Guarantor loans are a great way to get finance if you have a less than stellar credit history. Fill in a straight forward 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.
How We Work
Make a simple application by selecting your loan amount above, or by selecting your lender of choice from our comparison table.
Complete your application and speak to one of our loan specialists to confirm your details and make sure you are getting the best deal.
Complete your loan agreement and finalise your loan with the top guarantor lender available and get the money paid into your account within 24 hours.
What are guarantor loans?
A guarantor loans is a financial product product that allows you to use a friend or family member – known as a guarantor – to act as security on the repayments. This gives you access to loan rates and amounts that would otherwise be unavailable.
Guarantor loans are designed for those with a bad credit history (see bad credit guarantor loans) who need a helping hand getting back on their feet financially. A guarantor loan is not only a great way to get the money you need at a competitive rate, but it can also be a fantastic way to improve your credit history for the future.
While having to find someone 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 loan with the support of a guarantor is still a completely viable option for you whereas a bank would turn you away. You can compare guarantor loans on our dedicated page.
Who can be a guarantor?
A guarantor can be a friend, family member, work colleague, or almost any other person, as long as they are willing to cover your repayments if you were to miss one. As we work with 8 different lenders we have an extremely flexible guarantor criteria compared to any one lender. We can also help you get your guarantor loan same day if you are in a hurry.
Your guarantor can:
- be a Homeowner, Tenant, or Living with Friends/Parents
- either be a Friend, Relative, Work Colleague, Spouse or Partner
- be between 21 and 75 years old
- have a Good or Fair Credit History
- afford any missed payments
Tenant guarantor loans can be handy if you do not know anyone that owns their own home. If you are not sure whether your guarantor would fit our criteria you can make an application and speak to one of our guarantor loan experts.
Mon - Thurs: 9:00 to 19:30
Fri: 9:00 to 17:30
Sat: 9:00 to 12:00
WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP GO TO MONEYADVICESERVICE.ORG.UK
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 49.7%. Interest rate of 41% per annum. Representative APR 49.7% (fixed).
Personal Loans Representative Example: Borrow £300 over 6 months. Monthly repayment of £92.43. Total repayable is £554.58. Interest payable is £254.58. Fixed APR of 883.6%. Interest rate of 169.7% per annum. Representative APR 883.6% (fixed).
Talk Loans is a Broker, not a Lender. To operate this service we receive commissions from the lender, broker or 3rd party we refer you to. To apply for a loan though our website you must be a UK resident.
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: 146 Drayton High Road, Drayton, Norwich, England, NR8 6AN