1Plus1 Loans

If you are applying for a loan at 1Plus1 then you are required to have a guarantor.

With a poor credit history or no history at all, we need your trusted friends and family to verify your ability to repay the loan. Hereafter we will perform the necessary affordability checks on both parties and, once everything is in the clear, we can payout the quick cash loan.

A lender you can trust

At 1Plus1 we take several precautions to protect you and ourselves from running into any debt problems which is why we ensure that you can afford the credit that you apply for. We do this by verifying your income and expenditure and we have links with banks and other financial institutions that can do so without bank statements or payslips which greatly speeds up the application process.

You can also apply for a debt consolidation loan if you have too much debt and can no longer afford your monthly repayments.

Call a friend, lend a hand

At 1Plus1, where credit ratings are not everything, we understand that friends and family can lend a helping hand. Your friends and family know you better than we do which is why we operate with guarantors.

A guarantor is like your own personal safety net – if you are unable to make a payment then the responsibility for repayment will fall onto the guarantor.

How can I apply to be a guarantor?

In order to apply to be a guarantor you need to have a good credit history, reside in the UK, be between the age of eighteen and eighty and be able to afford the repayments should the borrower fail to do so. A soft credit check will be completed on you as a guarantor in order to determine whether you are able to afford the repayments should the responsibility befall to you.

How do I make my repayments?

Repayments are scheduled monthly. The amount paid monthly depends on the duration and interest rate on your loan. However, repayments are not limited to monthly repayments. If you wish to do so you can pay back your loan in full at any time at no additional cost.