any time, we will do whatever we can to assist you.
We know that you probably need a loan quickly, so don't wait any longer to get started. Use our loan calculators, see how much you can borrow and what it will cost you, and when you are ready, start filling out the loan application. Everyone deserves to be able to buy their own home, even if their credit score is less than ideal. By using a guarantor you can get the loan that you need, when you need it. Thank you for choosing Everyday Loans, and we look forward to providing you with an excellent guarantor loan experience.