If you have a no guarantor loan, they will contact you to see why the payment hasn’t been made. If you foresee a problem with making a payment, you should always contact your direct lender at your earliest convenience. This shows them your intentions are good, and you do want to make your payments.

Contacting the lender will often allow you to avoid this situation, as you can resolve any issues together. It also demonstrates that you’re being honest, responsible, and have a genuine desire to pay.

Some people will want a no guarantor loan because they’re afraid a loan company will contact a guarantor if they miss a payment. Most lenders will usually only contact a guarantor as a last resort. They will nearly always try to contact you first, so if you don’t ignore them, they shouldn’t need to contact the guarantor.