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UK Credit Loans

Credit Amount:
£1000 to £10000
Available Term:
1 Year to 5 Years

Company overview

UK Credit Guarantor Loans provides loan options to borrowers experiencing credit difficulties. They will consider most borrowers, including those with CCJs and defaults. Each application is considered individually, ensuring that the lending decision is based on your exact situation.

As a responsible lender, appropriate affordability, and other checks are completed on every potential borrower and guarantor. There are no fees aside from the standard interest payment associated with the loan. The application process is simplified, allowing potential borrowers to complete the required information quickly and with ease.

Loans can be acquired for up to £10,000, if the guarantor is a homeowner, and up to £6,000 if the guarantor is a tenant. Being a homeowner is otherwise not a requirement. Interest rates are fixed for the life of the loan, and repayment amounts are also fixed for each monthly instalment. This allows the borrower to better prepare for meeting the obligation associated with repaying the loan.

During the application process, a soft credit check is performed on both the borrower and the guarantor. Unlike a hard inquiry, this credit check will not affect your credit score. Approved funds are deposited directly into the bank account of the guarantor. Once received, the guarantor can provide the funds directly to the primary borrower. If timely payments are received, the borrower may see an increase in their credit score.

Homeowner product

The APR for loans between £1000 – £2999 will increase to 44.9%

The APR for loans between £3000 – £4999 will decrease to 38.9%

The APR for loans between £5000 – £10,000) will remain the same at 37.9%

The representative APR across the Homeowner product will change from 39.9% to 38.9% with a Max APR on the product of 44.9%

Tenant product

All tenant guarantor loans will be priced at 59.9% APR

The representative APR across the Tenant product will increase to 59.9% with a Max APR on the product of 59.9%

£4000 over 4 years, representative 39.9% APR fixed. Monthly payment £153.60. Annual interest rate 34.05% fixed. Interest payable £3372.80. Total repayable £7372.80

Credit calculator

£50 £2,000
1 month 12 months

Credit Review

Loans through UK Credit Guarantor Loans can be more affordable than similarly sized payday loans, as the presence of a guarantor allows them to offer lower interest rates to borrowers. Repayment can be completed in as little as 12 months or as many as 60 months, depending on the size of the loan acquired.

Aside from initial contact during the application and approval process, the guarantor will only be contacted should the primary borrower fail to make a timely payment. Additionally, a missed payment will not automatically reflect poorly on the guarantor, as they will be contacted and given a reasonable opportunity to make the payment before negative action will be taken.

Company Pros...

  • Will consider applicants with CCJ's and defaults
  • You do not have to be a homeowner to be a guarantor

Watch out for...

  • Will not consider anyone on an IVA or declared bankrupt

Company Details

UK Credit Ltd
St Crispin’s House, Duke Street,

Company Number


FCA License


Customer Reviews

UK Credit Guarantor Loans
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