- Apply for £100 - £15000
- Credit Problems OK
- Non-Homeowner Guarantors accepted
- Multiple Loan Options
- No Fees or Charges§
- Can be paid within 24 hrs
A lender who wants to shake up the market. They can accept guarantors who are NON-HOMEOWNERS. While they offer both guarantor loans and personal loans you will find you can obtain a lower APR% by using a guarantor loan.
|Representative APR||Loan Term (months)||Loan Amount (£)||Instant decision||E-signature available|
|49.7%||12 - 60||1,000 - 7,500|
|Representative Example: Borrow £3500 for 36 months. Repay £170.56 each month. Total interest of £2640.16. Total repayable £6140.16. Interest rate 31.9%. Representative APR 49.7% fixed.|
George Banco entered the UK lending directly into guarantor loans. They aim to shake things up - their guarantor loan of £1000 to £7500 can accept non homeowner guarantors across the entire loan value range! Their APR% is higher than most other lenders' but a high proportion of their loans are to people with non-homeowners as guarantors. This may partially account for this. They offer good customer service and this will pose a significant challenge to the incumbant lenders. Their management team has wide experience of the UK consumer finance market and they have invested in a full online service - no payslips, bank statements, etc.
By accepting non-homeowners as guarantors right up to £7500 they are really putting the pressure on the likes of Amigo. While their APR% does not look competitive they are able to move quickly once an enquiry is received. Allying this to a full online application process means they mean business. You should consider them if you need no more than £7500 and a 12 to 60 months repayment term is long enough.
When it comes to getting you your guarantor loan our online service is second to none. In fact Solution-Loans.co.uk has scored based on 198 ratings & 31 user reviews for its guarantor loans service.
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