Get Guarantor Loans

Representative Example: Monthly repayment of £178.91.
Total repayment is £6440.76. 49.7% APR Representative (fixed).

Apply Now

Guarantor Loans

Our approach is simple. Complete a straight forward guarantor loans application form and borrow an amount from as low as £500, to £15,000. Payments on the loan are made in monthly instalments, stretched over 12 to 60 months. This allows the tailoring of your homeowner or tenant guarantor loans to you and your budget.

Worried about upfront costs? Don’t be! We will not charge a single penny for your application and will give you full access to our guarantor lender panel. By applying through Talk Loans your chances of approval are much greater than if you apply to direct lenders.

We work under full transparency, authorised by the Financial Conduct Authority, (FCA). Your details are safe. We never share them or sell them to third parties. You only deal with Talk Loans and the lender.

49.7% APR Representative (fixed)

Excellent Service

From initial call to passing me over to a suitable lender to payout all within 24 hours. Amazing service.


Guarantor Loan Customer

Great communication

I recommend Talk Loans. Always someone to talk to you the end of the phone and great communication.


Guarantor Loan Customer

Talk Loans is rated 9.5 out of 10 by TrustPilot based on 56 unfiltered customer reviews.

We work with lenders across the market to find you suitable homeowner and tenant guarantor loans. You can compare all the lenders we work with below before applying.

  • Bad Credit Guarantor Loans OK, Same Day Payouts Available
  • High Approval Rates, APR from 29.9% to 59.9%

Depending on what you are looking for, the cheapest rate, the quickest payout, or most flexible criteria. Check out the different lender options below and pick one you think suits. We then pick up your application and make sure the lender you chose can help, and if they can’t, we find you one that can.

Guarantor Loans Pig

Compare Guarantor Loans

You can use our table below to compare guarantor loan lenders like Amigo. We have a selection of both homeowner and tenant guarantor loans.

UK Credit

Representative APR


Min: 39.9% | Max: 69.9%

About UK Credit:

  • Borrow from £1,000 to £10,000.
  • Homeowner or Tenant Guarantors.
  • Can be slow.

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.


Representative APR


Min: 43.8% | Max: 48.9%

About TrustTwo:

  • Borrow from £500 to £10,000.
  • Homeowner or Tenant Guarantor.
  • No loans for Business.

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 £6669.72. Representative 43.8% APR.

1plus1 Loans

Representative APR


Min: 45.4% | Max: 45.4%

About 1plus1:

  • Borrow from £1,000 to £5,000.
  • Guarantor can be a Homeowner.
  • Broker fees may apply.

Representative Example £3000 over 3 years, representative 45.4% APR Fixed. Monthly payment £140.84. Annual interest rate 23% Fixed. Interest payable £2070.24 Total payable £5070.24.

TFS Loans

Representative APR


Min: 29.9% | Max: 69.9%

About TFS Loans:

  • Borrow from £1,000 to £15,000.
  • Guarantor must be a Homeowner.
  • Flexible lending citeria.

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.

Bamboo Loans

Representative APR


Min: 49.7% | Max: 49.7%

About Bamboo Loans:

  • Borrow from £1,000 to £8,000.
  • Guarantor can be a Homeowner.
  • Guarantor can be a Tenant.

Representative Example: On an assumed loan amount of £2,600.00 over 36 months. Rate of interest 41% per annum (fixed). Representative 49.7% APR. Total amount payable £4,557.89. 35 monthlyrepayments of £126.61 and a final payment of £126.54.

George Banco

Representative APR


Min: 49.7% | Max: 49.7%

About George Banco:

  • Borrow from £1,000 to £7,500.
  • Guarantor can be a Homeowner.
  • Tenant Guarantor Loans.

Representative Example: Borrow £3,500 over 36 months, Interest rate 31.9% per annum fixed. Monthly repayments of £170.56. Total amount repayable £6,140.16. The total charge for credit including fees and interest £2,640.16 of which fees are £420.00. Representative APR of 49.7% fixed.

Amigo Loans

Representative APR


Min: 49.9% | Max: 49.9%

About Amigo Loans:

  • Borrow from £1,000 to £10,000.
  • Guarantor can be a Homeowner.
  • Guarantor can be a Tenant.

Representative Example: Borrowing £4,000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable).

Buddy Loans

Representative APR


Min: 49.9% | Max: 49.9%

About Buddy Loans:

  • Borrow from £1,000 to £7,500.
  • Guarantor can be a Homeowner.
  • Guarantor can be a Tenant.

Representative Example: Credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR. 36 repayments of: £158.57.

Get Your Guarantor Loan

Are you unsure where to turn for help? We understand that for many people its not as simple as asking family or close friends for money. Both homeowner and tenant guarantor loans offer an alternative; a way they can still help, but without providing physical cash to you.

If you ask your family or friends to act as guarantor you have a good chance of getting a loan even with bad credit. You can borrow up to £15,000, even if in the past you have been rejected by multiple lenders. By borrowing with the support of a guarantor you increase your chance of acceptance, and, by making repayments on time, you improve your credit standing for next time you borrow.

So, even without a perfect credit score, by using a guarantor loan you can still pay off any pressing debts, or buy that new car you need.

A lot of our customers come to us looking for help with the mess caused by payday loans that are now out of control. By choosing a guarantor loan with us, you can take control of your repayments sensibly, and get rid of the silly interest rates – all through an FCA authorised broker.

Simple Guarantor Loans

Here at Talk Loans, we understand how important simplicity is – making sure you understand the process at every stage. We keep things simple:

  • Before even applying for a loan, our transparency means you get a clear idea of your monthly repayments and APR;
  • You will have access to our 100% online application;
  • You can get  your money paid out on the same day you apply;
  • You know for certain the amount you need to pay from one month to the next.

Our focus is simple. We treat you fairly and devote the amount of attention needed to get your guarantor loan paid out. We strive to make the experience you will receive from us unbeatable in terms of the service we offer, and your overall ability to get your loan.

Guarantor Loans Direct Lenders

Talk Loans believes you should always be in the know. The transparency of our application process and the simple way our loan experts explain the guarantor finance options available to you, means we like to think you can trust us. We pride ourselves on honesty and be assured you pay no fees with us, just as if you are applying to direct lenders. When applying, you have no pressure to go ahead if you change your mind. So what is stopping you? If you need a loan and want to see what Talk Loans can offer, take advantage of our simple loan calculator and start your journey with us today.

If you are struggling with repayments you should get debt advice through StepChange.

Same Day Guarantor Loans
Tenant Guarantor Loans
Skyline Guarantor Loans

Tenant Guarantor Loans

The Guarantor Market continues to grow with an ever increasing number of lenders. Not surprising with the constant FCA pressures on other areas. To the FCA it’s like trying to pop an old balloon. No matter how hard you squeeze, parts always pop up in the gaps between your fingers.

In the same way that the deflated balloon takes on new and sometimes unexpected shapes, so does the Guarantor Market. From the outside it’s often seen as a ‘me to’ Market, where one company had a great idea and everyone copies. The comparison with other Markets are easy to see with Henry Ford creating the motor car – only to be followed by a raft of other car manufacturers. Or the McDonald brothers and the global growth of the fast food burger restaurants.

Differences in Tenant Guarantor Loans

Yet in the same way as these examples, each guarantor loan is unique. As part of the set-up of Talk Loans, we approached lenders to assess their offerings. What surprised us the most was the lack of similarity in processes, procedures, documentation requirements, underwriting approaches, depth of investigation and criteria.

One major difference is who lenders will accept as a guarantor for a Loan. Five years ago when Amigo Loans (FLM Loans) were the only lender in town, the criteria was simple. Your guarantor can be anyone as long as they were a homeowner with a stable income.

In 2013 UK Credit were the first to launch a product where you could use tenant guarantor. The tenant guarantor loans product was different to the traditional homeowner guarantor. The interest rate charged, largest Loan you could borrow and the level of supporting documentation was different. Roll on to 2015 and multiple lenders offer tenant guarantor products. Sometimes the offering is the same regardless of the Guarantor’s residency.

It’s inconceivable that the Market will not develop further. It can be expected that there will be a wider acceptance of tenant guarantors going forward. If you are looking to apply for tenant guarantor loans, your options are wider than you might think.

Best Guarantor Loans

Whenever we look to use a service or buy a product it is natural for us look for the best deal available. Whether that means purchasing goods in a sale or just ensuring you are getting exactly what you are looking for. So how does that translate to taking out the Best Guarantor Loans? With so many different things to look out for from eligibility criteria, interest rate, repayment options and how trustworthy and legitimate the lender is it can become overwhelming unless you are a very familiar with how financial services operate.

The first step in finding the Best Guarantor Loans for you is finding what matters to you, this may be one, or a combination, of many things.

  • Speed of application and loan funding
  • Interest rate
  • Whether any documentation is needed
  • How flexible they are with guarantor criteria

The list goes on, let’s break down these main points and see how you can start to identify which lender is right for you.


The overall speed of getting the money in your (or your guarantors) bank account can be a hard one to judge unless you have a good relationship with each lender. On top of this it depends on how busy lenders are at any particular time.

Luckily here at Talk Loans we have great relationships with the vast range of guarantor lenders we work with and know a lot of the “behind the scenes” processes. Totally dependent on the amount of automation their funding times we are often able to predict how long it will take you to get your Quick Guarantor Loan.

Interest Rate

Interest rates vary massively from a low of 29.9% up to 99.9% depending on the lender and product. A lot of lenders sit in the middle at around 50% but others have systems in place to link the rate you qualify for depending on your credit history. In some situations rates start higher but drop over time if all of your repayments are made on time.

The rate available to you can also depend on who your guarantor loan is, with non-homeowner guarantor loans generally attracting higher rates.


Lenders will do all their needed checks online, such as: Check to see if you are on the electoral register at your property; run a check with your bank; and other things depending on the lender. Others will require proof from you in the form of a copy of a passport or driving licence, and bank statements and/or payslips.

It could be argued that this will not drastically slow down your Guarantor Loan application. But, when you take into account your guarantor will also need to give these. Unless everything is to hand it can cause a delay. Luckily we will advise you upfront – depending on the best guarantor lender for your circumstances – what documentation they will need so you can be prepped in advance.

Guarantor Criteria

The guarantor criteria may be the biggest hurdle for most people. Which would suggest that the Best Guarantor Loan is actually just the one that will accept a particular friend or family member as a guarantor. Again all lenders are different, for more information about differing guarantor criteria check out “Who Can Be A Guarantor?” above.

So How Can I Get The Best Guarantor Loan?

That’s what we are here for, we will match you with the best lender depending on your unique circumstances – based on what’s most important to you. Instead of looking into each lender separately. Doing all the work yourself. We will talk you through your options and help get you your Guarantor Loan without charging you a penny more than if you would have gone direct!

Frequently Asked Questions

What are Guarantor Loans?

A guarantor loan is unsecured and supported by friends or family with good credit. The use of a guarantor gives you access to loan amounts, terms, and rates you could not access otherwise.

Why do I need a Guarantor?

You need a guarantor if you need a loan – perhaps to merge debt or make buy something – but have bad credit. The guarantor backs your application, meaning the lenders are less worried about what’s on your credit history.

Do you offer tenant guarantor loans?

Yes. A large number of lenders we work with offer both homeowner, and tenant guarantor loans. If you or your guarantor are a tenant we can still help!

Can I get a Guarantor Loan with Bad Credit?

Yes. The make-up of a guarantor loan includes helping those with bad credit. By using a friend or family member with good credit to support your application you can get access to the loan you need.

Do you charge a fee?

No! We never charge a fee for our guarantor loans service. Lenders pay us. You do not lose out by applying through Talk Loans; you have a higher chance of getting your loan completed.

Who can be a Guarantor?

We are very flexible with who can be a guarantor. They:

  • Can be a Homeowner, Tenant, or Living with Friends/Parents.
  • Can be Friends, Relatives or Work Colleagues.
  • Need to be between 21 and 75 years old.
  • Can have a Good or Fair Credit History.

As long as they can afford repayments and fit the above criteria it’s as simple as that!

So who can be a guarantor? For many first time applicants, asking somebody to be a Guarantor can be the most daunting element of applying for a Guarantor Loan. The Guarantor acts as an additional level of security for the lender because if you can’t keep up with the repayments on your loan, the lender may well ask the Guarantor to step in and pay on your behalf.

This means the Guarantor needs to be very comfortable with you and the loan you are thinking of taking out. You should be prepared to have a very open and frank conversation with your prospective Guarantor as they will probably want to make sure you can afford the repayments.

All of this means you should spend some time thinking about the right person you could approach to act as your guarantor.

Homeowner or Tenant Guarantor Loans?

In the early days of Guarantor Loans nearly all the lenders insisted the Guarantor should be a Homeowner. Nowadays, there are many lenders who will accept a Guarantor who is a Tenant (i.e. somebody who rents their home rather than owning it). Just to be clear – if the lender requires the guarantor to be a Homeowner they do not have to own their home outright but can be paying a mortgage.

Credit History

Your Guarantor will need to have a fairly good credit file – whether they’re a Homeowner or a Tenant. Guarantors with a bad credit history will be unlikely to be accepted by the lenders.


The Guarantor doesn’t have to be employed but if they are not they will need to be able to demonstrate an income from another means – such as a pension, annuity, trust fund etc. This is because the lenders will need to be comfortable that the Guarantor can make the loan repayments if, for whatever reason, you are unable to.

Spouse or Partner?

Initially lenders were reluctant to accept your spouse or partner as a Guarantor, and some still are. Their reasoning was that if you were unable to make the repayments then your spouse or partner would be under pressure to cover your contribution to the household. Some lenders will now accept your partner/spouse as a Guarantor but they may be asked to show that they could afford the household bills if something happened to your income – for example if you lost your job.


Most lenders require your Guarantor to be between 25 and 65 although there are some variations.

Relationship To You

Other than the requirements outlined above there are no real hard and fast requirements about the type of person you can ask to be your Guarantor. The most common examples are;

  • Family – other than the spousal relationship (above) family members are perfectly acceptable including siblings, parents, cousins, aunts, uncles or even your own children!
  • Friends – one of the most common types of Guarantor. Our friends know us well and having the conversation with a friend can sometimes be easier than with somebody in your family
  • Colleague/Boss – one of the more surprising categories perhaps but popular nonetheless.
  • Member of your Community – such as your neighbour, minister etc.

As you can see the type of relationship with you isn’t of great importance to the lender but you will need to know them well enough to approach them regarding your finances.

Over the last few years the type of person who can be a Guarantor has widened considerably. Nevertheless, as the above shows, the lenders do have some criteria about the type of person they’re looking for. If you have somebody in mind but are unsure whether they’ll be accepted, why not give us a call and talk to one of our loan experts. They’ll be able to discuss your individual circumstances with you before you approach the lender of your choice.

How long does it all take?

The whole process can take as little as one hour. It depends on whether you and your guarantor are free to speak on the phone, and how easy it would be to send over any documentation. Documentation can include payslips, bank statements, or utility bills.

The average time from application to payout is two days.

Can I pay off the loan early?

Yes. All lenders will allow you to pay your loan back early. As you have a daily (not monthly or yearly) interest charge, you won’t have to pay back the “Total Repayment” figure. Just the interest that has accrued up to when you ask for a settlement figure.
Please be aware some lenders will required 30 days notice and charge an extra 30 days worth of interest as part of the settlement figure.

Can I make extra monthly payments?

Yes. All lenders we work with allow you to make extra monthly payments. By making these extra monthly payments you reduce the total amount of interest you pay over the full loan term.

How much can I borrow?

Through Talk Loans you can borrow anywhere from £500 to £15,000. To access higher loan amounts you and your guarantor may need to fit tighter criteria. For example we may ask that your guarantor is a property owner.

What loan purposes do you accept?

You can take out your guarantor loan to pay for almost anything granted you can afford the monthly repayments. Some lenders restrict loans for business, we are happy to talk you through how this may affect your application.

What happens if I miss a payment?

If you miss a payment and cannot bring your account back up to date, then the lender will expect your guarantor to step in and pay it on your behalf. This is the basis of guarantor loans.


Opening Hours

Mon - Thurs: 9:00 to 19:30
Fri: 9:00 to 17:30
Sat: 9:00 to 12:00
Sun: Closed


Phone Number

01603 391104

Please call us during our opening hours for the best service.


Talk Loans
61 - 63 Riverside Road
United Kingdom


We aim to reply to all emails within 24 hours.


Guarantor Loans 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 47.9%. Interest rate of 41%.

Personal Loans Representative Example: Borrow £300 over 6 months. Monthly repayment of £79.72. Total repayable is £478.32. Interest payable is £178.32. Fixed APR of 446.9%. Interest rate of 118.9%.

Talk Loans is a Broker, not a Lender. To operate this service we receive commissions from the lender we refer you to.

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. Registered office address: 3 Cricket Close, Drayton, Norwich, Norfolk, NR8 6YA

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

SSL CertificateFinancial Conduct AuthorityInformation Commissioner's Office