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Bamboo Guarantor Loans – Good For You?

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If you are looking for a guarantor loan, you will find that Bamboo Guarantor Loans offer loans from £1,000 to £8,000. The repayment period for a loan from Bamboo Guarantor Loans is 12 months to 60 months, which means that there is a level of flexibility on offer from the company. The representative APR offered by Bamboo stands at 49.7% although the company claims that loans are on offer from 26.9%.

Bamboo Guarantor Loans makes a big claim about being a lender, and not a broker, which means that you will be dealing with the company directly. For many people, this is exactly what they are looking for, so this is a great starting point. There is also the fact that the company offers a same day payout option, which can make a big difference. If you need money in a hurry, it is helpful to know that you can gain access to funds when you need it, so it may be that Bamboo Guarantor Loans is the company you are looking for. The firm is based in Nelson Gate, in Southampton, in England.

Bamboo Guarantor Loans

One thing that strikes you about the service provided by Bamboo Guarantor Loans is that they say that there are no upfront fees. This is a positive thing because many people don’t have the funds to pay for a loan at this point, so knowing that you can get a loan without having to pay too much money is definitely a positive point for many people.

What can I use a Bamboo Guarantor Loans for?

No matter how much money you want to borrow from Bamboo Guarantor Loans, you should make sure that you can afford to pay it back. You should also make sure that you need the money. Too many people take money out for frivolous reasons and this then causes them more problems in the long run. This is something you should look to avoid as best as you can. Here are some of the most common reasons people have for obtaining a loan:

  • Emergencies
  • Bills that come out of the blue
  • Repairs to a car
  • White good issues

If any of these issues arise, it is understandable that people need assistance at short notice and this is why turning to Bamboo Guarantor Loans makes sense. This is a company that has developed a reputation in the industry and they are regarded as a firm that can be relied upon.

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Guarantor Loans

A Representative Example

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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