LendFair

LendFair offer fixed term guarantor loans from £500 to £5000 over periods from 6 months to 5 years. All the applicant needs is a guarantor who will repay the loan for them if they are unable to such as a friend or relative. The person must agree to the loan before it is given.

LendFair offer fixed terms guarantor loans to people over the age of 18 who are looking to borrow between £500 and £5000. Their terms can be as short as six months or as long as five years providing they have a guarantor who will agreed to repay the loan if the applicant is unable to for any reason. The guarantor needs to be under the age of 75, a homeowner or tenant for at least two years and must sign an agreement beforehand to confirm their compliance. Applications are typically processed within 24 hours and sometimes as quickly as four hours.

Loan - £500 – 5000

Terms: 6 months – 5 years

APR – 48%

Representative example: Borrow £2800 over 36 months repaying £134.45 a month. Total repayable £4840.20. Representative APR 48.0% fixed. Interest rate 48.0% fixed.