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Guarantor Loans

48.9% APR Representative

Guarantor Loans Online

WE NEVER CHARGE A LOAN is a broker not a lender. We do not charge any fees. Once you complete the form you information will be sent securely to a Guarantor Lender who will be in contact to discuss your requirements in more detail to determine if a guarantor loans is suitable to you and your guarantor.

If you receive a call claiming to be from SUCO and requesting an advance fee for a loan, please be aware this is fraud. We will never call you for an advance fee on your loan. For more information please visit

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Guarantor Loans could be the perfect solution

Same Day Payouts

Most of the Guarantor lenders are open 6 days a week, from 9am and until 7pm weekdays, once you apply online and complete the simple application the guarantor lender direct will be in contact to complete the application. The aim will always be to payout your loan the same day you apply, however this will depend on how quickly the guarantor lender can contact you.

Bad Credit History

It happens, missing a few payments in the past due to no fault of your own, perhaps you even acquired a CCJ or defaults. It really doesn't matter, your loan applications will be considered as long as you and your guarantor can afford the monthly repayments.

Simple Monthly Payments

Interest rates are typically over 39.9% APR, you can see how much the loan may cost per month using our simple loan quote slider. This will give an indication of the monthly repayment. The repayment will depending on your individual circumstances including the loan amount and duration of the loan.

Loans to consolidate Pay Day Loans

If you have had payday loans in the past and paying each loan back individually you may find it more cost effective to consolidate the pay day loans into one affordable repayment. The funds form the loan can be paid directly to each of the pay day loan companies helping to possible reduce your monthly outgoings.

Guarantor Loans Easily Explained

Guarantor Loans in a few easy to understand guide

You may have heard about guarantor loans from a friend or family member, perhaps you are the guarantor looking online in the aid of research.

We have attempted to outline an outline of a guarantor loan. Each lender direct will be able to explain how they work when you speak to them to complete the application.

When looking to borrow money you have a number of options, and a guarantor loan is classed as an 'Unsecured Loan'. Meaning the loan isn't secured to a property or a car for example. The loan is guaranteed by a second person who agrees to repay the loan if you are unable to.

A guarantor can be a friend or family member, someone who is happy to be nominated as a guarantor on a loan. Something you must be aware of, the guarantor will be responsible in making the loan repayments should the borrower be unable too.

This is why in many cases CCJ's and defaults are not an issue when applying for a guarantor loan, however like unlike a personal loan, your guarantor would be liable in the same way as you. Tis may damage the guarantors credit score if the lender takes action in recovering the debt.

The guarantor will need to be over 18 years old and live in the UK.

It doesn't matter if the guarantor is a homeowner or a tenant. Most lenders have a products to suit you including if your guarantor still lives at home with the parents.

Part of the application process will include a credit search on the guarantor, the credit profile doesn't need to be perfect, however it needs to show that the Guarantor can afford the repayments and they have a bank account for example.

How much can you borrow?

This depends from lender to lender. Some lenders including TFS Loans, George Banco and UK Credit offer loans unto £15,000 and other lenders like Buddy Loans and Trust Two Loans lend anything between £1000 and £10,000.

How long do you have to repay the loan for?

Typically between 12 and 60 months (5 years), your monthly repayment will be reflected by the loan amount and also the repayment length.

If you have a guarantor in mind and you know how much you would like to borrow, apply online here (link to Quote page) complete the application at this stage you will be asked how long you would like the loan for. next you need to include your guarantor details, once you click 'Apply' (link to Quote page) your loan applications will be sent to the most suited lender for assessment, typically you will receive an email and a SMS text message confirming what needs to be completed in order to payout your loan.

The quicker you are at responding the quicker the payout will be. Most menders will be in contact within minutes and have a decision shortly after.

Your Guarantor Must be…

Each lender has a different criteria, for example TFS Loans prefer your guarantor to be a homeowner. It is important that you and your guarantor fully understand each of your responsibilities before applying with a guarantor loan.

Simple Stress Free Loans.

Applying for a guarantor loan on offers the flexibility of changing your loan amount after the application has been made, either by reducing the loan amount alternatively if affordable you may look to borrow more. The online application is simple and stress free.

No forms are sent in the post for signing, everything is completed online. You will be informed from the very start, how much you are repaying monthly and what the interest rate will be. We mentioned before the APR and monthly repayment will be reflected in your circumstances and the loan duration.

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Guarantor Loans

A Representative Example

Instant Loan Quote

48 Monthly Repayments, borrowing £2000
Total Amount Payable: £4067,04
48.9% APR Representative
Rate of Interest 25.84% Fixed Flat Rate
Monthly Repayment: £84.73