loans for bad credit with no guarantor
loans for bad credit with no guarantor

No Guarantor Loans

  • Any credit score is considered
  • Unsecured loans without the need for a guarantor
  • Guaranteed decisions in minutes
  • Funding within a business day for approved applicants
Written by Kerry Vetter | Reviewed by Latoria Williams

Advertiser Disclaimer


1F Cash Advance is a financial platform that doesn’t offer loans. We connect you to potential lenders but don’t promise you'll get approved for a loan. The terms, rates, and fees may be discussed with the lender you were approved with. We recommend getting advice from a financial expert about dealing with money struggles without risky loans. For more information, read our full Legal Disclaimer.

Advertiser Disclaimer


1F Cash Advance is a financial platform that doesn’t offer loans. We connect you to potential lenders but don’t promise you'll get approved for a loan. The terms, rates, and fees may be discussed with the lender you were approved with. We recommend getting advice from a financial expert about dealing with money struggles without risky loans. For more information, read our full Legal Disclaimer.

No guarantor loans offered through 1F Cash Advance can help you get quick financing for various personal needs. You don’t need a co-signer or a better credit score to qualify – our partner lenders consider bad credit borrowers and don’t set any unrealistic requirements.

You can choose a convenient repayment option tailored to your specific situation. Simply fill out our online application form and receive an approval decision in less than 1 hour.

Representative example:

Loan amount:


Repayment period:

12 months

1F Cash Advance representative APR:


Monthly payment:


Total interest paid:


Total loan cost:


What Is a Loan with No Guarantor?

A no guarantor loan is a borrowing option that doesn’t require anyone else to co-sign your loan agreement. This means that you are the only one responsible for repaying the loan and any possible default consequences.

A guarantor with good credit and a stable income can make your application look more trustworthy, increasing your approval chances with a less-than-perfect credit score. Still, adding a co-signer entails inconvenience as it can be difficult to find one who will agree to share this responsibility.

Luckily, there are several loan options without a guarantor available to borrowers with credit issues.

Types of Loans without a Guarantor

Loans without a guarantor come in various forms. The most commonly used ones are as follows:

Cash Advance Loans

A cash advance loan is a short-term loan of up to $1,000 that is due on your next paycheck. Such loans can provide a lifeline in case of emergencies because of their accessibility, quick approval decisions, and fast funding.

Borrowers usually know whether they are approved in less than 1 hour and receive the funds within just one business day. Poor credit is not an obstacle as long as you have a stable income. A pitfall is their high APRs that can be over 400%.

1F Cash Advance recommends approaching these loans cautiously. Their high costs and short repayment times can easily trap you in a debt cycle.

Installment Loans

These are lump sum deposits that borrowers repay in equal monthly payments within 2 to 24 months. The installment loans available through 1F Cash Advance range from $1,000 to $5,000, depending on your income and credit history. APRs are typically between 16% and 100%.

While installment loans offer more flexibility and relieve your budget, they also come with a higher total loan cost due to a longer loan life. Here’s an example for a $1,000 loan at a 25% APR.

Repayment Period Monthly Payment Total Interest Paid Total Loan Cost
12 months $95.04 $140.53 $1,140.53
24 months $53.37 $280.92 $1,280.92

Therefore, you need to choose an appropriate repayment term so as not to overpay too much.

Credit Cards

A credit card allows you to access money from time to time within a set limit. This may be convenient if you need a financial cushion for your day-to-day expenses or unforeseen emergencies. A credit limit can be up to $10,000, but it depends on your income.

Credit cards are a form of revolving credit, meaning that you can use the money, repay it within a billing cycle, and tap it again. This way, you won’t pay any interest on what you used.

Another option is to make only the minimum payment, which is calculated based on the amount spent. In this scenario, you will be charged interest on your outstanding balance. Credit card APRs are usually from 18% to 30%.

Some cards also offer a 0%-APR period of 6 to 21 months. Within this term, you make a minimum monthly payment but are not charged any interest on the outstanding balance. After the period ends, an APR will be applied to the entire unpaid balance.

Pros and Cons of No Guarantor Loans

Weight up all the ins and outs to better understand whether the option is right for you.


  • You won’t put relationships with your loved ones at risk if you default on the loan;
  • Faster application process and funding times make no guarantor loans suitable for emergencies;
  • There will be more options available to you since joint loans are a very specific loan type;
  • There’s no need to immerse third parties in your financial situation.


  • It may be more difficult to qualify for the loan with less-than-perfect credit;
  • Interest rates may be higher compared to co-sign options;
  • The maximum loan amount for no guarantor loans tends to be lower.

When Should You Apply for a Bad Credit Loan with No Guarantor?

A loan with no guarantor can be a wise solution for bad credit borrowers who need money fast. As there are no third parties added to your application, the loan request can be processed within just 1 hour.

Most lenders offering these loans perform no credit checks, meaning that they won’t request your credit reports from major credit bureaus. Instead, they only run a soft inquiry via alternative means to access your overall financial situation without affecting your credit score.

All these increases approval chances with bad credit, speeds up the entire loan process, and makes loans with no guarantor suitable for financial emergencies. Whether it’s a high medical bill, a car breakdown, or an unexpected home repair, you can receive the much-needed support within just 1 business day.

Still, you need to approach this option responsibly. Before deciding on a no guarantor loan, ask yourself a few questions:

  1. Is it a necessity? Make sure you really need a loan, and don’t take on unnecessary debt for your momentary desires. If you need professional advice, turn to a credit counselor. Some of them even offer free consultations.
  2. Are there any alternatives? Take your time and assess all the options available to you at the moment. Some of them may be much cheaper or come with more flexible repayment terms. Ask your friends or family members to lend you the needed amount, sell something you don’t need anymore, or ask your employer for a paycheck advance.
  3. What amount do I need? Decide on how much you need to borrow based on your current loan purpose. Be realistic and don’t obtain more than needed to avoid overspending and unnecessary debt.
  4. Is an APR reasonable? Your loan interest rate directly affects the total loan cost. Check out the average APR for the loan type you consider and compare it with what you’re offered to make sure it’s a fair price.
  5. What repayment term should I pick? Choose an acceptable loan duration with both convenient monthly payments and reasonable loan cost. While a longer loan term results in a lower monthly payment, it increases the interest paid over the loan life.
  6. Can I afford a new loan? Don’t overburden yourself with debt if you’re uncertain of your ability to pay it back on time. Late payments often come with extra fees, increasing the amount you owe. Loan default also leads to further credit issues and makes it difficult to access loans in the future.

Why Is 1F Cash Advance a Good Choice?

1F Cash Advance simplifies the loan process and saves you time and effort at the selection stage. We partner with multiple trusted loan providers across the US, and you can access their offers by filling out just one online application form.

You don’t need to waste time doing your own research. We’ve critically assessed each partner before adding them to our database and can help you find the right solution in a few clicks. Here’s what we offer.

Convenient loan procedure. You can apply online from the comfort of your home in just 5 minutes. No extensive paperwork or fax machine is needed;

High acceptance rate. As there are multiple offers from different partner lenders, your approval chances increase;

No hard credit checks. Loans offered through 1F Cash Advance don’t involve a credit inquiry via major credit bureaus. The process is fast and hassle-free, even with bad credit;

Quick approval and funding. You will know whether you’re approved within just one hour. After you accept an offer, the money will reach your bank account within one business day;

Customer-centered approach. We do our best to help you find the right offer tailored to your unique needs;

Safety. We don’t share your application details with non-affiliated third parties and use 2048-bit SSL encryption to protect your sensitive data.

Check Your Eligibility

To qualify for a no guarantor loan through 1F Cash Advance, you need to meet the following basic criteria:

  • Be at least 18 years old;
  • US permanent resident or a legal citizen;
  • Have an active bank account in your name;
  • Have an income of at least $1,000 per month.

Please note that each lender may have its specific requirements. You may also be asked to provide supporting documents to verify your application details.

3 Steps to Get a Loan through 1F Cash Advance

1F Cash Advance offers a convenient and hassle-free application process you can complete in just 5 minutes. Here are 3 steps to follow:

  • Fill out an application form online. You only need to answer a few basic questions and provide your personal and financial details required to make a loan decision.

  • Get a response. One of our lenders will review your eligibility and send you a loan decision via email. If approved, read the agreement carefully and sign it if you agree with the terms.

  • Receive the money. It will be deposited into your specified bank account in as little as 1 business day. Same-day funding is possible for applicants approved before noon on weekdays.

Get no guarantor loans for bad credit without a credit check

5 Tips to Get a Better Loan Offer

Even if your credit score is not excellent, there are some ways to get more favorable loan conditions without adding a co-signer. Here are some practical tips to follow.

1. Improve Your Credit Presence

Although you can’t increase your credit score overnight, taking some consistent steps toward it will pay off in the future. Pay your bills on time, keep track of your credit utilization, keep your old accounts open, and don’t apply for new loans too frequently. You can also check your credit report for errors and dispute any inaccuracies.

2. Verify All Your Income Sources

Your income becomes extremely important if your credit score leaves much to be desired. Therefore, you need to prove it’s your strong point to increase your approval chances and secure better loan terms. Provided information about all your income sources, including employment, government benefits, tax returns, and other regular cash inflows.

3. Pre-Qualify from Several Lenders

This will help you compare loan offers from various service providers and find the most reasonable one. Many lenders now allow applicants to pre-qualify without undergoing a hard credit check. This means that you can shop around for a loan with the best possible terms without any impact on your credit score.

4. Provide Collateral

Besides adding a guarantor to your loan application, you can also provide some of your valuable assets as a repayment guarantee. Collateral will offset the lender’s risk, which potentially results in lower interest rates, higher loan amounts, and more repayment flexibility. Still, a borrower becomes the one who risks. In case of default, a lender can seize the pledged asset and use it to cover losses.

5. Reduce Your Debt

Your debt-to-income ratio is another factor lenders look at when assessing your creditworthiness. It shows what portion of your monthly income goes toward your current debts. Borrowers with the ratio of more than 43% are more likely to violate their debt payment obligations, so lenders may be unwilling to deal with them. If your DTI is high, try to pay off some of your high-interest debts to show lenders you can manage your finances adequately.


Can You Get a Non-Guarantor Loan with Bad Credit?

Sure, non-guarantor options offered by 1F Cash Advance are available to borrowers with any credit. Just keep in mind that lenders will be focused on your ability to repay the funds, so you need to prove you're solvent to qualify.

Does 1F Cash Advance Perform a Credit Check?

In most cases, loans offered by 1F Cash Advance only come with a soft credit check that doesn't affect your credit score. This check is needed to make sure you can comfortably repay the potential loan without much strain on your budget.

Will a No Guarantor Loan Affect My Credit Score?

A no guarantor loan can affect your credit score if you default on it. Late payments that are 30 days past due will appear in your credit report, lowering your credit rating. If you apply for the loan from traditional lenders, it may also drop your FICO score by a few points due to a hard credit check performed.

How Much Can I Borrow If I Have Bad Credit?

The exact amount also depends on your income, the lender you deal with, and the loan type you choose. At 1F Cash Advance, you may get between $100 and $5,000 if you prove your ability to repay the borrowed amount.

How Fast Will I Receive My Money?

Loans from 1F Cash Advance are usually transferred as soon as the next business day. It may be possible to get a same-day deposit if you accept a loan offer before noon on a weekday.

What If My Application Is Rejected?

The most common reasons for refusal are a poor credit history and insufficient income. You can request a lower loan amount or apply once again a little later. As there are multiple lenders in our network, your next attempt may be more successful. Don't worry, this won't affect your credit history.

Is a Loan Without a Guarantor Expensive?

No guarantor loans tend to be more expensive than options with a co-signer as they carry more risk to a lender. A cash advance loan can have an APR of 200% to 600%, while installment loans usually cost anywhere from 16% to 100%. Your credit score and income also play a role in determining your loan cost.