No fees, no charges; fair loans even with bad credit?

A loan with no fees, no charges and where you tailor the amount borrowed to the nearest £100 and with a term to suit you, so that you borrow exactly what you need and with a repayment you can afford. How fair is that?

But it gets fairer; if you repay larger amounts as you can afford them, or if you settle your loan early, there are absolutely no fees or interest penalties. You only pay interest for the days you borrow, which also means a rebate of contractual interest………….. now that is fair!

Oh, did we mention; no fees or charges – ever, not for missed payments, not for changing a DD, not for talking to us; NO fees ever!  And the interest rate is fixed, so even if interest rates go up, your loan repayments won’t. We will also consider any Guarantor; tenant or home-owner.

The place of fair loans www.lendfair.co.uk  Guarantor loans APR 29.9% (advantage) APR 47.9% (standard)

Terms & Conditions apply.

About LendFair

LendFair are lenders that offer short to medium term loans where you repay interest and the original advance by defined, manageable monthly payments.

Our loans are fair and transparent.

Fast Fair £500 – £5000 Guarantor Loans

Who uses LendFair?

People who need a short to medium term loan with fixed monthly (affordable) payments, at a fair rate of interest. If you could easily get a loan from a Bank or Building Society, then this is likely to be your best option. For those that can’t get a traditional loan, LendFair may be the best and cheapest option. A number of our customers have used LendFair loans to repay very expensive payday loans or restructure credit card debts and get their total borrowing and repayments under control.

LendFair was created to provide “alternative loans” to some of the worst and most expensive loan products on offer such as Payday loans and unregulated doorstep lending, and because traditional bank and credit card loans were being squeezed or were becoming harder to obtain due to the banking crisis.

We aim to provide fair, responsible, transparent loans to responsible borrowers, at fair rates of interest with affordable repayments. We are regulated by the Financial Conduct Authority (FCA) and hold a Consumer Credit License, No. 0650429.

Based in the UK and easily contactable we currently offer term loans between 6 & 60 months where the loan is guaranteed by a friend or relative (the Guarantor) in the unlikely event of your default.

We do not offer Instant loans or Payday loans. You will need a guarantor and we also need you to demonstrate affordability, ie you can afford the monthly repayments.

LendFair was created to provide “alternative loans” to some of the worst loan products on offer such as Payday Loans and unregulated doorstep lending and because traditional bank and credit card loans were being squeezed or were becoming harder to obtain due to the banking crisis.

We aim to provide fair, responsible, transparent loans to responsible borrowers, at fair rates of interest with affordable repayments.

Is big best? We don’t think so.

We have noticed a couple of the bigger Guarantor lenders, including Amigo, are not offering the most flexible and therefore cost effective options to potential borrowers. So take Amigo for example; you can now only borrow in increments of £250 and periods of whole years; 1,2,3,4 or 5 years.

 

This means if you wanted to borrow, say £1,300 over 14 months, you would have to chose £1,500 over 2 years. Cost in interest £725.28
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