George Banco

George Banco

Incorporated in December 2013, George Banco are one of the newer lenders in the market.

Despite only trading for just over 3 years, George Banco have managed to build an enviable presence in the market.


George Banco are an unsecured lender offering two main products.

The first is a poor credit personal loan. With this product, applicants can borrow between £1,000 and £5,000 over 12 to 60 months. The representative APR is 61.8%.

The second product they offer is their guarantor loan. With this, customers can borrow between £1,000 and £7,500 over 12 – 60 months. The representative APR on George Banco’s guarantor loan is 49.7%, making it one of the more expensive loans in the market.

George Banco offer loans with a guarantor

Market Prominence

George Banco have a strong online presence in the market. Carry out a quick Google search for guarantor loans and you’ll usually find them near the top, surrounded by the comparison giants like Money, uSwitch and Go Compare.

Alongside this, they have a solid portfolio of reviews. George Banco have amassed almost 850 reviews in just 2.5 years, average 9.5 out of 10. Many of these positive reviews relate to their customer service and the speed of their process.


Nowhere on George Banco’s site does it explicitly outline the requirements of an applicant or guarantor. Instead, you have to cryptically piece together the criteria points using their FAQ section.

It seems that the guarantor can be a family member, friend or work colleague. George Banco can only accept partners if they are financial independent – if you share financial accounts with your partner, George Banco will be unable to accept them as guarantor.

The guarantor must also be over the age of 25 with a UK Bank account, a good credit history and sufficient income to afford the monthly repayments.

Importantly, George Banco can accept both homeowners and tenants as guarantors. They do not however treat these as different products like UK Credit for example.

As an applicant, you must be over the age of 18 with a UK bank account. You must be in receipt of a regular income that is sufficient to afford the monthly repayments. George Banco cannot accept those who are subject to a current IVA or bankruptcy order.


George Banco deal with applications slightly different to other lenders.

As an applicant, you enter some initial details online. George Banco will then assess (based on a several factors) whether their personal loan or guarantor loan would be suitable for you.

If they decide that the guarantor loan is a more suitable option, they will contact you within 2 hours and ask you to provide a willing guarantor. You and your guarantor will then be given a login to fill in some additional information online.

If approved, the loan will be paid into the guarantor’s account the same day.


George Banco have quickly created a significant presence within the guarantor loan market. This will be largely thanks to their online platform, partnered with an efficient, effective customer journey.

Their maximum loan amount and APR may limit their growth, given that many lenders are now offering £10,000+ guarantor loans at rates of 45% or less.

Their website is also less user-friendly than the likes of Buddy Loans. It’s very clear that their goal is to silo as many people through the application process as possible. For many, this may be off-putting as they may want to learn a little more about them as a company or their products.

Nonetheless, George Banco have quickly managed to establish themselves as a real driving force in the market, alongside the likes of Buddy Loans and Trusttwo.

George Banco Website

George Banco Website


We aim to reply to all emails within 24 hours.



Representative Example: Borrow £4,000 over 36 months. Monthly repayment of £194.78. Total repayable is £7012.08. Interest payable is £3012.08. Fixed APR of 49.7%. Interest rate of 41% per annum. Representative APR 49.7% (fixed).

Talk Loans is a trading style of Butler Westbury Limited Registered in England No 9035270. Authorised and regulated by the Financial Conduct Authority Reference No. 625156. Registered with the Information Commissioner’s Office ZA090336. We are a loan brokerage and we work with a carefully selected panel of lenders. For details of how we will collect and process your personal data, please see our Privacy Policy. We do not charge a fee for our service but will receive commission from those lenders who either accept an application from us, or complete a loan for you. Registered office address: Unit 7, Beech Avenue Business Park, Beech Avenue, Taverham, Norwich, NR8 6HW

Privacy Policy | Terms of Use | Complaints | Cookie Policy | Sitemap


Please Read

Talk Loans, and other trading styles belonging to Butler Westbury Ltd, NEVER charge a fee at any stage of applying for or setting up a loan.

We are aware of a current scam allegedly from Talk Loans Ltd (a fake company) who are charging fees and not providing loans. We have no association with this organisation at all. We have reported this to the FCA. If you have fallen victim to this or any other fee charging scam, you can register it here -