Guarantor My Loan
Guarantor Loans from £1,000 to £10,000

Founded in Norwich and trading since August 2014, Guarantor My Loan is a loan lender with a difference providing affordable guarantor loans to borrowers in the UK.

They have grown and developed into one of the more innovative and popular loan lenders in the market today. They’re proud of our pioneering peer-to-peer lending model, which benefits both lenders and borrowers who are looking for more affordable rates than they could maybe get elsewhere.

Loans from
£1,000 to £10,000
Repayment duration
12 to 60 months
48.9% representative
See representative example
Lending rating
61.4 out of 100
Time to Apply
3m 02s - Average

Loan Highlights

Early repayment with no charges

Peer-to-peer lending options available

1 month’s cashback available upon repayment of the loan

More features

Minimum Criteria

Must be a UK resident

Must be aged 21 or over

Cannot have a history of bankruptcy or any active IVAs, CCJs etc

Guarantor must be aged 21 or over

Guarantor must be able to demonstrate a good credit history


Maximum APR 48.9%

Arrangement fee: £30.48

Early repayment fee: £0

Late payment fee: £11.50

Top 3 loans by score, reviews and cost

Compilation of Guarantor My Loan's online reviews

3.7 out of 5 from 152 online reviews

Guarantor My Loans has over 150 reviews online, on Trustpilot with all of them appearing on Trustpilot:

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

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

My verdict of Guarantor My Loan

By Jon Edward

Lender performance rating 61.4 out of 100

A reputable and well-established lender, Guarantor My Loan offers an excellent level of service and an affordable APR.

As evidenced by their online reviews, their reputation is positive and they stand out from the crowd by offering peer to peer lender which allows a spouse to act as guarantor.

A slight word of caution relates to the fact that there are reports of above average times for the processing of applications which can be an issue should funds be needed quickly.

However, with no hidden fees or charges and the promise of one month’s instalment as a cashback option upon full and timely completion of repayments, Guarantor My Loan is a company well worth considering.

Loan Description

Guarantor My Loan’s loans range from £1,000 to £10,000, and their repayment periods are from one to five years. See our summary of some of their loans pros and cons:

We always recommend comparing loans and researching other lenders before applying

Representative Example

The following is representative example for a Guarantor My Loan

Representative Example - £3,000 over 36 months, representative 48.9% APR Fixed. Monthly Payment £145.17. The interest is 10% per annum fixed and service fee is 30.48% per annum fixed. Interest payable £549.95 and service fee payable is £1,676.17. Total repayable £5,226.12


Company Information