How do I know if I'll be accepted?

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As long as you’re aged 18-75 and are not currently bankrupt or on an active or terminated Part IX Debt Agreement (or equivalent), then we could accept you for a ClearLoans loan.

You will need a guarantor; someone aged 18-75 who has a history of paying their bills on time. Your guarantor will be responsible for making any payments you do not, so it’s really important that the payments are affordable for you both.

Before we pay out the loan we will ask both you and your guarantor to securely send us your bank statements so we can make sure the payments are affordable. You'll then need to give us a quick call so we can check your details and arrange paying out the money. We'll also need to speak with your guarantor before we can finalise everything. We’ll always let you know if and when we can pay out the money.