We’ve all encountered problems with our personal finances at one time or another, and a few bad decisions in our past shouldn’t prevent us from having a bright, prosperous future. Whether you’re looking to consolidate your existing debt into a more manageable sum, or you need a quick injection of cash to replace a broken fridge or washing machine, our lenders’ flexible guarantor loans may be the best, most effective solution.

What Is a Guarantor Loan?

A guarantor loan is an unsecured loan that relies on a ‘guarantor’ – usually a close friend or family member – to co-sign your credit agreement, effectively guaranteeing your repayments. It’s a great way to secure financial assistance if you don’t have the best credit history, and with Now Loans you’ll get a dedicated, professional service with an emphasis on quality and choice.


  • You can borrow as little as £500, or as much as £15,000.
  • You’ll have the option to pay off your loan early, reducing your overall costs.
  • And, because guarantor loans place much less emphasis on your personal credit score, you have a far better chance of being accepted.


So, if you have a poor credit history, and you’ve been refused loans or credit cards in the past, our lenders’ cheap, flexible guarantor loans might just be the answer to your financial worries.


  • Borrow up to £15,000
  • Quick and easy application process

  • Homeowners and non-homeowners welcome

  • Repay early to reduce costs

  • Flexible repayment terms

  • 100% free, with no obligation

Estimate your loan repayments

Use our loan calculator to work out your estimated repayment options

Repaid over how many months?
Monthly repayments £XXX.xx
Total repayable £X,XXX.xx
Representative APR XX.x%

This tool is for guidance ONLY. It is designed to help you estimate loan repayments. It uses the representative APR of each product. Lenders have a duty to conduct affordability checks when you apply for a loan.

Who Can Be a Guarantor for a Loan?

To apply for a loan, the first thing you need to do is find yourself a suitable guarantor. Above all, it should be someone you trust, such as a friend, family member or a close work colleague. It’s important to remember that if you fail to meet the repayments on your loan, your guarantor will have to step in and settle any outstanding balance. So choose wisely. Whoever you pick should have absolute faith in your ability to meet your financial commitments, as well as a thorough understanding of their own personal obligations. And, if the unthinkable happens and you default on your agreement, your guarantor needs to have the capacity to honour any unpaid debts. Here are a few other key points to consider before you apply:


  • Your guarantor can’t be connected to you financially, so that will usually preclude your partner or spouse.
  • They must be aged between 21 and 75.
  • They don’t need to be a homeowner, but it’s essential they have a good credit rating.
  • They must be a UK resident with a UK bank account and debit card.
  • They can be employed, self-employed or retired, but they must have a regular income of at least £400 a month.


Our select panel of lenders is dedicated to providing cheap, high-quality guarantor loans for people across the UK, so, if you’re looking for an instant decision on guarantor loans, look no further. You can check your eligibility with just a few clicks of the mouse, our online application process is safe and secure, and you could have the money in your account within 24 hours. So, if you’re interested in guarantor loans with a low APR, why not make an enquiry today?

    How Do Guarantor Loans Work?

    If you have a less than perfect credit history, guarantor loans can be a smart, practical way to manage your finances. And, because lenders assess your guarantor’s credit score along with your own, you may find you get a cheaper, more flexible deal compared with other financial products on the market. But there are some things you need to consider before making a decision. For one, guaranteeing a loan can be a risky business, so it’s essential whoever you choose understands exactly what’s involved. The loan will be in your name, but, if you fail in your commitments, the burden of responsibility will land squarely at the feet of your guarantor. If they happen to be a close friend or family member, this may have wider implications for your personal life.

      What Happens if Guarantor Loans Are Not Paid?

      Missing the odd payment isn’t the end of the world, and most lenders will give you ample opportunity to catch up, but, if the worst happens and you find you’re unable to meet the monthly repayments on your loan, any outstanding balance will have to be settled by your guarantor. This is usually a last resort, and, with their strict affordability checks, our select panel of lenders will always do their utmost to ensure you’re able to honour any loan agreement you take out. But life can be unpredictable, and, in the event of an unforeseen redundancy or a change in your personal circumstances, your guarantor will be expected to step in and make the payments on your behalf.

        How Long Does It Take to Get My Guarantor Loan?

        Here, at Now Loans, we pride ourselves on delivering a fair, impartial service for all of our customers, and applying for one of our lenders’ guarantor loans couldn’t be easier. You can check your eligibility by answering just a few simple questions, and we’ll usually have a decision for you in principle within a matter of minutes. There’s no obligation, our service is completely free of charge, and our straightforward step-by-step process is safe and secure. If you’re approved for a loan, you and your guarantor will have to undergo one or two further checks before everything is finalised, but, if all goes well, you could have the cash in your bank within 24 hours. So what are you waiting for? A brighter, happier future could be just a few clicks away!