Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.
| Name | Representative APR | Loan amounts | ||
|---|---|---|---|---|
 |
Bamboo Guarantor Loan | 69.9% | £1,000.00 to £8,000.00 | Check eligibility |
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TFS Loans Guarantor Loan | 39.9% | £1,000.00 to £15,000.00 | Go to site |
 |
UK Credit Limited Homeowner Guarantor Loan | 29.9% | £2,000.00 to £15,000.00 | Go to site |
 |
Trusttwo Trusttwo (Homeowner Guarantor) Personal Loan | 49.5% | £500.00 to £10,000.00 | Check eligibility |
 |
UK Credit Limited Tenant Guarantor Loan | 39.9% | £2,000.00 to £6,000.00 | Go to site |
 |
Amigo Guarantor Personal Loan | 49.9% | £1,000.00 to £10,000.00 | Check eligibility |
 |
Trusttwo Trusttwo (Tenant Guarantor) Personal Loan | 49.7% | £500.00 to £10,000.00 | Check eligibility |
 |
1plus1 Loans Guarantor Loan | 47.8% | £1,000.00 to £10,000.00 | Check eligibility |
| Name | Representative APR | Loan amounts | ||
|---|---|---|---|---|
 |
Bamboo Personal Loan | 69.9% | £1,000.00 to £5,000.00 | Check eligibility |
 |
Everyday Loans Personal Loan (fair credit) | 34.4% | £1,000.00 to £15,000.00 | Check eligibility |
 |
Progressive Money Personal Loan for Homeowners | 56.86% | £1,000 to £15,000 | Go to site |
 |
Likely Loans Personal Loan | 59.9% | £500.00 to £5,000.00 | Check eligibility |
 |
Everyday Loans Personal Loan (poor credit) | 58.4% | £1,000.00 to £10,000.00 | Check eligibility |
 |
Savvy Personal Loan | 319.5% | £300 to £3,000 | Go to site |
There are a number of reasons why borrowers can feel let down by mainstream lenders. Tight eligibility criteria can act against those whose credit record isn’t perfect, those who have declared bankruptcy and those who have had CCJs. Other would-be borrowers may simply not have been able to build up a good credit history because they’ve never borrowed money or had a credit card.
Bamboo loans is a specialist lender which has opted to focus on catering to this section of the market. Thankfully, specialist lenders like Bamboo have now become more commonplace.
As well as straightforward unsecured personal loans (typically suitable if your credit score is fair to good), Bamboo offers “guarantor” loans – loans which are guaranteed by a relative or friend of the borrower. The guarantor promises to step in and pay off the loan in the event that the borrower is unable to do so.
There are a few innovative new lenders such as Tappily, that offer alternative takes on short term borrowing for less-than-perfect credit scores. Tappily was primarily designed to help people avoid expensive unauthorised overdraft fees.
Representative example: Borrow £1,200 for up to 75 days at a rate of 124% p.a. (variable). Representative APR 49.7%.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
