Online Guarantor Loans from £1,000 to £15,000

People with a damaged credit history who may struggle to get a personal loan from their bank, but still looking for:

1. More affordable finance  –  around 49.9% APR versus 500%+ for other types of adverse credit loan.
2. A larger amount  –  from £1,000 up to £20,000 vs a max of £2,000 for other types of loan.
3. To repair their credit score, by taking out a loan and paying it back.

It’s best to first ask close family and friends with a strong credit history, people who know and trust you 🧑🏽‍🤝‍🧑🏽

Before you do, it’s worth doing a little bit of preparation, to give them the information they may ask for:

• Why you need the money  –  a good reason why you need the amount you need and what it is for
• You can afford the monthly repayments  –  the biggest concern they will have is the monthly repayments, that they are not stuck paying these. So, you will need to show them that you can comfortably afford the monthly repayments.
• Full details about being a guarantor  –  this can be found on our detailed page Being A Guarantor Guide

For more information see: How do you find the perfect guarantor?

The application process is fast, and within twenty-four hours is possible ⏱️

There is no guarantee that will happen and typical time delays are:

• Time for the borrower to fully complete their application, and provide required information to the lender.
• Time for the borrower to find a guarantor.
• Time for the guarantor to fully complete their application, and provide required information to the lender.

Once all this is done, it’s possible to get loan funds paid out within twenty-four hours of receiving a fully completed application

No, approval cannot be guaranteed 🤞🏼

Though 9 out of 10 of our lender applicants get accepted.

• Every lender has its own criteria , and whether they decide to lend to you will depend on your personal situation the status of you, and your loan guarantor.
• If you and your guarantor meet the lender's criteria , then this will greatly increase your chances.

Warning: avoid anyone claiming that they guarantee you will be approved, as this is strictly forbidden by the FCA.

For more information see here.

Yes 👍

We offer many types of loans for people with a bad credit history:

• Guarantor
• Doorstep
• Installment Loan
• Payday Loan

Just fill out our loan application to find the lenders who have pre-approved your application.

We cannot guarantee this, but it is possible 👍

Many people who have failed their banks’ credit checks for an unsecured loan from their bank have been approved for a guarantor loan (subject to meeting their criteria affordability checks).

Whilst there is no guarantee you will be approved, if you apply , you will be shown a list of lenders who have pre-approved your application (with no hard checks on your credit file).

For getting quotes via this website there will not be a credit check 👍

• The lenders just do a 'soft search' and this does not impact your file in any way.
• When you make a full application and enter your personal details to a lender you will be credit checked, but if you have a poor credit rating that is not a problem.

Our lenders also consider

• Your guarantor's credit file, their financial situation, and income
• Affordability for the monthly repayment for you and your guarantor

Once you are making your monthly loan repayments, these will be recorded on your credit file which will start building up your credit score.

They start from £500 and go up to £15,000 👍

• So, if you're after a £1,000  ,  £2,000  ,  £3,000  ,  £5,000  ,  £10,000  or  £15,000 loan, we've got you covered.

Our lenders understand the many reasons why you may need additional funds

• Home improvements
• Holidays
• Debt consolidation
• Car maintenance or replacement
• Emergencies such as unexpected bills, breakdowns, essential purchases or other emergency situations.

Amongst many other things, a concern for the lenders is that you and your guarantor, can comfortably afford the loan payments.

So, they will do an affordability assessment, contact the credit reference agencies, and ensure you have a suitable guarantor.