UKCredit Loans £2,000 - £15,000

UK Credit's online reviews from TrustPilot

Update: due to Corona Virus, UK Credit has paused lending to new customers, click Get Quotes to find the lenders who're still active.

Recent reviews for UK Credit

4.6 / 5 from 1,557 online reviews

UK Credit has received a good number of reviews on Trustpilot. In the last year their reviews are broken down as below:

  • Excellent: 84%
  • Great: 12%
  • Average: 2%
  • Poor: 1%
  • Bad: 2%

UK Credit is now one of the major players in the UK guarantor loans market.

They have a distinct product offering and will lend to those whose guarantors are both tenants and homeowners. They do stand out, as if your guarantor is a homeowner, then they have very competitive rates from as low as 37.9%. UK Credit have a very clear pricing structure and charge more or less depending on whether or not your guarantor is a homeowner. See their rates.

Homeowner Loans 2

Amount: £5,000 - £7,500

Term: 24 – 60 Months

Representative APR: 37.90%

Homeowner Loans 1

Amount: £1,000 - £5,000

Term: 12 – 36 Months

Representative APR: 39.90%

Tenant Loans

Amount: £1,000 - £4,000

Term: 12 – 48 Months

Representative APR: 54.90%

So as you can see, UK Credit so offer some of the best rates in the market, and with a large number of positive customer reviews, they certainly are a good company worth considering.

Loans from £2,000 - £15,000
Term 12 - 60 months
APR 39.9% representative
See representative example
Rating 68.7 / 100
Time to Apply 1 min 45 secs

Loan Highlights

UKCredit accept tenant guarantors

You can get a quote on their website without it affecting your credit history

Once your loan has been paid out, you can manage your account online.

More features

Minimum Criteria

You need a guarantor with a good credit history to back your application

You need to be between 18 and 75 to apply

You need a bank account with debit card and direct dedit facility to apply


Maximum APR 69.9%

Arrangement fee: £0

Early repayment fee: Approx. 2 months interest

Late payment fee: £0

Frequently asked questions


What is the application process?

The process of applying for a loan with UK Credit is quick & simple 🏃💨

  • Choose the amount that you want to borrow and time you want it to pay it back over.
  • Fill in the online application form.
  • We'll then need to have a chat with both you and your guarantor.
  • You may be asked to send us some documentation for verification purposes (the quicker this happens, the faster the money gets paid out).
  • The funds are transferred directly to your guarantor.
  • It's our guarantor’s responsibility to transfer the money into your account.

How quickly can I get a loan?

They say "work as hard as we can to pay out loans as quickly as possible" 🙋

Time to get a loan depends on:

  • Speaking to you and your guarantor in good time.
  • Quickly receiving the requested information, such as proof of income, or proof of residency
  • If you applied during a bank holiday, a weekend or a particularly busy period.

Are there any up-front fees?

Absolutely not 👍

  • UK Credit does not charge you any upfront fees to apply for a loan, and zero fees will be added to the loan.
  • is free to use, and also charges zero fees.

Can I pay off the loan early?

Yes 🙂

  • To pay back the loan get in touch with UK Credit and they'll calculate the settlement figure.
  • Paying the loan back early could dramatically cut the amount that you could repay in the long-run.
  • If you settle the loan early an early settlement charge will be applied.

Pros and Cons

UK Credit offers loans from £2,000 up to £15,000, the following summarises the main features.

UK Credit provides a solid loan offering and we have found them to be responsive and professional; though we would always suggest looking at the other options on the market before making a final decision.

My Verdict

By Jon Edward

Rating - 68.7 / 100

UK Credit currently offers the most attractive Representative APR of all our lenders at 39.9%.

  • To get this rate your guarantor will need to be a homeowner.
  • As a comparison (based on Representative APR), if you get a £3,000 loan with UK Credit for 36 months the total sum re-payable is £4,827.60, this is £442.44 less than the same loan from Amigo**.
  • UK Credit also enjoys over 1,000 positive online reviews on Trustpilot, so are a lender to consider.

** Please note that these figures are based on Representative APR, the rates you are offered may differ depending upon your personal circumstances.

Company Info

UK Credit Representative Example

Borrowing £4,000 over 3 years. Representative 39.9% APR fixed. Monthly payment £178.80. Annual interest rate 34.05% fixed. Interest payable £2,436.80. Total repayable £6,436.80.