Buddy Loans
Guarantor Loans from £1,000 to £7,500

Buddy Loans is a relatively new lender in the guarantor space, but in a relatively short space of time is creating waves due to a large number of very positive reviews by their customers online.

Buddy was set up by Nicholas Zapolski and Guy Mackenzie in 2013 and is the trading name for Advancis Limited. Both have a rich background within the financial services industry and have created a company which in a short space of time is getting plenty of positive reviews by its customers online.

While you could be mistaken in thinking that Buddy is just the same as all the other lenders offering £1,000 to £7,500 loans at a 49.9% representative APR, their differentiating factors include

  • online customer accounts
  • no fees for fast pay-out or early redemption.

We certainly, therefore, think that Buddy should be worth serious consideration.

Loans from
£1000 to £7,500
12 to 60 months
Representative APR
49.9% representative
See representative example
Lending rating
58.6 out of 100
Time to Apply
2 minutes 35 seconds

Loan Highlights

Good option for those with bad credit

Online portal for easy management

Approval decision within the hour

No paperwork to complete, 100% online

Your guarantor does not need to be a homeowner

More features

Minimum Criteria

Your guarantor must be aged between 18-75

Your guarantor must have a good credit score

Your guarantor must have a minimum income of £1,000pm

Your guarantor must have a UK bank account


Maximum APR 49.9%

Arrangement fee: £0

Early repayment fee: £0

Late payment fee: £12

Top 3 loans by score, reviews and cost

Compilation of Buddy's online reviews

4.7 out of 5 from 1,435 online reviews

Buddy has many reviews online, on Trustpilot, Reviewcentre and Readies; however the majority of these are on Trustpilot:

  • 1,369 reviews
  • Excellent - 86%
  • Great - 12%
  • Average - 1%
  • Poor - 1%
  • Bad - 1%

We have compiled below a selection of these reviews, both good and bad.