Apply for a loan of up to £25,000*

We are an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender. serpable Introduces customers to Monevo Ltd who are an Appointed Representative of Quint Group Ltd. for the purposes of obtaining a loan. serpable does not provide any loan or consumer credit products directly.

  • STEP 1
    Apply Online

  • STEP 2
    Get Approved

  • STEP 3
    Get Your Cash!

I’d like to borrow:


and I need it for:

1 Months
12 Month
You want to borrow
£1000 for 12 Years
£1000 for 2 Month

Best Guarantor Loans

The drastic change in the economy that started a few years ago resulted in the loss of properties and job. It also affected the credit ratings of many borrowers, most of which are responsible individuals. Until now, it is unstable and it is very visible in the increase in the cost of living and the decrease of income. As a result, the pressure on household budget is becoming too much.

During these instances, unexpected expenses – such as a family member rushed to the hospital – create a huge impact to the budget. The necessary bills are left unpaid as most individuals suffer financially. Fortunately, despite the bad credit ratings, there are alternatives that could relieve the monetary issues, such as loans. A loan is one of the best financial options when you are running out of money, however, due to the strict prerequisites of banks and credit unions, not everyone can take advantage of it. Nevertheless, there are bad credit loans available, such as guarantor loans.

What Is A Guarantor Loan?

As the name, guarantor loans uk loan suggests, a guarantor is necessary for the approval of the loan. Instead of providing collateral, such as a house, car, mobile phone, jewelry, or another valuable item, the borrower will tag another person who will co-sign with him on the loan agreement. The guarantor can be anyone who trusts and knows the borrower personally. His role is big so it’s just fair if he is familiar with the debtor.

Although the guarantor can be the loan seeker’s friend or family member, it doesn’t guarantee approval. Basically, the borrower’s credit history is not an issue; however, the guarantor’s credit history should be excellent. Apart from that, he must have a stable job from a good company. Otherwise, the application will be declined. The criteria are stern and the guarantor’s role is crucial. Primarily, he will affix his signature in the contract, agreeing that he will settle the loan back in case the borrower is not able to repay anymore.

What Are The Benefits Of Guarantor Loans?

There are a lot of loans online, however, it is necessary to find the best guarantor loans low APR as these lenders will provide a safe and smooth transaction. Moreover, it maximizes the benefits that the borrower gets from the lending facility.

People with bad credit histories or have no credit history at all can benefit from this. No credit search will be conducted and if the credit score is used, it will be for recording purpose only. This means that even if you don’t have a high credit score, you will still get the money you need. But then again, the guarantor’s credit rating should be high. Aside from the money, you also have the chance to improve your credit score. Boosting your rating is possible as long as you commit to repaying on time. Agreeing to settle the loan will not only avoid charges, it will also save the guarantor’s credit history. Finally, this allows the borrower to borrow a large amount of money. Applying for a huge amount is impossible if you have a bad credit history but since you have someone to support financially, you can have the money you need easily.

Our Lending Panel

We have relationships with the best institutions in the financial market, so we can bring you the highest quality loans around.