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Compare Guarantor Loans

  • Guarantor loans can allow borrowers with poor credit ratings to get a loan.
  • A guarantor will need to repay the loan should the borrower default.
  • Compare up to date interest rates and other important information on guarantor loans in the table below.
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Talk Loans - Guarantor Loan Broker
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  • One application, 10 lenders & no fees
  • Borrow £500 to £15,000 with a friend or family member
  • High approval rates
  • Rates as low as 29.9% & same day payouts available
  • Tenant and homeowner guarantors accepted
Representative Example: Borrowing £4,000 over 36 months. Monthly repayment of £194.78. Total repayment is £7012.08. 49.7% APR Representative (fixed). Maximum APR: 69.9%
  • Amigo Guarantor Loans

  • Representative APR
    49.9% APR
    (variable)
  • Available Amounts
    £500 to £10,000
  • Repayment For £1,000
    £1,236.72 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to. Acceptance subject to affordability.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 18-75
    • Must be a UK resident
    • Must have a good credit history
    • Tenants and homeowners accepted
    • Must be aged 18-75
    • Must be a UK resident
    • Must not be on an active bankruptcy, IVA or equivalent
    Visit Website
  • Representative Example: Borrowing £4000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable). Representative 49.9% APR (variable)
    Maximum APR: 49.9%
  • Buddy Loans

  • Representative APR
    49.9% APR
  • Available Amounts
    £1,000 to £7,500
  • Repayment For £1,000
    £1,235.10 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 18-75
    • Must be a UK resident
    • Must not be on an active bankruptcy, IVA or equivalent
    • Guarantor does not need to own a home
    • Must be aged 18-75
    • Must be a UK resident
    • Must have a good credit history
    Visit Website
  • Representative Example: Credit £3,250 for 36 months. Interest (fixed at 41.16%): £2464.57. Total amount payable of £5,714.67. Representative 49.9% APR. 36 repayments of: £158.57.
    Maximum APR: 49.9%
  • UK Credit

  • Representative APR
    39.9% APR
  • Available Amounts
    £1,000 to £10,000
  • Repayment For £1,000
    £1,228.32 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 21 to 70 at the start of the loan term
    • Must be a UK resident (if in Scotland, both applicant and guarantor must reside in Scotland)
    • Must have a good credit history
    • Tenants and homeowners accepted (tenant loan - £6,000 maximum)
    • Must be aged 18 to 70
    • Must be a UK resident
    • Must not be recently bankrupt, in an IVA or a Debt Management Plan
    Visit Website
  • Representative Example: 4,500 over 3 years, representative 39.9% APR fixed. Monthly payment £201.15 Annual interest rate 34.05% fixed. Interest payable £2,741.40. Total repayable £7,241.40.
    Maximum APR: 59.9%
  • Broker
  • Talk Loans

    Guarantor must be a homeowner
  • Representative APR
    39.9% APR
  • Available Amounts
    £500 to £15,000
  • Repayment For £1,000
    £1,193.88 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner only
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 21-75 (over 75 occasionally considered)
    • Must be a UK resident
    • Must have a good to fair credit history
    • Guarantor must be a homeowner
    • Must be able to afford repayments if borrower defaults
    • Must be aged 18-75
    • Must be a UK resident
    • Must not be on bankrupt or in an IVA
    • Must be able to afford repayments
    Visit Website
  • Representative Example: Borrowing 4,000 over 36 months, repaying £178.80 per month, total repayable £6,436.80. Representative APR 39.9% (fixed).
    Maximum APR: 69.9%
  • Guarantor My Loan

  • Representative APR
    48.9% APR
  • Available Amounts
    £1,000 to £10,000
  • Repayment For £1,000
    £1,232.52 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 21-75
    • Must be a UK resident
    • Must have a reasonable credit history
    • Homeowner or Tenant accepted
    • Must be aged 21-75
    • Must be a UK resident
    • Must not be on an active bankruptcy, IVA or equivalent
    • Returning customers may borrow up to £7,500
    Visit Website
  • Representative Example: £3,000 over 3 years, representative 48.9% APR fixed. Monthly payment £145.17. The interest is 10% per annum fixed and service fee is 30.46% per annum fixed. Interest payable £549.95 and service fee payable £1,676.17. Total repayable £5,226.12
    Maximum APR: 48.9%
  • TFS Loans

    Guarantor must be a homeowner
  • Representative APR
    48.9% APR
  • Available Amounts
    £1,000 to £15,000
  • Repayment For £1,000
    £1,475.04 over 24 months
  • Min/Max Terms
    2 to 5 years
  • Guarantor Type
    Homeowner Only
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be a UK Homeowner
    • Must be aged between 18 to 75
    • Must be in receipt of a regular income
    • Must be 18 years old
    • Must have been in employment for 1 month, or self-employment for 3 months
    • Must be a homeowner for loans of £8,000 to £12,000
    • Must not be currently Bankrupt, in an IVA or a Debt Management Plan
    Visit Website
  • Representative Example: 36 Monthly Repayments, borrowing £4,000. Total Amount Payable: £6,969.96. 48.9% APR Representative. Rate of Interest 24.75% Fixed Flat Rate. Monthly Repayment: £193.61.
    Maximum APR: 69.9%
  • Bamboo

  • Representative APR
    49.7% APR
  • Available Amounts
    £1,000 to £8,000
  • Repayment For £1,000
    £1,235.72 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be over 21
    • Must have a UK bank account with a valid debit card
    • Must be a UK resident. Must be free of bankruptcy or IVA claims
    • Must have a good credit history
    • Must be currently employed with a minimum monthly income of £1,000
    • Must be able to afford the monthly repayments
    • Guarantor does not need to own a home
    • Must be over 18
    • Must have a UK bank account with a valid debit card
    • Must be a UK resident. Must be free of bankruptcy or IVA claims
    • Must have a regular income and be able to afford the monthly repayments
    Visit Website
  • Representative Example: On an assumed loan amount of £2,600.00 over 36 months. Rate of interest 41% per annum (fixed). 35 monthly repayments of £126.61 and a final payment of £126.54. Total amount payable £4,557.89. Representative 49.7% APR.
    Maximum APR: 49.7%
  • SUCO

    Guarantor must be a homeowner
  • Representative APR
    39.9% APR
  • Available Amounts
    £1,000 to £15,000
  • Repayment For £1,000
    £1,475.04 over 24 months
  • Min/Max Terms
    2 to 5 years
  • Guarantor Type
    Homeowner Only
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 18 to 75
    • Must be a UK resident
    • Must have a regular income
    • Guarantor must be a UK homeowner
    • Must be over 18
    • Must be a UK resident
    • Must have a regular income
    Visit Website
  • Representative Example: Borrowing £12,500 over 54 months, repaying £398.46 per month, total repayable £21,516.84 Interest rate 39.9 % (fixed).
    Maximum APR: 48.9%
  • TrustTwo

    Guarantor must be a homeowner
  • Representative APR
    43.8% APR
  • Available Amounts
    £500 to £10,000
  • Repayment For £1,000
    £1,236.96 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner only
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Homeowners only
    • Must be aged 25 - 74
    • Must have a good credit history
    • Must be over 18
    • Must not be declared bankrupt or in IVA or debt management plan
    Visit Website
  • Representative Example: Borrowing £4,000 over 3 years at an interest rate of 36.9% p.a. (fixed), you will repay 36 monthly payments of £185.27. Interest payable £2,669.72. Total repayable £6,669.72. Representative 43.8% APR.
    Maximum APR: 49.9%
  • TrustTwo

  • Representative APR
    48.9% APR
  • Available Amounts
    £500 to £10,000
  • Repayment For £1,000
    £1,236.96 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Tenant or living with parent
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Guarantor can be tenant or living with parents
    • Must be aged 25 - 74
    • Must have a good credit history
    • Must be over 18
    • Must not be declared bankrupt or in IVA or debt management plan
    Visit Website
  • Representative Example: Borrowing £4,000 over 3 years at an interest rate of 40.5%p.a. (fixed), you will repay 36 monthly payments of £193.61. Interest payable £2,969.94. Total repayable £6,969.94. Representative 48.9% APR.
    Maximum APR: 49.9%
  • Broker
  • Talk Loans

  • Representative APR
    49.7% APR
  • Available Amounts
    £500 to £15,000
  • Repayment For £1,000
    £1,235.76 over 12 months
  • Min/Max Terms
    1 to 5 years
  • Guarantor Type
    Homeowner or Tenant
  • See Deal + More Information
  • Is this loan right for you?

    This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.

    Guarantor Minimum Requirements

    Borrower Minimum Requirements

    • Must be aged 21-75 (over 75 occasionally considered)
    • Must be a UK resident
    • Must have a good to fair credit history
    • Guarantor can be tenant or homeowner
    • Must be able to afford repayments if borrower defaults
    • Must be aged 18-75
    • Must be a UK resident
    • Must not be on bankrupt or in an IVA
    • Must be able to afford repayments
    Visit Website
  • Representative Example: Monthly repayment of £194.78. Total repayment is £7012.08. 49.7% APR Representative (fixed).
    Maximum APR: 69.9%
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

Guarantor Loans FAQ

A guarantor loan is a form of unsecured loan, where another person takes on the responsibility of any accrued debt if the individual who originally took out the loan is unable to make repayments or misses repayments. This type of loan is generally regarded as a useful solution for those with a poor credit rating, or little credit history, as otherwise they may struggle to be accepted for a good loan product.

It's important to remember with guarantor loans that the interest costs can sometimes be quite high, and you will need to have a good relationship with your chosen guarantor, as they are risking the loss of their property and assets if you fail to make repayments.

Below are some of the most frequently asked basic questions about guarantor loans. Just click on the question headings to see the answer.

What are the Pros and Cons of Guarantor Loans?

Guarantor loans are often aimed at people who might struggle to obtain a loan through traditional means - due to a poor credit rating, for instance. These loans often allow individuals to borrow a higher amount than they would be able to based on their financial history alone, and may even improve their credit rating.

Guarantor loans make it easier for individuals to obtain the finances they need and pay back their debts without resorting to other bad credit options. However, guarantor loans can be expensive, with higher APRs than other forms of personal loans and the impact on the guarantor themselves needs to be carefully considered.

Could a Guarantor Loan Improve my Credit Rating?

If payments for your guarantor loan are made on time, your credit rating could begin to improve, or you may be able to build up a non-existent rating. Of course, if you don't make your repayments, you could suffer from an even worse credit rating.

Would I be Eligible for a Guarantor Loan?

To be eligible for a guarantor loan, you'd need to be over 18 years old, and hold a UK bank account. You may also need to demonstrate to lenders that you can make repayments by showing you have a regular salary or income.

Who Can Act as My Guarantor?

Almost anyone could act as a guarantor for your loan, so long as they aren't financially linked to you (such as a spouse). A guarantor might be a work colleague, friend, or family member.

For your chosen guarantor to be accepted by a lender, they will usually need a good credit history themselves, to be a UK homeowner, and be over 21 years of age. Guarantors will need to undergo a credit check, and provide bank details, proof of ID, and bank statements.

How Much can I Borrow with a Guarantor Loan?

The amount that you're able to borrow with a guarantor loan will depend on the lender that you choose, as well as your affordability - in other words, how much you can afford to repay each month based on your current income.

Other factors that might impact the amount you're able to borrow include the length of the loan term, and your relationship with the lender (i.e. whether you're a repeat customer).

How Much Interest will I Have to Pay?

The amount of interest that you'll need to pay on a guarantor loan will depend on the lender you choose, the amount that you borrow, and the terms of your loan. Your rates of interest will also change depending on your credit rating.

What Happens if I Default on a Guarantor Loan?

If you default on a guarantor loan, or you're unable to manage your payments, your guarantor will be required to pay instead. Your lender might also continue to chase you for the remainder of the loan, plus any interest, and if no-one makes repayments, then you and your guarantor may be taken to court.