Alternatives to George Banco

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Lender Ratings & Verdict scores 4.9 out of 5 based on 6,500 reviews on TrustPilot. This score puts George Banco at the top end of the quality spectrum.

George Banco vs Other Lenders

We've chosen to show the key differences against the "typical" or "average" guarantor lender:


  • The maximum loan size is £15,000 which is the largest available in the market.
  • Customer rating is the highest amongst its peers.
  • It's lowest APR is 36.9% which means only 2 other lenders offer a lower rate.
  • Full online account management is available unlike some other lenders.
  • Online application process is relatively fast.
  • Also offer a personal loan that does not require a guarantor.


  • Nothing of any significance.

Compare GeorgeBanco to other Guarantor Loans

GeorgeBanco's representative APR is 49.7%. Their lowest rate is 36.9%, but we have lenders who offer guarantor loans starting at 29.9%. As a broker with access to multiple lenders we may be able to find you loans like George Banco's at a lower rate. This calculator uses our representative APR is 39.9% to help you estimate monthly repayments.

Estimated Repayment

Monthly Payment:
Total Repayable:
Representative APR:
39.9 %

Your actual APR will depend on: your loan amount, the lender you choose, if your guarantor owns their home, etc.

Less than perfect credit accepted

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Representative Example

Borrow £3,000 for 36 months. Representative 39.9% APR fixed. Monthly payment £144.16. Annual interest rate 34.05% fixed. Interest payable £2189.76. Total repayable £5,189.76.


George Banco opened in 2014 on the back of the success of Amigo in the UK's guarantor loan market. They very rapidly gathered momentum and are now a leading name in the industry. In 2017 they were acquired by Non-Standard Finance PLC and now sit alongside the TrustTwo brand. Their ratings and reviews are some of the best in the guarantor loans market.

  • Loans from £1,000 to £15,000
  • Repay over 12 to 60 months
  • Representative APR 49.7% (fixed)

GeorgeBanco's Representative Example

Borrow £3,500 for 36 months. Representative 49.7% APR fixed. Monthly payment £170.56. Annual interest rate 41.4% fixed. Interest payable £2,640.16. Total repayable £6,140.16.

They also offer standard unsecured loans of £1,000 to £5,000 for those whose credit score is fair to good. These don't require a guarantor.

George Banco FAQs


Does George Banco need my guarantor to own their home?


No, there is no need for the guarantor to own their home. We have more information about non homeowner guarantors.


Does GeorgeBanco charge a variable interest rate?


No, George Banco's interest rate is fixed for the duration of the loan, which can be up to five years. This is good to know because it means you can budget with confidence. Even if general interest rates rise you won't suffer from any increase in you monthly repayments.


What is's APR%?


George Banco is one of a small number of guarantor lenders whose loans have different interest rates depending on the loan value. The rates range from 36.9% to 49.7%. Typically the more you borrow the lower the rate you will receive. It is not explicitly shown on their website the points at the loan rate reduces. Whatever rate you get will be fixed for the duration of your loan. The lowest APR from any of our lenders in 29.9% for loans over £10,000. If this is of interest then apply here.


How do I repay George Banco?


Repayments are set up using a direct debit and paid on a monthly basis. The amount you repay will be specified by GeorgeBanco before you sign any agreement. While you can estimate your repayments using our calculator the GeorgeBanco APR is 49.7% rather than our representative 39.9% so be careful when looking at affordability. If your monthly payment fails then George Banco will always get in touch to help resolve the problem.


What if I can't repay my George Banco loan?


As with debt of any kind the first thing to do, if you are beginning to struggle with payments, is to contact George Banco. They are duty bound to help look at alternative ways to ease your repayments and make them affordable. You do need to keep in mind though that you have signed an agreement with George Banco. If they cannot contact you then they will contact your guarantor to help settle your account.


How will being a guarantor for a GeorgeBanco loan affect me?


You will be credit checked before any documents are signed as George Banco need to know you are creditworthy. But once the agreement is signed and the borrower starts to make their monthly repayments you should hear nothing from GeorgeBanco. However, if the borrower is struggling to make payments and then fails to keep in touch with George Banco or defaults then you will be needed to step in. If you fail to help bring the loan up to date then this will be recorded on your credit file too.


Can my George Banco loan be paid off early?


Yes, George Banco allows partial or complete early repayment. You must provide either verbal or written notice. It is not clear if they charge any fees for doing this. So, if you should suddenly be able to pay off a chunk of your loan then that will save you further interest costs and reduce the overall cost of your loan. We'd always recommend doing this if you can afford it. But do make sure you are clear if fees for doing this could be triggered.


How fast can GeorgeBanco approve and payout my loan?


George Banco will usually contact you within 2 hours of receiving your completed application. Once your application is approved they aim to payout your loan within 24 hours. This will depend on what if any documentation is required and if your guarantor is accepted. Once your loan is approved the money is transferred to your guarantor's account who then passes it to you. Money is paid via your guarantor as part of anti-fraud processes.


What's the best way for me to get a George Banco loan?


Well, George Banco are not the only lender in town. In fact there are numerous UK guarantor lenders. Our free enquiry service can instantly tell you which of the many lenders we work with could lend to you in principle - and some of these other lenders can offer lower APRs than If you want to maximise your chances of a guarantor loan then use our enquiry service - no fees, and exactly the same deals as going direct!


Who can be my guarantor for a GeorgeBanco loan?


Typically you need to find someone who knows you well enough for them to trust you - this is form of "trust-based" lending. So with this in mind your ideal guarantor is likely to be: Parents, Brothers & Sisters - Aunts & Uncles - Sons & Daughters - Grandparents - Boyfriend or Girlfriend - Work Colleagues & Friends. Typically lenders like are not prepared to accept guarantors who are already financially linked to the borrower. For example if you have a spouse and own assets together (e.g. a house) or indeed have joint debts. Lenders may also reject guarantors if they have joint costs with you (e.g. you live together and share the payment of joint bills). It is worth noting that George Banco will allow your guarantor to have the same home address as you which means that spouses are possible guarantors.

How to Find

Correspondence Address: 1st Floor, Epsom Court, White Horse Business Park, Trowbridge, BA14 0XF

Office Hours

Mon - Fri: 09.00 - 18.00

Sat: 09.00 - 15.00

George Banco on Social Media


Here's @georgebancoltd page:


Here are GeorgeBanco's most recent tweets:

Company Information

Company Registration is a trading style of Everyday Lending Ltd, Secure Trust House, Boston Drive, Bourne End, Buckinghamshire, SL8 5YS. Company registration number 05850869.

FCA Registration

Everyday Lending Ltd is authorised and regulated by the Financial Conduct Authority with firm reference number 724445.

ICO Data Protection Registration

Everyday Lending Ltd is registered with Information Commissioner, registration number Z9591892.

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