The founders of the Guarantor Loan website understand how difficult it can be to have enough cash to get through the month. Unplanned emergencies like car repairs, medical bills and more can take already strained budgets and cause them to be smashed. Unfortunately, those who have no credit or slow credit may not be able to work with traditional lenders.
This is where Buddyloans.com can help. By offering secured loans between £ 500 and £ 7,500, the company can help people overcome difficult economic challenges and hopefully alleviate some of their stress and anxiety in the process.
As an article on the new website explains, guarantor loans are based on trust, and allow a relative or family member to support their loan application by guaranteeing repayments.
“It is a much more flexible loan system than most modern loans which are often turned down when the borrower has bad credit or does not own their home,” the article notes, adding that because every applicant has a buddy acting as his or her guarantor, there is less risk for Buddyloans.com which makes them even happier to lend money.
“That means we can reward you with lower interest rates and fees, and we won’t endanger your home if you default.”
In general, bad loans like those available on Buddyloans.com are readily available to most applicants, and because the interest rates are lower than payday loans, they take even less time to repay.
Anyone interested in knowing more about secured loans is welcome to visit the new Buddyloans.com website at any time; there they can find out more about who qualifies to be a “buddy” loan and why this type of loan is such an exceptional solution for so many people.
Buddy Loans is a professional guarantor loan company licensed by the Office of Fair Trading. The company provides loans between £ 500 and £ 7,500 over a period of 12 to 60 months. The typical business APR is 49.9%, which makes it much cheaper than payday loans. Buddy Loans provides loans based on the borrower’s ability to repay the loan and whether a buddy (guarantor) also feels that they can and will repay the loan. All applicants are considered, regardless of their financial background. For more information, please visit https://www.buddyloans.com/
Media contact: Eileen Lane, Buddyloans.com, (949) 555-2861, [email protected]
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