Get Instant Personal Loans With No Guarantor

If you are typing ‘ very bad credit loans, no guarantor, no broker’ or ‘loans for bad credit, no guarantor’ on the internet, then we have the solution for you.

The need for credit can arise at any time for anyone and if your credit score is low then applying with a guarantor can help. 

But what if you are unable to find a broker or guarantor? While getting a loan in these kinds of situations may seem difficult, especially without a guarantor or co-applicant, there are always options.

Types of Loans Without Guarantor for People with Bad Credit

There are a number of loans available for borrowers with low credit that do not require a guarantor. These include -

Secured Loans

These loans come on the back of collateral or security that is pledged against the loan. 

Some of the generally accepted collateral could be property, gold, fixed deposits, or securities in the form of insurance policies, stocks, or mutual funds units. 

However, the value of the loan will be limited to around 60-80% of the value of the collateral provided.

Unsecured Loans from Banks

Banks and financial institutions provide unsecured loans without a guarantor. Even though the lending norms of banks and financial institutions have been relaxed over the years, they still insist on a good credit score at least if not the best credit score of 750 and above. 

A high income and employment with a reputed employer are also some of the other requisites.

If you do not meet the income and credit score criteria, you may have to settle for either a higher rate of interest, a lesser loan amount, or a lower tenure of the loan.

How to Avail Loans Without Guarantor For People With Bad Credit

As mentioned, banks and other traditional lenders generally provide loans to those with high credit scores. However, there are alternate lenders who provide loans online to even those with low credit scores. 

Not only are these loans disbursed within a few hours of application approval, a guarantor is not required either.

Apart from the above, there is also the option of availing a loan from a Peer-to-Peer Lending platform where common individuals can take on the role of lenders and lend to others who are in need of a loan without any checks on creditworthiness.

The important thing to remember is to select an option that is right for you based on your financial circumstances. All loans will have to be repaid on time, therefore choose an option that is most advantageous to you.

moneyview Personal Loans Without Guarantor

One of the top lenders in the country today, moneyview provides advantageous instant personal loans to customers. Not only is the application process simple, but the documentation requirements are also minimal. 

What’s more! As moneyview uses a unique credit rating model, even those with relatively low credit scores can avail a personal loan. Check out moneyview’s eligibility criteria and other requirements below.

Eligibility Criteria For moneyview Personal Loans

In order to avail an instant personal loan without a guarantor from moneyview, you will have to fulfill the eligibility criteria given below -

Documents Required For moneyview Personal Loan

In order to get a loan from moneyview, you need only the key documents, as listed below -

You will need to provide different documentation based on your borrower profile. moneyview may request you to submit proof of address, bank statements, and other supporting documents.

Fees And Charges For moneyview Personal Loan

moneyview’s personal loans come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are as follows -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 1.33% per month

Loan Processing Charges

Starting from 2% of the approved loan

Penal charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

Rs.500/- each time

Part/Full Payment of the Loan (Loan Foreclosure)

  • No part payments are allowed

  • To foreclose your loan, you should have paid a minimum of 3 EMIs.

Loan Cancellation

  • No additional charges levied

  • The interest amount for the period between loan disbursement and loan cancellation will be payable.

  • Processing fees will also be retained.

Why Choose moneyview Loans?

People looking for instant loans with no guarantor and amazing benefits will surely appreciate all the unique benefits moneyview offers. 


If you have a low credit score then availing a loan can become complicated. Most lenders only provide loans to those with credit scores above 750. Luckily, there are a number of options available for those with low credit scores as well.

If you wish to avail a personal loan without a guarantor that is disbursed within 24 hours of application approval, requires minimal documentation, and has a unique credit requirement, moneyview is definitely an option to consider. Download the app or visit the website to apply today!

Loans without Guarantor - Related FAQs

Credit scores are assigned by the Credit Bureaus in the range of 300-900. Higher scores are preferred as they indicate better degrees of creditworthiness and lesser risk to the lender in lending. Generally, a CIBIL score of 750 and above is preferred by traditional lenders while lending.

Individuals with low credit scores do find it difficult to avail loans. Lenders may require the provision of a guarantor or collateral to release the loan or they may provide the loan on unfavorable terms like a higher rate of interest, a lower loan amount or a shorter tenure.

Money View is an online lender that lends personal loans to individuals without a guarantor. They are available even for those with a low credit score. Our minimum credit score requirement is a CIBIL Score or an Experian Score of 650.

Given below are some of the advantages of availing a personal loan from Money View:

  • Your eligibility check takes just two minutes

  • You can avail a loan of any amount, starting from Rs. 5,000 up to Rs. 10 lakh

  • Enjoy flexible repayment plans of up to 5 years

  • Get the loan amount within 24 hours of approval

  • Highly competitive, low-interest rates starting at monthly charges of 1.33%

  • No paperwork as all our processes are carried out online

Banks and other popular financial institutions require a minimum CIBIL score of 750 or above to provide a loan. However, at Money View, we employ our own alternate credit scoring model taking into account various other data points. Therefore, we require our applicants to have a minimum CIBIL score and an Experian Score of 650 to be eligible for our personal loans.


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