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Guarantor Loans

LoanBird’s Guarantor Loans offer support for those struggling with poor credit. As an FCA-authorised broker, we connect you with over 30 top UK lenders for guarantor loans, tailored for bad credit. Unlike traditional loans, these require a friend or relative with good credit to co-sign, enhancing your chances of approval and helping you discover better rates. Our service is free, quick, and easy, helping you compare options with a single application 24/7. Plus, we offer alternatives for those seeking loans without a guarantor. Trust LoanBird to find your ideal loan, focusing on affordability over credit history. Apply now to explore your guarantor loan options.

Rates from 12.9% APR to 1625.5% APR. Minimum Loan Term is 1 month. Maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Total amount repayable is: £1564.59. Interest amounts to £564.59, annual interest rate of 59.97%. Representative APR: 79.5% (variable).

  • Step One - Apply

    After securing your guarantor, the application for same-day guarantor loans with LoanBird takes just a few minutes. We will require basic details about your guarantor.

  • Step Two - Decision

    Once you have submitted your information, LoanBird will present you with various bad credit guarantor loans for bad credit that you qualify for.

  • Step Three - Cash

    Upon signing the guarantor loan agreement with your guarantor, the funds can be transferred to your bank account in as little as 60 minutes!

Minimum Loan Term is 1 month. Maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Total amount repayable is: £1564.59. Interest amounts to £564.59, annual interest rate of 59.97%. Representative APR: 79.5% (variable).

It won’t affect your credit score

Helping You Secure Guarantor Loans in the UK

If you have a poor credit score, bad credit guarantor loans from UK direct lenders may be a viable option to access the funds you require. Like traditional payday loans, these instant guarantor loans can be utilised for emergency expenses such as unexpected repairs to your car or replacing a malfunctioning boiler. However, the key difference is that you can have a friend or relative with a good credit history co-sign the low APR guarantor loans agreement with you, making it easier for you to be approved for loans and potentially benefit from lower rates offered by direct lenders.

LoanBird is an FCA-authorised broker in the UK with access to a panel of over 30 of the UK’s best FCA-authorised lenders. We can help you compare guarantor loans for bad credit through a single application, matching you with the most suitable loan for your needs. The best part is that our services are entirely free of charge, with no broker fees involved, so you can get your guarantor loans for bad credit from a direct lender as soon as possible.

LoanBird bullet points what it's service offers for guarantor loans

Do You Need Guarantor Loans for Bad Credit?

Have you considered other alternatives before opting for guarantor loans with bad credit? While many believe that these instant guarantor loans and logbook loans are the only way to obtain credit with a poor credit score, at LoanBird we can help many individuals secure payday loans and personal loans independently, even with less-than-perfect credit.

We can provide affordable loans that don’t require a guarantor, and you might still qualify for these loans with a lower credit score. This is because we partner with over 30 FCA-authorised lenders in the UK, many of which consider affordability rather than creditworthiness when making lending decisions. Find your guarantor loans for bad credit from a direct lender instantly through our services.

Credit scores often reflect your financial history rather than your current circumstances, making them an imperfect measure of your ability to repay a loan. Instead, we evaluate your regular income and outgoings, such as direct debits, credit card payments, and other loans, to ensure that you have sufficient funds to cover loan repayments while still having enough money for living expenses. By working in this manner, we can approve more people for bad credit loans fairly and independently, unlike other bad credit guarantor loans in the UK.

We are able to help 8 out of 10 applicants find their ideal low APR guarantor loans in this manner. Alternatively, guarantor payday loans may be a viable option for obtaining the emergency funds you require.

a loanbird infographic showing the guarantor loan application processBenefits of our Guarantor Payday Loans

Access to instant guarantor loans from top direct lenders.

Guaranteed safety and security of FCA-authorised same-day guarantor loans.

Convenient online application available 24/7 from anywhere.

Opportunity to secure better rates for guarantor loans with bad credit.

No hard credit check that could negatively impact your credit score.

Quick decision-making process with near-instant approval.

Rapid cash transfer into your bank account within 60 minutes of approval.

No brokerage fees – our services are completely FREE to use!

the criteria for a guarantor to qualify for a loan

Finding Guarantor Loans in the UK

LoanBird can assist you in finding the most suitable guarantor loans from UK direct lenders for your needs, with amounts of up to £15,000 repayable over a period of up to 5 years, although many lenders offer up to £5,000 over a repayment term of up to 36 months.

Guarantor loans can be used to cover various expenses, including emergency costs like boiler replacement or urgent car repairs. Some bad credit guarantor loans from direct lenders may also be used for debt consolidation or home renovations, but it’s always recommended to confirm with your lender first.

Guarantor Loans Eligibility Criteria at LoanBird

To be eligible for our guarantor loans from UK direct lenders, you need to meet the following criteria which are similar to our other loan types:

You must be at least 18 years old.

You must be a UK resident.

You must have a valid debit card and a UK bank account.

You must have a regular source of income.

However, please note that the eligibility criteria may vary among lenders. In general, your chosen guarantor should meet the following requirements:

Your guarantor must be aged between 18 and 75.

They must be employed, self-employed, or retired and able to provide proof of income.

They must reside in the same part of the UK as you.

They must have a good credit score and a complete credit history.

They must not have any financial links with you.

Choosing a trustworthy guarantor is essential when applying for our best UK guarantor loans as they will be financially linked to you. Your guarantor can be a family member or a friend but should not have any financial links with you, meaning they cannot be a co-borrower on any loans or mortgages. In addition, they must have a good credit history. Keep in mind that if you default, their credit score could be adversely affected in addition to your own. Therefore, it is important to only borrow what you need and can afford.

understand how a guarantor loan works with bad credit

Need Guarantor Loans for Bad Credit?

LoanBird can quickly search through available deals to find the most appropriate guarantor loans for your needs. When you apply for guarantor loans from direct lenders through us, you’ll have pre-approval for the best UK guarantor loans that we show you, giving you confidence in your application. Unlike applying directly with lenders, using LoanBird to find a loan won’t impact your credit score.

When you apply for guarantor loans directly with lenders, they’re required to run a ‘hard search’ credit check, which remains on your credit file for at least two years, even if you don’t take out the loan. Multiple hard searches can make it harder to find this type of loan or other types of credit, in the future.

As an FCA authorised broker, LoanBird can match you with the best guarantor loans in the UK with just a ‘soft search’ credit check, which won’t show on your credit report and doesn’t affect future credit applications. We work with a panel of over 30 trusted, FCA-approved direct lenders, so you can compare loans and find the best deal without leaving a trace on your credit report.

a tanned man using his mobile

Apply for the Best Guarantor Loans Today

If you’re looking for the best rates on loans with low APR with a guarantor, LoanBird can help you find the right option quickly and easily. Our service connects you with direct lenders, without any impact on your credit score. If you have any questions, don’t hesitate to contact us for more information.

When you’re ready, simply apply for guarantor loans for bad credit today and get the funds you need.

Minimum Loan Term is 1 month. Maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Total amount repayable is: £1564.59. Interest amounts to £564.59, annual interest rate of 59.97%. Representative APR: 79.5% (variable).

It won’t affect your credit score

Guarantor Loan FAQs

If you’re having difficulty finding a suitable guarantor for your direct lender guarantor loans, don’t worry – we have other loans with low APR with a guarantor available for customers with poor credit. Even if you apply as a sole applicant, our panel of lenders offer specialist loans that can help. These include includes loans for bad credit and products designed for those with a CCJ or receiving a benefits income. While we can’t guarantee approval, we can connect you with lenders who are best suited to help you.

It is important to choose a guarantor who you are not financially linked to. If you currently have a loan or borrowing agreement jointly signed with someone you have in mind, they will not be eligible to act as a guarantor. The reason is that the lender may consider you to be overly reliant on a particular guarantor if you already have other products jointly signed with them, which increases the risk to the lender in case you struggle to make repayments.

However, if you are unable to find a suitable guarantor, we do offer other options, such as no guarantor loans and guarantor loans with low APR that you may qualify for. Our search is free to use and can help you explore what direct lender guarantor loans are available to you.

After your guarantor and loan application are approved by the lender, you can anticipate receiving the funds from one of our guarantor loans with low APR within 24 hours. In some cases, this process can be as fast as within 60 minutes, but it may take up to 48 hours based on the lender. Our lenders prioritise processing your application quickly, allowing you to begin using your newly acquired loan amount as soon as possible.

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Related Products to Guarantor Loans:

Affordable Loans

Installment Loans

Same Day Loans

Cash Loans

No Credit Check Loans

Minimum Loan Term is 1 month. Maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Total amount repayable is: £1564.59. Interest amounts to £564.59, annual interest rate of 59.97%. Representative APR: 79.5% (variable).

It won’t affect your credit score

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