GUARANTOR LOANS - GET A GUARANTOR LOAN ONLINE

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Please find a range of guarantor loan providers in the table below. Guarantor loans are unsecured loans which allow the applicant to provide the lender with a guarantor – in other words, a person who can step in if there are any problems with the repayments. The guarantor takes on the full responsibility of repayment of the loan. You need to ensure the guarantor is fully aware of the risks involved because should you be unable to make the payments they will be financially responsible. If you have a low credit rating or have had any problems being accepted for a loan, a guarantor loan provides a useful way to borrow. Most guarantor loan companies do not carry out credit checks as they have the security of a guarantor who can step in if there is a problem. By comparing different loans against each other you can be sure you have find the loan best suited to you and your finances. Always read the terms and conditions thoroughly before applying.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

1 Plus 1 Loans Limited
1 Plus 1 Loans Limited

Lender41.9%
Representative Example

Representative Example

41.9% APR (23% Flat) Representative* Your actual APR will depend on the time it is borrowed over. Borrow £3000 over 5 years (60 months) and pay back £107.25 per month. Total payable £6450.

£500.00 - £5,000.0012 months36 monthsFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: No
Bank Account: No
Repayable: £7095
Extention:

Identification

Identification

None

Suitable For

Suitable For

Bad credit or no credit score

Restrictions

Restrictions

18 – to 70 years must reside in the UK

1 Plus 1 Loans Limited
To apply for 1 Plus ! Loans you don't need any credit rating - we just rely on a friend or a family member to guarantee your repayments. The service is superb,fast and friendly and you can have your money in an hour. The all online application makes it all easy and simple. DETAIL INFORMATION >>Terms

Terms

On Website Application


Advantages

Advantages

Lower APR for people with Bad Credit


Disadvantages

Disadvantages

Home Owner Guarantor required

Solution Loans
Solution Loans

Broker49.4%
Representative Example

Representative Example

Borrow £2500 for 36 months, Repay £ 121.96, Total Charge £ 1890.56, Total Repay £4390.56, APR 49.4% (variable)

£500.00 - £10,000.0012 months72 monthsFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: No
Repayable:
Extention:

Identification

Identification

Suitable For

Suitable For

If you have been refused by other lenders, have a credit problem or do not want to be credit scored

Restrictions

Restrictions

You have to be 18 years old or older and be a UK resident

Solution Loans
Apply online and receive an immediate decision on your application with Solution Guarantor Loans. There are no upfront fees and you can enquire at no cost and at no risk. Even if you have been refused by other lenders Solution Guarantor Loans has helped a wide range of people to get a loan. Before you apply for a loan consider your options and please make sure that you read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works, guarantor loans are serious financial products. DETAIL INFORMATION >>Terms

Terms

Application must be supported by a homeowner guarantor with good credit and an income or savings


Advantages

Advantages

1.No Credit Scoring 

2.Immediate Decision 
3.No upfronte fees


Disadvantages

Disadvantages

The Quick Cash Club
The Quick Cash Club

Lender199%
Representative Example

Representative Example

Borrow £200 for 30 days = Total repayable £232.71 Interest £32.71 Interest rate 199% (fixed)

£50.00 - £400.001 dayN/AFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention: Not permitted

Identification

Identification

Yes

Suitable For

Suitable For

The Quick Cash Club is suitable to anyone who has been refused credit elsewhere

Restrictions

Restrictions

Applicants must not be bankrupt or on a active IVA

The Quick Cash Club
The Quick Cash Club, they trust your friends not your credit score. It's very simple to apply on the website, just make sure all your details are correct, then you need to find a guarantor who will back your application and then your money is paid out. You then choose when you want to repay the loan, you just need to make sure that you can afford the monthly interest every month. Please read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works. DETAIL INFORMATION >>Terms

Terms

To apply to the Quick Cash Club you must be over 18, not be bankrupt or on a IVA, be a UK resident and have a valid debit card.


Advantages

Advantages

1. Bad Credit Accepted
2. Pay Back The Loan When You Can Afford To
3. Easy Online Application


Disadvantages

Disadvantages

1. You Need A Guarantor
2. You must not be bankrupt or on an IVA to take out a loan
3. You must have a valid debit card to be eligible

George Banco Guarantor Loan
George Banco Guarantor Loan

Broker49.7%
Representative Example

Representative Example

You are borrowing £3000 over 36 months Your monthly repayments are £146.19 Interest and fees = £2262.84 The total amount repayable is £5262.84

£1,000.00 - £7,500.0012 months60 monthsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: No
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Repayable: £16905.60
Extention: Ask on application

Identification

Identification

Personal details and details of guarantor

Suitable For

Suitable For

Fast cash needs

Restrictions

Restrictions

George Banco Guarantor Loan
George Banco has established themselves as a new UK lender, providing loans between £1,000 and £7,500 at representative 62.0% APR (fixed) to UK residents typically excluded from mainstream lenders. These loans are repayable in fixed monthly instalments over terms of 12 to 60 months and require no direct security such as property. DETAIL INFORMATION >>Terms

Terms

See website for terms and conditions


Advantages

Advantages

1.Money paid out today 

2.No upfront fees, no hidden costs


Disadvantages

Disadvantages

You can borrow no more than £7500

Lendfair
Lendfair

Lender48%
Representative Example

Representative Example

Representative example: Borrow £2500 over 36 months repaying £120.04 a month. Total repayable £4321.44. Representative APR 48.0% fixed. Interest rate 48.0% fixed.

£500.00 - £5,000.006 Months60 MonthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: No
Repayable:
Extention:

Identification

Identification

Personal details of your guarantor.

Suitable For

Suitable For

If you have bad credit

Restrictions

Restrictions

In all cases your guarantor must be a homeowner or tenant (for at least 2 years) and under the age of 75; there are no exceptions.

Lendfair
LendFair offer you fast, secure and reliable guarantor loans from £500 - £5000 over a term to suit you. They are direct lenders, not brokers, so you don’t pay any fees. You can borrow up to £5000, so long as you can afford the repayments and have a relative/friend to act as a guarantor. Your Guarantor can be a homeowner OR tenant. DETAIL INFORMATION >>Terms

Terms

You must be 18 or over and have a UK bank account, you will also need a Guarantor who will undertake to repay the loan if you don't; for whatever reason. All LendFair loans require a guarantor. A guarantor will be somebody that knows you and trusts you, such as a friend or relative.


Advantages

Advantages

1. No Broker or Arrangement Fees
2. Easy, Online Application Process
3. Each Case Personally Reviewed
4. We only credit score the Guarantor, not the borrower
5. Fast, Fair Decisions
6. Borrow £500-£5,000 over 6-60 months
7. Friendly UK-based company


Disadvantages

Disadvantages

1. When you apply for a LendFair Loan they will look at your guarantor's credit file at credit reference agencies (CRAs) such as Credit Safe, Call Credit or Experian.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Guarantor Loans

Guarantor Loans Are Available if You Can Find Someone Who Trusts You

What are Guarantor Loans?

Even if your credit rating is completely shot there are still some loan options which can be made available to you. Guarantor Loans are available to people with bad credit. In order to obtain a guarantor loan it is necessary to find someone who will guarantee that you will pay your loan back on time. This ‘guarantor’ is usually a friend or family member but can be anyone providing they fit the lender’s credentials.

Who is the Guarantor?

It is usually necessary for a guarantor to be an employed homeowner with a regular income and an excellent credit history. The guarantor is likely to have to sign an indemnity which is basically a contract in which he or she agrees to pay your debt in the case that you default.

Know what you are getting into with a guarantor loan

If you decide to take out a guarantor loan and you can find a guarantor to support you then it is important ensure that both you and your guarantor know exactly what you are getting into. Guarantors are usually close friends or family members so it is really important to pay the money back. As the borrower trust is being placed on you to honour and agreement and failing to make payments is likely to put a great strain on your relationship with your guarantor.

How much can you borrow with a guarantor loan?

How much you are able to borrow will depend on the lender but most guarantor loans can provide between £500 and £7,500. However, you should keep your borrowing to a minimum or the interest on your guarantor loan debt is likely to get very expensive.

When should guarantor loans be paid back?

With most Guarantor loans the sooner you pay back the debt the less interest you will have to pay back. However this is not always the case. If you are trying to get a guarantor loan make sure you compare different loan companies to try and find the loan which suits you and your guarantor best. Guarantor loan companies differ on what they offer so do shop around.

Be sure to thoroughly read the terms and conditions of any company you are interested in so that you really understand the loan properly.

What are the risks associated with guarantor loans?

With the growing number of individuals taking out guarantor loans it has never been more important to understand the risks associated with guarantor loans. Guarantor loans are personal loans which allow the borrower to nominate a guarantor. The guarantor must step in if you suddenly find yourself having problems making your repayments. The guarantor will take on the responsibility if you default on your payments and could end up losing their home or assets should you fail to make the repayments. Always seek independent financial advice should you be in any doubt.

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