Guarantor Loans

Fill in a straight forward guarantor loans application form and borrow a cash sum between £500 and £15,000. You will make the repayments on your new loan once a month over 1 to 5 years, ensuring it is affordable and tailored to your personal circumstances.

Talk Loans work with 9 guarantor loan lenders. So, by applying through Talk Loans you not only save time, but your chances of approval are much greater than if you apply to direct.

You may worry we will charge you a fee for our guarantor loan service and although this may be true of other brokers, WE WILL NEVER CHARGE YOU A FEE. Not even a single penny. Our service is fully paid for by our lending partners, not our customers.

We work under full transparency and work under the Financial Conduct Authority, (FCA). Your details are safe and secure and we never share them or sell them to third parties.

Start Your Guarantor Loan Enter your details below to get started.

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

49.7% APR Representative (fixed)

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


Guarantor Loan Customer

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Guarantor Loan Customer

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Talk Loans is rated 9.6 out of 10 by TrustPilot based on 68 unfiltered customer reviews.

What is a Guarantor Loan?

Guarantor loans are a personal, unsecured loan product that take advantage of a friend or family member –  guarantor – to act as security on the repayments. As a result of this they are not secured against any of your property such as a house or car. The main distinction between a traditional personal loan from, for example, a bank or building society, is this co-signer.

While having to find a guarantor to support your loan is not an ideal situation, it’s important to realise that having a guarantor opens many doors that would otherwise be closed off. For instance, if your credit history is tarnished with missed payments, defaults or a County Court Judgment (CCJ), a guarantor loan is still a completely viable option for you whereas a bank would turn you away.


Benefits of a Guarantor Loan

With this in mind, by taking advantage of a guarantor loan, you get these 2 major benefits:

  • By taking out credit and paying it back on time every month you have a small positive effect on your overall credit score. This looks good to future prospective lenders. However, we would never recommend borrowing money at a high interest rate just to improve your credit score because credit cards are usually a better solution for this if a lump sum isn’t required.
  • You can buy that car, get that boiler repaired or go on that holiday. Even if 2 years ago you forgot to pay your electric bill.

While the second benefit may sound extreme, you would be surprised how strict the criteria is when taking out a traditional personal loan.

It is worth noting that a guarantor loan is, in general, more expensive to take out than the before mentioned traditional personal loans. But while this is generally true, they can be cheaper than more modern, unsecured loan products, which are designed for those with a fair to poor credit history.

For the purpose of this comparison, in the next section is a basic breakdown of where guarantor finance sits compared to the rest of the personal loan market.

Top Guarantor Loans
Guarantor Loans Benefits

Guarantor Loans in the Market

Note: Examples are based off loan calculators provided on websites of: Satsuma Loans (Payday Loans); Likely Loans (Fair Credit Personal Loans); Amigo Loans (Guarantor Loans) and Sainsbury’s Bank (Good Credit Personal Loans).  Correct as of 04/10/2017.

Payday Loans vs Guarantor Loans

Payday Loans

Loan Value Loan Term Example APR Payment Each Month Total Interest
£1,000 1 year 991% £166.00 £992.00
£3,000 3 years N/A N/A N/A
£7,000 5 years N/A N/A N/A

Fair Credit Personal Loans

Loan Value Loan Term Example APR Payment Each Month Total Interest
£1,000 1 year 59.90% £106.50 £278.00
£3,000 3 years 59.90% £158.47 £2,704.92
£7,000 5 years N/A N/A N/A
Fair Credit vs Guarantor Loans
Guarantor Loans Table

Guarantor Loan

Loan Value Loan Term Example APR Payment Each Month Total Interest
£1,000 1 year 49.90% £103.06 £236.72
£3,000 3 years 49.90% £146.37 £2,269.32
£7,000 5 years 49.90% £276.67 £9,600.20

Good Credit Personal Loans

Loan Value Loan Term Example APR Payment Each Month Total Interest
£1,000 1 year 14.90% £91.82 £101.84
£3,000 3 years 9.90% £97.45 £508.20
£7,000 5 years 3.80% £128.88 £732.80

APR = Annual Percentage Rate

Personal Loans vs Guarantor Loans

Is a Guarantor Loan Right For You?

In view of the above, in lots of situations, a guarantor loan can be suitable, and less expensive, than other types of loans. Chiefly when a less than perfect credit history is considered. Although unlike Sainsbury’s Bank who cut interest as the loan value increases, with credit backed by friend and family members you are stuck with a double digit APR up to a loan value of £15,000. This means that the total cost of credit can get pricey the more you borrow. As with all borrowing, only borrow what is needed.

Remember, with a guarantor loan if you are unable to make repayments, the guarantor has to step in and make the payment on your behalf.

Getting The Best Guarantor Loan Available

Ever since the internet made it a lot easier for us to do so, whenever we look to use a service or buy a product it is natural for us look for the best deal available. Whether it’s clothes, electronics, cars or insurance it’s natural to want a good deal and with the advent and rise of websites such as Hot UK Deals or Camel Camel Camel it’s becoming easier and easier to make sure you aren’t throwing your money away.

So how does that translate to taking out the best guarantor loans? If you are just looking for the cheapest guarantor loans available then our guarantor comparison table below may be a good first point of call as they will generally list the different APRs or APR ranges each lender offers.

However, when it comes to a loan, there are often other things to take into account other than just interest rate. With so many different things to look out for from eligibility criteria, repayment options and how trustworthy and legitimate the lender is, it can become overwhelming unless you are a very familiar with not only how each lender operates but also how financial services operate as a whole.

The first step in finding the top guarantor loan for you, is identifying what matters. Which could be one, or a combination, of the following.

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


Highly Rated Guarantor Loans

A good way of finding out how good each guarantor lender is, is to look at what existing customers have to say about them. Most lenders will gather feedback using TrustPilot which allows customers to leave public, unfiltered, feedback on a product or service. You can often find some interesting information about how lenders work by digging through old reviews.

To make things frustrating, most guarantor lenders are rated highly. See the examples below (which are correct as of 10/10/2017). If you want to have a more detailed look at the lenders then simply search “Lender Name TrustPilot” on

Take a look at our straight-forward comparison table below. It allows you to see the different loan amounts, loan values and APRs each lender offers. For more information about lender criteria you can make an application and speak to one of our UK based loan experts.

UK Credit

UK Credit

Representative APR


Min: 39.9% | Max: 69.9%

About UK Credit:

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

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

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

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

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.
  • Non-homeowner 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

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

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.

Compare Guarantor Loans

If you want to compare guarantor loans in the market you have come to the right place. We work with 9 of the top guarantor lenders in the UK to find you a prime guarantor loan that fits your situation.

Unlike other guarantor loan comparison tables we don’t order our list by how much money they pay us, in fact we don’t order it at all. Take a look at your options below and make an informed decision on who to apply with. Once you have chosen a lender we will look after your application until it is completed with your chosen lender, and if for any reason they cannot help we will help you find a better option.

If you don’t have time to do your own research then we are happy to help. Just make a general application with us through our simple online form and we will source you a lender. We will first discuss your situation and your needs and let you know exactly what your options are. Then you will make a final decision. If your first choice can’t help, no problem, we still have all your details and can see if lender 2 are willing to be more flexible. It’s that simple.

Balancing Up Different Guarantor Loan Options

When looking for the most suitable guarantor loan for your situation you will want to compare exactly what different options are available for you. In order to compare your options successfully you should first identify what will make the best guarantor loan for your circumstances.

Once you have identified the most important aspects of the guarantor loan, use our table above to get an idea of what each lender is offering. Once you have decided then click apply and enter your details. We can then talk you through your options in more depth and ensure you have selected the most suitable guarantor lender for your application.

Compare Guarantor Loans
Compare Guarantor Loans

Difference Between Guarantor Loan Lenders

Guarantor lenders are different in many ways, but one of the biggest differences is in who they can accept as a guarantor. While unfortunately we cannot reveal exactly what the different levels of guarantor criteria are we do use these to make sure you go to the most suitable lender when making an application through Talk Loans.

We can reveal that differences in age, income, residential status and income type can have a drastic impact on whether or not they are excepted by each lender. So why not talk to us first and make an application through our guarantor loans page?

How to Get a Guarantor Loan

Once you have decided you want to get guarantor loans, the next step is to make an application. Ideally through Talk Loans which allows you to take advantage of our quick turnaround time and a high acceptance rate.

Our overall loan process is simple, allowing you to make one simple application online.

Step 1. Your Initial Guarantor Loan Application

First things first, select the amount you want to borrow, then select your loan term. There is a loan calculator at this stage and the calculations are based on our representative APR. Because of this you get an good idea of what your monthly, and total repayments will be. We recommend you have a play with this to find an affordable option.

Don’t worry if you are unsure, you can always change this later before your loan is finalised.

Once you are happy with the loan details it’s time to enter your personal details including name, date of birth, address and employment details. If you have lived at your address for under 3 years we will ask for your previous address. Make sure you fill all of this in as accurately as possible to avoid any delays in loan processing.

Extra Details

Before you click the next button, we need your bank sort code and account number. We understand it’s never ideal to put your bank details online, however when taking out a loan it is necessary. We will not ask for your long card number or any other information, and please know that Talk Loans and our partner lenders will only use this information to validate your application and combat fraud – it’s one of the simplest and most popular ways to carry out an identification (ID) check.

Our website is secured by a Secured Sockets Layer (SSL) which means your data is encrypted between the website and our servers. So even if you are applying over WiFi in Starbucks, you are safe.

Once you have filled everything in and checked the appropriate boxes, click next to get to Step 2.


Step 2. Is Your Guarantor Loan Affordable?

This is a straightforward stage, simply enter your monthly incomings (pay, benefits, pensions, etc) and outgoings. We collect this information to ensure the loan will be affordable. We may double check this with you before finalising the application so please make sure the information you enter is as accurate as possible.

Once this is done click next.


Step 3. Your Guarantor Details

At this stage you need to enter your guarantor details. If you don’t have your guarantor at this stage you can take a break, stop and continue later. We will send you an email with a link to continue your application, we may also call you to help speed up the process.

If you know who your guarantor will be, this is where you enter their details. Please make sure the email address and contact number are accurate, and not the same as yours, or we will not be able to progress with your loan before amending them.

Once you are happy that your guarantor details are accurate, click the next button.


Step 4. Borrower Complete

That’s your part done. If your guarantor is with you you can click through from this step to complete their bit (which is almost an exact replica of what you have just filled in). If you guarantor is not with you, don’t fret, we will automatically send them a text message and email with a link for them to follow in order to complete their part of the application process.

Once the guarantor has completed their part of the application one of our Account Managers will be in touch with both of you to get everything finalised, and talk you through your options.

At this stage you may need to provide some supporting documents like a payslip or some ID, we will talk you both through this as needed, keeping things as simple as possible.

Once this is all done your guarantor loan will be in with a lender. It is then up to the lender to complete their final checks and pay the loan out in full to your guarantor, who can then transfer the money directly to your account.

Popular Questions

How Much Can I Borrow?

How much you can borrow depends mainly on the residential status of you and your guarantor, along with the affordability of the repayment each month. Here is a simple table to see how different residential status’ can impact the borrowed amount.

Homeowner Borrower Tenant Borrower
Homeowner Guarantor £500 to £15,000 £500 to £10,000
Tenant Guarantor £500 to £8,000 £500 to £8,000

Note: You can learn more about tenant guarantor loans here.

Other than residential status, the other thing that majorly effects how much you can borrow is the affordability of the loan for both you and your guarantor. In order to understand this we need to look at the monthly repayments of the loan and compare it to your monthly income and expenditure.

Guarantor Loan Affordability

Let’s take an example of wanting to borrow £5,000 over 3 years, which based on our representative APR works out to a cost of £224.64 per month. Let’s say you earn £21,000 per year and take home £1,463.31 per month.

Monthly Income £1,463.31
Monthly Rent £600.00
Monthly Bills £200.00
Monthly Other Costs £450.00
Overall Disposable Income £213.31
Monthly Loan Cost £224.64
Disposable Income after Loan -£11.33

As you can see from the example above, this loan is not affordable, in fact it would put you in the red, which could very easily lead to immediate financial difficulty.

Making Things Affordable

Let’s see if we can make this loan a bit more affordable by borrowing a little less over a slightly longer period of time. Let’s go for £4,500 over 4 years, which again based on our representative APR, will work out to £172.93 per month.

Monthly Income £1,463.31
Monthly Rent £600.00
Monthly Bills £200.00
Monthly Other Costs £450.00
Overall Disposable Income £213.31
Monthly Loan Cost £172.93
Disposable Income after Loan £40.38

By reducing the loan repayments by around £50, the loan becomes a lot more affordable.

So now we have an affordable loan it is worth understanding how lenders differ in judging affordability. An interesting example is that one lender requires a disposable income after loan a of over £100. While this can be frustrating when it comes to getting your loan completed, we feel agree that this is a good way of budgeting for an emergency.

So through the combination of affordability and residency type you can work out how much you can borrow. If you would like to discuss this with us before making your application, you can give us a call on 01603 391104 during working hours and we will be happy to help.

How Long Will It Take To Get My Guarantor Loan?

While we can often get you your loan very quickly (we have paid out a lot of loans in under an hour from initial application) it does depend somewhat on your personal cicumstances and how quickly we can speak to you and your guarantor.

As well as the time it takes to get hold of the both of you we will also, in some cases, need supporting documents off the both of you. This can slow the application down if they are not easily to hand. Exactly what is needed is based off the level of automated checks that pass.

In a Rush?

To get your loan with a guarantor sorted as quickly as possible here is a brief checklist to consider:

  • Have your phone to hand or call us directly on 01603 391104 once you have completed your initial application;
  • Ask your guarantor when they will be free so we can call them at a suitable time, ideally straight away;
  • Have a recent bank statement or payslip to hand in case we need to see proof of your income;
  • Fish out your passport or driving licence in case we need proof of your idenfication;
  • Grab a recent utility bill such as a gas or electric bill if you are not on the electoral register as proof of address.

With the above in hand we should be able to sort out your guarantor loan quickly and efficiently. Although in general we would suggest setting your expectations for at least a 48 hours from application, to getting funds in your account.

Learn more about supporting documentation for your guarantor loan.

What Type Of Guarantor Do You Accept?

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;
  • Must 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!

Learn more about who can be a guarantor.

Will I Be Charged A Fee?

We will never charge you a fee to apply through Talk Loans, from initial application to getting the money in your account you will never have to pay us a penny.

You may wonder how we make money, and the answer is that we are paid by the lenders to provide them with qualified customers. We only get paid once we get you your loan.

This means we work extremely hard to find you a suitable lender, otherwise we would have to shut down!

You do not lose out by applying through Talk Loans; in fact you have a higher chance of getting your loan completed quickly and easily, without having to go around each lender individually.

Why Do I need A Guarantor?

If you have good credit, in all honesty you don’t need a guarantor. You only need a guarantor if you have been turned down in the past due to a poor (or lack of a) credit history. By using a guarantor to back up your application you gain access to loan amounts and loan rates that would be otherwise unobtainable.

The guarantor acts as security. If for any reason you are unable to pay back your monthly guarantor loan repayment then the guarantor would be required to step in. This is why lenders are happy to be a lot more flexible when a guarantor is provided to support your application.

Learn more about bad credit guarantor with a guarantor.

Can I Pay My Guarantor Loan Off Early?

Yes, you can pay off your guarantor loan early. This type of loan is not front-loaded which means that your interest will be charged on a daily basis. As soon as you want to pay it off in full, you need to request a settlement figure and interest will be frozen (obviously if you do not settle the debt within a certain period of time, interest will still be charged).

Every lender is different with how they deal with settlements. Amigo Loans have no penalty, you just pay interest up to the day you pay off your loan. However other lenders such as UK Credit will charge you 2 months worth of interest from the day you request a settlement figure. Although even with this additional 2 months of interest you are still saving on interest in the long run by paying your loan with a guarantor off early.

If you need any additional information about paying off your loan early it is worth discussing this directly with the lender you are accepted by before finalising your loan.

Learn more about the specifics of different guarantor loan lenders.

What Can I Do With My Loan With A Guarantor?

You can take out your loan for many different purposes, almost anything in fact, including but not limited to the following:

  • Home Improvements
  • Wedding
  • Holiday
  • Debt Consolidation
  • Business Expansion
  • Car/Motorbike/Other Vehicle
  • Product Purchases like a a new iPhone
  • Medical Bill

Have a chat with us about why you are taking out your loan and we will let you know your options. Some lenders restrict certain loan purposes, such as specific business reasons, however we can let you know exactly what your options are before finalising your loan with the lenders.

What Happens If I Miss A Payment On My Guarantor Loan?

If you miss a payment on your guarantor loan then your guarantor will be expected to step in and make the payment on your behalf. This is what makes guarantor loans lenders so flexible, the guarantor acts as additional security.

If you have missed a payment, the lender will usually let the you know and give you time to pay, as opposed to going straight to the guarantor. If you realise you have missed a payment and haven’t heard anything from your lender, CALL THEM. If you can get in touch with them quickly and explain your situation you may be able to avoid them going to your guarantor at all.

Learn more about direct guarantor loan lenders here.

Skyline 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


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

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