Online Guarantor Loans from £500 to £15,000
Get quotes in 3 minutes for the loans you've been accepted for
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- Borrow £500 - £15,000
- Quotes in 3 mins
- Poor credit OK
- Great rates from 29%
- Same day payouts
- High acceptance rate
Representative Example - if you borrow £1,000 over 12 months, repaying £103.06 per month, total repayable is £1,236.72 with an interest rate of 49.9% (variable).
- one simple form
- up to 27 lenders
- instant quotes
- all online
- no obligation
- free service
- secure
Why use our website?
We love guarantor loans and have been helping people get easy access to the very best loan deals since 2015.
We even do no guarantor loans!
FAST
Easy access to all the best deals. One simple form to up to 27 lenders.
(no mark on your credit file)
FREE
This site is free for you to use. Loans cost the same as if you went to the lender directly.
(we’re paid by the lenders)
SAFE
We are fully FCA regulated and Information Commission Office registered.
(we’re a Surrey-based firm)
Frequently asked questions
What is a guarantor personal loan?
- Unsecured credit that requires the borrower to find someone to guarantee their application - typically, a family member or friend (with a good credit rating and regular income).
- A type of loan that helps people with a bad credit rating access affordable finance.
- The borrower and guarantor sign the agreement, and if the borrower defaults, the guarantor has to make the monthly repayments.
Who are the loans for?
- People with a poor credit score who are looking for affordable finance.
- People with no credit history who are looking to build their score.
How to find a guarantor?
- Ask close family and friends, people who know and trust you.
- Give them the information they need
- Questions - see Being A Guarantor
- Prove that you can afford the monthly repayments
- Explain why you need the money
- For more information see: How do you find the perfect guarantor?
How quickly is the money paid out?
- Application forms are quick and easy to fill out, and typically take 3-minutes.
- In many cases payout is within 24 hours, though it can be the same day* - see estimated loan pay-out times
* Dependant on you getting all the information required by the lender in good time.
Will I get credit checked?
- For just getting a quote via our website you will not be credit checked. The lenders just do a 'soft search' and this does not impact your file in any way.
- When you take the next step of making a full application 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
- The credit history and income of your guarantor
- Affordability for you.
- Once you are making your repayments, they will be recorded on your credit file to build up your credit score.
What can I use the money for?
Our lenders understand there are many reasons why you may need access to additional funds:
- Home improvements or holidays, or to cover emergencies.
- Their main concern is that you can afford their monthly repayments.
Do I, or my guarantor need to be homeowners?
- No, but the best rates are for guarantors who do own their own home.
- Your guarantor can be a tenant, for the options available click here.
- You can be a tenant or living with parents, many of our lender’s customers are.
- The finance is not secured against property, all are ‘unsecured’.
What charges are there?
- We are a free service - here is no charge for using GuarantorloansUK.net (see How We Earn Revenue)
- For details of all fees and interest charges for the loans you qualify for click get quotes.
What is the cheapest option?
- Our cheapest loans range from 29% to 59.9% Representative APR.
- The finance available to you depends on your own personal circumstances.
- See here a list of the lowest cost options.
- To find out the options available to you fill out this 3-minute form to get quotes.
Is getting a loan guaranteed?
- A successful application cannot be guaranteed 🤞🏼
- Every lender has their own criteria, and whether they decide to lend to you will depend on the status of you and your guarantor.
- For more information see here.
What if I cannot make the repayments?
- Contact your lenders straight away if you are having difficulties.
- If you miss a payment, it is most likely that your lender will contact your guarantor directly to collect payment.
Can I pay off the loan early?
- Most of our lenders do allow over-payments and paying off early.
- Though check precise details with your preferred lender before signing the agreement, to ensure this meets your needs.
Are you like a payday loan?
NO, see the differences:
- Payday: small loans typically up to £2,000 maximum, we do loans up to £10,000.
- Have very high-interest rates up to 1,500% Representative APR, our interest rates are typically 39.9% to 59.9%.
- Are intended for short periods of up to 4 weeks, ours are typically from 6 months to 5 years.
- For more information o the differences see our article "A more affordable payday alternative".
More Questions?
- See our FAQ section
- Resources on other websites:
- Moneyadviceservice.org.uk - Help with loans
- Stepchange.org - Guarantor loan debts. How to deal with them
- Citizensadviceorg.uk - Types of Borrowing - Personal Loans
Who can get a loan?
Have you have missed payments on a past loan, or maybe have CCJ? If yes, credit can be very expensive. The guarantor loan was set up as an affordable option for people with bad credit.
If you do not own your own home then the credit options available to you are reduced; especially if you have a poor credit score. Our lenders lend to tenants.
If you do not have two or three years’ worth of accounts to prove your income, them many high street lenders are not interested. Our lenders lend to self-employed people.
If you have no employed income, and only benefits, then many banks will not lend. Our panel or lenders welcome people on benefits.
It may sound silly, but if you have very little history of borrowing money, then it is more difficult to borrow. Our lenders welcome people with little, or no credit history.
If you have zero credit history, and possibly a couple of missed payments on an overdraft, then loan with a mainstream bank can be difficult. Our lenders lend to students.
How to get quotes and a loan?
Quick and easy online application
Only 3 minutesOne quick and simple online application form and get multiple quotes, all without having to speak to anyone.
You eligibility checked with up to 27 lenders
Less than 1 minuteEffortlessly find the loans you qualify for in less than one minute - our amazing system will check all up to 27 lenders for you.
Loan quotes from lenders who’ve accepted you
Instant and onlineImmediately see online the loans you qualify for, all done automatically without having to speak to anyone!
Choose lowest rate loan and finish application
Quick, easy and onlineSimply choose the best loan for you and finish off the quick online application with your chosen lender.
What can the loans be used for?
Whether you are looking for a new car, or need to repair the one you have, our lenders loans can provide that solution for cash.
If you have other loans with high interest rates, you may be able to reduce your monthly loan payments by consolidating these into a guarantor loan.
May it’s time to replace the kitchen, add a conservatory, or get a new carpet. If other loan options are not available, then our lenders may provide you with another option.
Unexpected expenses can hit at any time, so getting a loan to cover that boiler repair, car repair, or even that month or so between jobs is not a problem.
Whether you need to travel for business or personal reasons, a loan could provide you with the money you need.
Learning can be expensive, so if you are struggling to find other options for the money you need, then one of our lenders loans may be an option for you.