How it works

At UK Credit, we keep the borrowing process as straightforward as possible

Once you’ve found a suitable Guarantor, you can apply for a loan through our secure, online website.

Clicking ‘Apply Here’ will display our loan calculator which will allow you to adjust the loan amount and term to calculate your monthly repayments.

You must have a Guarantor to borrow money through UK Credit. It is vital your chosen Guarantor understands their responsibilities and is happy to support your application and to make the loan repayments if you don’t. They can find information on our being a Guarantor page or if they prefer, they can speak with our team who will be able to answer any questions they may have.

Below is a breakdown of how a Guarantor loan from UK Credit works…

Online application

Fill in some details about yourself and your Guarantor. We’ll then send a link to your Guarantor to log in and complete the rest of their details.

Application review

Our team will run some checks to assess your eligibility. We might ask you to provide us with some documents at this point such as identification or proof of income.

Open Banking

You’ll receive an email to link you to our secure Open Banking platform. This gives us an overview of your financial situation including your income and outgoings.

Call with UK Credit

Both you and your Guarantor will individually have a call with a member of our team. We’ll ask some questions about your income and expenses to assess the affordability of the loan. At this point, we will discuss your financial situation with your Guarantor to ensure they fully understand what they’re agreeing to.

Final approval

We’ll check over all the information supplied by you and your Guarantor and be in touch to let you know if your loan has been approved. You’ll then be sent a copy of your agreement to read and sign electronically.


As an added security measure, we will release the funds into your Guarantor’s bank account. They should then transfer the money over to you.