What's the criteria and eligibility
for a guarantor loan?

Being approved for a Buddy Loan/guarantor loan, is based on just a couple of points or criteria.

Affordability: Being able to afford to repay the monthly payments on the loan. By showing your income and expenses, we can determine if you meet the affordability requirements to qualify for the loan amount you have requested.

Having a Guarantor: By having someone guarantee the loan, in essence they are saying, they believe you can repay the loan, and sign as guarantor.

The basis of your loan is founded on these two criteria.

You can afford the repayments, and you have a good buddy who feels the same.

If you have a good buddy, you can have a Buddy Loan!

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!


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from 0 to 10

Representative Example


36 months

£158.57 p/m

Total Repayable

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.