Where to look for a
guarantor for a loan?

In looking for a guarantor for a loan you can consider your family and close friends. You may ask your parents, brothers or sisters, Aunts, Uncles, any family members that know you and feel you will repay the loan.

You may want to ask a close friend, someone who you have known for years, or a work colleague, someone you have worked with for years.

Your guarantor just needs to be someone who knows you, and feels you will repay the loan, and has good credit.

Being a homeowner is a plus to be someone's guarantor, but having good credit, is a must.

Benefits of a Buddy Loan

  • Easy online application
  • Quick approval
  • Money in your account within 24 hours (in most instances)
  • No deposit required
  • No upfront fees
  • Loan can be for any purpose, to buy a car, consolidate bills, repairs, home improvements
  • Competitive interest rate
  • Loan can be paid back over 60 months (5 years)

Apply today and have your loan tomorrow!

Trustpilot

Buddy Loans is a direct lender rated 5/5 stars by Trustpilot.com based on 1128 merchant reviews

Excellent

9.5

from 0 to 10

Representative Example

Borrow
£3,250

Term
36 months

Repaying
£158.57 p/m

Total Repayable
£5,714.67

Interest Rate
41.16% (fixed)


Representative 49.9% APR.

Terms and Conditions apply. Suitable Guarantor required. All loans are subject to status and affordability checks prior to approval. All applicants must be 18 or over.

Minimum period for repayment: 12 months | Maximum period for repayment: 60 months | Minimum APR 49.8% | Maximum APR 49.9%
Representative example: Amount of credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR (Variable). 36 repayments of: £158.57.