Representative 68.7% APR (variable). Representative Example: If you borrow £500 over 6 months at a Representative rate of 68.7% APR (variable) and an annual interest rate of 292% (variable), you would pay 6 monthly instalments of £96.80. The total charge for credit will be £80.78 and the total amount payable will be £580.78.

Rates from 45.3% APR to 1575% APR - we provide a no obligation quote; your APR will be based on your personal circumstances. You can choose a repayment period from 3-60 months when completing your application.

Your journey to getting accepted

Choose a loan

Choose the amount you would like to borrow. Between £100 and £10,000.

A quick and easy form

Fill out our simple form. It takes about 2 minutes and is 100% safe.

Quick payout

Once approved, cash can be credited to your account in just 15 minutes.

What is a guarantor loan?

A guarantor loan is a loan that requires a “guarantor” (normally a friend or family member) to back up or guarantee your loan application. This means that they have to be able to cover the repayments of the loan if you can’t. Guarantor loans typically range between £500 and £15,000 repaid over 12 to 60 months. All of the guarantor lenders that we work with are approved by the FCA (Financial Conduct Authority)

When and why is a guarantor loan useful?

If you have poor credit. In this case, you will likely have a better chance of getting a lower APR loan than if you were to apply with a bad credit lender on your own, as the lender as the guarantor as extra security, allowing them to give you the money at a lower rate. If you have been declined in the past by other lenders. The guarantor lender will be able to accept you providing you can find a suitable guarantor. If you have no credit rating a guarantor loan can be a method of getting a better credit score. Providing the repayments are made on time and the loan is paid off within the term period.

5 steps to get a guarantor loan

  1. Use the sliders above to pick your loan amount and term.
  2. Fill out our 2-minute application form.
  3. We will search for lenders that will accept you based on the information you have submitted to us.
  4. Complete final checks with your chosen lender
  5. If approved you can receive the funds in as quickly as 15 minutes

What do you need to be eligible for a guarantor loan?

Most lenders require is that their applicants are UK-residents aged 18-75, not on an active bankruptcy, IVA or equivalent and are able to easily afford the repayments.

You will also need a friend or family member who trusts you to be your guarantor.

Who can be your guarantor?

You can ask a friend, or family member to be your guarantor, we recommend asking the people who know you best.

Remember your guarantor will need to be:

  • At least 18 years old (some lenders require them to be over 21)
  • In full-time employment
  • Have a strong credit score with a history of always paying their bills on time
  • Someone you do not share a bank account with
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk