Guarantor Loans from £3,000 to £15,000

Borrowers must have a Homeowner Guarantor to apply

Guarantor Loans

✓ Borrow from £3,000 to £15,000

✓ Your Guarantor must be a homeowner

✓ 29.9% APR representative fixed

Your Guarantor must be a homeowner to apply
Please select 'Yes' or 'No' to continue.
Total repayable: £
Fixed APR of: %

Why choose UK Credit?

  • Interest rates from 24.9% APR to 39.9% APR
  • Our loan rates are fixed, so payments will not change during the loan term
  • Less than perfect credit history
  • No upfront fees
  • We check that our loans are affordable to both the Borrower and their Guarantor before lending

(the following is based on a homeowning guarantor) 29.9% APR Representative (Fixed) Representative Example: £8,000 over 5 years, representative 29.9% APR fixed. Monthly payment £241.65. Annual interest rate 26.45% fixed. Interest payable £6,499.00. Total repayable £14,499.00.
(the following is based on a homeowning guarantor) 29.9% APR Representative (Fixed) Representative Example: £8,000 over 5 years, representative 29.9% APR fixed. Monthly payment £241.65. Annual interest rate 26.45% fixed. Interest payable £6,499.00. Total repayable £14,499.00.

What is a Guarantor loan?

A Guarantor loan is a type of unsecured loan which enables people without a strong credit history to access the funds they need, with the help from a friend or relative.


The Guarantor supports the loan by acting as a back-up to the Borrower. They agree to step in and make the repayments if the Borrower does not pay. UK Credit’s loans require their Borrowers to have a homeowner as their Guarantor, which allows us to offer loans between £3,000 and £15,000 with interest rates between 24.9 % – 39.9% APR (fixed)

Guarantor loans are a good option for people who can afford the repayments and feel it is the best option for them based on personal circumstances, even if they have lower credit scores.
Guarantors can be almost anyone who has known the Borrower for at least 12 months and who is willing and able to make the payments if the Borrower doesn’t.

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Who are UK Credit?

Established in 2009, UK Credit is one of the most recognised Guarantor lenders in the UK.


We're Responsible

Our Guarantor loans are assessed on affordability. We will only approve a loan once we have checked that the repayments are affordable alongside other financial commitments. Our expert team are on hand to answer any questions.


We're Direct

UK Credit is a direct lender for Guarantor loans. We’re not a broker and we will never ask for any upfront fees. Upon application, our expert team will conduct the necessary financial and background checks, and be in touch for more information or to confirm the details given.


We're Understanding

We don’t have a ‘one size fits all’ approach when it comes to communicating with our customers. Our highly trained staff treat everyone individually based on the customer’s unique situation.


To be considered for a loan from UK Credit, both the Borrower and their Guarantor must meet some initial criteria.

Borrower Criteria

  • A homeowner, tenant or living with parents.
  • Aged between 21 at the start and 70 at the end of the loan term
  • Employed, retired or on certain benefits
  • Have been a UK resident for at least three years
  • Be able to afford the repayments

Full criteria for Borrowers can be found on our Am I eligible page


Guarantor Criteria

  • A homeowner, either outright or via a mortgage.
  • Aged between 25 at the start and 70 at the end of the loan term
  • Employed, retired or on certain benefits
  • Have been a UK resident for at least three years
  • Agree to step in and make the repayments on the borrower’s behalf, if the borrower does not pay.

Full criteria can be found on our Who can be a guarantor page

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Consider your options

Before applying for a loan, borrowers should consider whether a loan is the right choice for them.



Is your current financial situation stable, and can you afford the monthly repayments? A fixed interest loan means you can plan and budget your monthly outgoings, but with any loan you need to be sure you are able to commit to making repayments on time, every month.


Do you need the credit?

Why are you looking to take out a loan? It is important to avoid overstretching financially wherever possible, so a loan should be carefully considered.


Seek help first

If you are already in debt or are in a position of financial hardship, there are charities who can help. Speaking to services such as StepChange is a good place to start.


If you have decided that a Guarantor Loan is the right choice for you, please make sure you speak to your Guarantor before you apply.

Any questions?

Find more information about our Guarantor loans in the FAQs below.

Can I get a loan with UK Credit without a Guarantor?

No. UK Credit is a Guarantor lender and all customers are required to find a homeowner Guarantor before we are able to consider a loan. Find out more about who can be your Guarantor .

Is my home at risk of repossession?

No, the loan is unsecured meaning the Borrower and Guarantor’s homes are not at risk of repossession.

Will my past financial problems be an issue?

We will consider a broad range of financial backgrounds and people with poor or limited credit history. We will not be able to help those who are currently in or have in the past twelve months been in an Individual Voluntary Arrangement (IVA), a Debt Management Plan (DMP) or subject to a Trust Deed, or anyone who has been declared bankrupt or discharged from bankruptcy in the last 3 years.

The unique nature of Guarantor loans means that the Guarantor agrees to make the loan repayments if the Borrower does not, so we do require the Guarantor to have a fair to good credit rating.

We conduct a soft credit search to establish an understanding of the Borrower and Guarantor’s credit history. Soft credit searches cannot be seen by other companies. We’ll only conduct a hard credit search on the Borrower if the loan is approved.

What happens if I can’t pay?

We understand that life does not always go to plan, so if Borrowers find themselves struggling financially, we urge them to get in touch with us as soon as possible. We will work together to try and resolve the situation.

If payments are missed, the loan falls into arrears and the Borrower is unable to pay we will notify the Guarantor as soon as possible. At this stage, the Guarantor can make a payment on a voluntary basis but we cannot demand they make a payment on the loan. If the loan falls three or more payments into arrears, a formal demand for payment will be made of the Guarantor. If either party is unwilling to pay, then we may consider legal action, but only if we have exhausted all reasonable options available.

Do you charge any upfront fees?

No. UK Credit does not charge any upfront fees for loan applications.

Borrowers should not pay any fees, even if they apply through a broker. If a broker has charged you to apply for one of our Guarantor loans, please let us know. We choose our partners and brokers carefully to ensure they treat customers fairly.

What can I use my loan for?

Everyone’s circumstances are different, so please consider all financial options available and seek professional advice if needed. We offer loans for many purposes for example to finance vehicles, consolidate debt, for home improvements or to pay for a wedding.

Car Finance

Car Finance

Debt Consolidation

Debt Consolidation

Home Improvement

Home Improvement

Wedding Loans

Wedding Loans

Three steps to a Guarantor loan with UK Credit

step one
To start an application, we will require the Borrower and Guarantor to provide some details that will allow us to check their eligibility for our Guarantor loans.
step two
We’ll review both parties’ financial situation using Open Banking before completing an affordability assessment over the phone. We will also discuss with the Guarantor, the responsibilities of their role to ensure they fully understand.
step three
Once all affordability checks have been completed and with everything in order, we will deposit the loan directly into the Guarantor’s bank account, and they will be required to transfer the funds to the Borrower.

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