Loans like Bamboo

Bamboo used to provide loans with or without guarantors, but now only offers unsecured personal loans. It is popular with borrowers who have limited or bad credit, or who simply struggle to secure credit through the regular channels. If you're looking for similar lenders to Bamboo, the hunt is over.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.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.

Will you be approved?

Check your personalised rates and likelihood of acceptance.

Compare loans like Bamboo

NameRepresentative APRLoan amounts
Bamboo Guarantor Loan Bamboo Guarantor Loan 69.9% £1,000.00 to £8,000.00
TFS Loans Tenant Guarantor Loan TFS Loans Tenant Guarantor Loan 49.9% £2,000.00 to £5,000.00 More info
UK Credit Limited Unsecured Homeowner Loan UK Credit Limited Unsecured Homeowner Loan 26.9% £3,000.00 to £20,000.00 More info
Trusttwo Trusttwo (Homeowner Guarantor) Personal Loan Trusttwo Trusttwo (Homeowner Guarantor) Personal Loan 36.9% £1,000.00 to £15,000.00 More info
UK Credit Limited Tenant Guarantor Loan UK Credit Limited Tenant Guarantor Loan 39.9% £2,000.00 to £6,000.00 More info
Amigo Guarantor Personal Loan Amigo Guarantor Personal Loan 49.9% £1,000.00 to £10,000.00 More info
Trusttwo Trusttwo (Tenant Guarantor) Personal Loan Trusttwo Trusttwo (Tenant Guarantor) Personal Loan 36.9% £1,000.00 to £15,000.00 More info
1plus1 Loans Guarantor Loan 1plus1 Loans Guarantor Loan 47.8% £1,000.00 to £10,000.00 Check eligibility
NameRepresentative APRLoan amounts
Bamboo Personal Loan Bamboo Personal Loan 59.7% £1,000.00 to £8,000.00 Check eligibility
Progressive Money Personal Loan for Homeowners Progressive Money Personal Loan for Homeowners 56.86% £1,000 to £15,000 More info
Likely Loans Personal Loan Likely Loans Personal Loan 59.9% £500.00 to £5,000.00 Check eligibility
Savvy Personal Loan Savvy Personal Loan 319.5% £300 to £3,000 More info
Everyday Loans Personal Loan Everyday Loans Personal Loan 99.9% £1,000.00 to £15,000.00 Check eligibility

What is Bamboo?

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.

Alternative lending

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.

Tappily

Get up to £2,500 when you need it with Tappily

  • Get ongoing access to a flexible line of credit
  • Helps you to avoid expensive overdraft fees

Representative example: Amount of credit: £1,200. Interest rate: 0.34% per day for up to 75 days (25.5% (variable) per annum). Representative 49.7% APR (variable).

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