If you do not have your own income or study, it is hard to find a loan. It is precisely the lack of own and regular income that makes it impossible to borrow money. The Bank requires collateral, proof of salary from the employer or liability. And the guarantor’s requirements are the same as for the applicant.
Problem with guarantor
Seeking a guarantor when there is no collateral or a paycheck from an employer often chooses many applicants for despair. Sometimes a relative or acquaintance can be found to be guaranteed. This, however, becomes as responsible as the applicant himself. The guarantor must unconditionally accept the obligation to repay the loan and even guarantee all its assets. If he wanted to borrow himself, he had a bank registry entry and that’s why he might not get the loan himself.
An elegant solution
A loan without a guarantor is the right and clever solution. You don’t have to look for anyone and be obliged. Also, you will not be regretted that you have prevented someone from taking your own loan. For some loans, your situation is not critical. These are shorter financial commitments, but you can repay them and borrow again. Because there are no problems with the deal, the loan is fast and reliable.
Cash on account or cash
A loan without a guarantor is handled quickly over the phone or online via the internet. All you need to do is fill in your personal information. No one is looking for your property and there is no need to prove regular income. This makes the process virtually instantaneous. Only your identity will be verified. The loan is then approved within a few minutes and you can even choose to transfer to your account or pay out in cash.
Loan for anyone
A fast and profitable loan without a guarantor will immediately provide the funds very quickly and much more willingly than many acquaintances and relatives. You ask yourself and you don’t have to beg anyone. You can deal with your financial problems quickly and without any advice and recommendations. A loan without a guarantee is a good solution when you rely on yourself and your options.