Guarantor Loans

Applying for guarantor loans with LoanBird is as easy as 1, 2, 3! Here’s how you do it:

Representative APR: 49.9% | Representative Example: Loan Amount: £1,000 over 12 months at £107.53 per month. Total Repayment: £1,290.36 | Interest: £290.36. Interest rate: 49.9% p.a. Fixed*.

  • Step One - Apply

    Once you’ve found your guarantor, apply for guarantor loans in a few minutes. We’ll need to know how much you want to borrow, how long for, and some easy details about your guarantor.

  • Step Two - Decision

    Once you’ve submitted your info, we’ll show you the different guarantor loans for bad credit that you’re eligible for. Simply choose the best deal.

  • Step Three - Cash

    Once you and your guarantor have read and signed the agreement for your guarantor loans, the cash can be in your bank account in just 10 minutes!

We Help You Find Guarantor Loans in the UK

If you have a poor credit rating, you may be considering guarantor loans to help you get the funds you need. Guarantor payday loans work similarly to traditional payday loans in that you can use them for emergency expenses such as replacing a broken-down boiler or paying for urgent repairs to your car. The key difference is that with guarantor loans for bad credit, a friend or family member who has a good credit rating can co-sign the loan agreement with you. This may help you be approved for loans more easily, and can sometimes help you find better rates from direct lenders.

Here at LoanBird, we are an FCA authorised broker in the UK. We can help you compare guarantor loans for bad credit from a panel of over 30 of the UK’s best FCA authorised lenders. With one simple application form, we’ll match you with the best loan for your needs, and we make it easy.

The best part is that our services do not involve any broker fees – they’re completely FREE to use.

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

Do You Need Guarantor Loans for Bad Credit?

Before you apply for guarantor loans for bad credit, have you explored your other options? Many people believe that guarantor loans are the only way to secure credit if you have a poor credit score – and that is the way it used to be. However, here at LoanBird, we are able to assist many people in getting loans independently, even if their credit score is less than perfect.

We offer payday loans and personal loans, neither of which require a guarantor, and you may still be eligible for these with a lower credit score. This is because we work with a panel of over 30 FCA authorised lenders in the UK, many of which base their decision on ‘affordability’ rather than ‘creditworthiness’.

Often, credit scores reflect your financial past, rather than your current circumstances, so aren’t the best reflection of your current ability to repay a loan. Instead, we look at your regular income and outgoings, such as direct debits, credit card payments and other loans, and determine if there is enough to cover the loan repayments, with plenty of money left for living expenses. Working this way, we can fairly approve more people for bad credit loans with a level of independence that you don’t always feel with guarantor loans in the UK.

We’re able to help 8 out of 10 applicants find their perfect loan in this way. Otherwise, guarantor payday loans may be able to help you access emergency funds you need.

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

Find the best loans from direct lenders

Safety and security of FCA authorised loans in the UK

Apply online 24/7 from anywhere

Find better rates with guarantor loans for bad credit

No hard credit check left on your file

Get a near-instant decision

Cash in your bank account in as little as 10 minutes after approval

No brokerage fees – completely FREE to use!

the criteria for a guarantor to qualify for a loan

Can You Get Guarantor Loans in the UK?

At LoanBird, we help you find the best guarantor loans up to £15,000 over up to 5 years, although most lenders can offer up to £5,000 over up to 36 months. There are several different types which can be used to cover emergency expenses such as replacing your boiler or paying for urgent repairs to your car. Some guarantor loans for bad credit can also be used for debt consolidation and non-urgent home renovations – but you should always check with your lender.


Your eligibility criteria mainly remains the same as for our other loan types. You should:

Be at least 18 years of age

Be a resident in the UK

Hold a UK bank account with a valid debit card

Receive a regular income


The eligibility criteria may differ from lender to lender, but in general your guarantor should:

Be aged between 18 and 75

Be employed, self-employed or retired, with proof of income

Live in the same part of the UK as you

Have a good credit score, with a complete credit history

Not be financially linked to you otherwise


As these loans link you financially with your guarantor, it’s important to choose a person with whom you have mutual trust. Your guarantor can be a family member or a friend, although they cannot be financially linked to you – so if you share a mortgage with someone, they cannot be your guarantor. They also must have a good credit history. If you default, it can negatively impact their credit score as well as yours, so you should be sure to only borrow what you need and can afford.

understand how a guarantor loan works with bad credit

Need Guarantor Loans for Bad Credit?

When you apply for guarantor loans in the UK through LoanBird, we search through all available deals quickly to find the most appropriate loan for your needs. You’ll already have pre-approval for the guarantor loans for bad credit that we show you, so you can proceed with your application confidently. What’s more, when we help you find a loan, there’s no risk to your credit score – unlike if you were to apply from direct lenders one after the other.

When you apply for guarantor loans from direct lenders, FCA authorised lenders are required to run a ‘hard search’ credit check before they can approve your application. This credit check will remain on your credit file for at least two years, and will be visible to future lenders – even if you don’t move forward with that loan. Having multiple hard searches on your credit file can make it more difficult to find this type of loan – and other types of credit – in the future.

As an FCA authorised broker, we’re able to match you with the best guarantor loans in the UK with just a ‘soft search’ credit check. This still tells us all the information we need to pre-approve you for guarantor payday loans, but it won’t show on your credit report and doesn’t affect your future credit applications. You can compare loans from a panel of direct lenders – over 30 trusted, FCA approved ones – and it doesn’t leave a trace on your credit report.

applying with loanbird for guarantor loans

Apply for the Best Guarantor Loans Today

So, if you need a loan and want to make sure you’re getting the best rates possible, use LoanBird. We make finding guarantor loans from direct lenders easy, stress free, and with no impact on your credit rating. If you need more information, contact LoanBird and we’ll be happy to help.

Once you’re ready to proceed, apply for guarantor loans for bad credit today.


Guarantor Loans FAQs

If I Can’t Find a Suitable Guarantor, Can You Still Help Me?

If you struggle to find someone suitable as a guarantor, we do have other loan options for customers with a poor credit history. Whilst you may benefit from having a joint application, our panel of lenders have other specialist loans that can help if you apply as a sole applicant. This includes low credit score loans and products designed for those with a CCJ or on a benefits income. Whilst we can’t guarantee you will be successful in your application as a sole applicant, we can connect you with lenders best placed to help you.

Can a Guarantor Be Someone I Already Have Borrowing With?

When choosing a guarantor, they must be someone you are not currently financially linked to. If you already have a loan or borrowing amount jointly signed with someone you have in mind, they would not be eligible as a guarantor this time. This is because the lender may see you are over reliant on a particular guarantor if you already have other products jointly signed with them, meaning more risk to the lender if you struggle to maintain repayments. As an alternative option, we do offer no guarantor loans you may be eligible for instead, with our search FREE to use to see what’s available.

How Quickly Will I Receive the Funds for a Guarantor Loan After Approval?

Once your guarantor and loan application have been successful with the lender, you should expect to see the funds transferred to your bank account within 24 hours. In some instances, this can be as quick as 10 minutes, but can also take up to 48 hours depending on the lender. Our lenders always work as quickly as possible to process your application so that you can start to use your newly acquired loan amount as soon as possible.

Click to Hide Advanced Floating Content

Warning: Late repayment can cause serious money problems. For help, visit moneyhelper. Our site uses cookies to provide a better experience, see our cookies for more info.