We can provide finance for people who have had difficulties obtaining credit in the past,
if we can’t approve you, we don’t think anyone can!

Guarantor Loans

Get up to £10,000 in your account today to spend on whatever you want. All you have to do is apply for one of our guarantor loans.

AmI eligible for a guarantor loan?

Both of you must be UK residents.

You and your guarantor must be over 18 years old.

Free from bankruptcy.

Guarantor has good credit or are homeowners.

CCJ's and Defaults can be accepted.

What can I spend my guarantor loan on?

However you want. A guarantor loan is essentially a personal loan, the difference is, if you are unable to make your repayments then the lender will take the money from your chosen guarantor.

We have a number of guarantor loans where you can borrow up to £10,000 to spend on whatever you want. Most loans are paid out within 48 hours so you could have the money available to spend in no time.

Bad Credit Guarantor Loans

Bad credit guarantor loans are where you choose somebody to make repayments on your loan if you are not able to.

If you have bad credit, then a guarantor loan may be a good option for you. A guarantor provides a safety net for both you and the lender. So if you find yourself struggling to make a payment, your guarantor is able to help, ensuring the lender still receives their owed amount.

Our guarantor loan products

Two of our preferred lenders for guarantor loans are Amigo loans and George Banco.

To apply for a loan is fast and easy, just click the apply button and fill out the form and you could receive your money the same day!

Get a guarantor loan through Amigo Loans

Representative 49.9% APR (variable)
Representative Example: Borrowing £4000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable).


Get a guarantor loan through George Banco

Representative 49.7% APR (variable)
Representative Example: Borrowing £3500 over 36 months, repaying £170.56 per month, total repayable £6,140.16. Interest rate 49.7% (variable).



Who can be your guarantor?

Friends, partners, family members and house mates can be used as your guarantor. If you already share financial commitments with your guarantor, you will want to ensure that taking out your guarantor loan won't put you under financial strain.

To be in with the best chance of getting accepted, your guarantor should be a homeowner. Should you not be able to get a guarantor who owns a house, they must have very good credit.

What happens if you (the borrower) misses your payments?

Should you find yourself missing a guarantor loan repayment, then the lender will most likely get in touch with you and give you a chance to make the payment. If this isn't an option and you are unable to pay, then the lender will contact your guarantor.

As your repayment date nears, the lender should email both the borrower and the guarantor to let you both know payment is due. If payment is missed you may find that interest is added on to the balance.

What happens if your guarantor can't pay?

Before your guarantor loan is accepted an affordability check will be carried out on your guarantor. Should the borrower become bankrupt, stop paying, enter into an IVA, or pass away, then the guarantor will be solely responsible for the loan. That is why it's so important for your chosen guarantor to have good credit.

If both the borrower and guarantor are unable to make repayments then the lender will likely take further action.

If you have any further questions regarding guarantor loans, please get in touch.

Safe & Secure

Registered with Information Commissioners Office ICO Registration Number: ZA132327

UK Car Finance Limited. Registered in England
Registered number 9397657.
Registered Office Lakeside House, 30 Northumbrian Way, Newcastle Upon Tyne, NE12 6EH

Refused Car Finance is a trading style of UK Car Finance Limited and is acting as a licensed credit broker and a lender, we are authorised and regulated by the Financial Conduct Authority, registration number 714966. All finance is subject to status and income. Applicants must be 18 or over, terms and conditions apply, guarantees and indemnities may be required.

Written quotations on request. Certain exclusions for NI residents.

Note: We cannot be held responsible for specification errors, and price errors, we use Motortrade software which is not always 100% accurate. Copyright 2017 Refused Car Finance.

Refused Car Finance can introduce you to a limited number of finance providers based on your credit rating and we may receive a commission for such introductions.

*Representative Example
Cash price – £8,500.00, Deposit – £0.00, Amount of credit – £8,500.00, Rate of interest – 16.24% per annum, Amount of interest – £6,912.00, Lender Documentation fee – £0.00, Lenders option to purchase fee – £10.00, Total charge for credit – £6922.00, First repayment – £256.70, Followed by 58 Monthly repayments of – £256.70, Final repayment – £266.70, Total amount payable – £15,412.00, Representative APR – 29.9%

*Last month, over 51% of Refused Car Finance customers that had their loan arranged were offered an APR of 29.9% or lower

In the first 3 months of this year, UK Car Finance Ltd received 2140 unique applications, of which we were able to offer 2136 applicants a line of credit, subject to the applicant being able to provide acceptable proof of affordability, being free from insolvency and or/a supporting guarantor fitting the lenders eligibility criteria, this represented 99.8% of applicants in this period.

Rated No.1 for car finance in the North East of England collated from Google Business Reviews

Refused Car Finance Reviews

4.90 Average

146 Reviews

Was so fast and easy Jacob was even doing out of work search’s for me , he done more than his job he helped me find my car I wanted and pushed through for me to get it as soon as possible .

Refused Car Finance where awesome they kept me informed every step of the application they where so professional in every aspect. I highly recommend them to anyone with poor credit history and for people who are long term benefits.

Paige was very professional and very helpful. Highly recommend