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Lender Ratings & Verdict

UK Credit scores 4.5 out of 5 based on 1,500 reviews on TrustPilot. This score puts UK Credit slightly lower down the rating spectrum than the typical guarantor loan lender.

UK Credit vs Other Lenders

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


  • The maximum loan size if £15,000 putting it at the top end (only 2 other lenders can equal this).
  • The rate of 29.9% for loans over £14,000 is the lowest available (only 1 other lender can match this).
  • No extra interest is charged if your guarantor doesn't own their home.
  • Full online account management is available unlike some other lenders.
  • Online application process is relatively fast.


  • Average customer rating is marginally lower.

Compare UK Credit to other Guarantor Loans

UK Credit's rates start at 29.9% for loans over £14,000. At a more typical loan size of £5,000 their rate is 39.9% which is the lowest available (only one lender can match this). This calculator uses our representative APR is 39.9% to help you estimate monthly repayments. Non-homeowner guarantor loan rates range between 39.9% and 54.9%.

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.

About UK Credit

UK Credit are one of the leading brands in the UK guarantor loan market. They have grown steadily since they started in 2010. For a few years they were one of just three lenders - the others being Amigo and TFS Loans. They are well respected and earn good reviews from borrowers.

  • Loans from £2,000 to £15,000 (£6,000 for non-homeowner guarantors)
  • Repay over 18 to 60 months
  • Representative APR 39.9% (fixed)

UK Credit's Representative Example

Borrow £4,000 for 36 months. Representative 39.9% APR fixed. Monthly payment £178.80. Annual interest rate 34.05% fixed. Interest payable £2,436.80. Total repayable £6,436.80.

UK Credit also offer a guarantor loan where the guarantor is a non-homeowner. These loans are offered on the same APR% terms as the homeowner guarantor product.

UK Credit FAQs


Does UK Credit need my guarantor to own their home?


UK Credit's solution to this conundrum is to have two different guarantor loan products - whereas the homeowner guarantor product offers up to £15,000 the non homeowner product is limited to £6,000. They share the same APR% at the same loan value. more information about non homeowner guarantors.


Does UK Credit charge a variable interest rate?


No, UK Credit'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 UK Credit's APR%?


For their homeowner guarantor product the rate varies from 29.9% (loans >£14,000) to 54.9% (loans <£3,000). Although their non-homeowner guarantor product is limited to £6,000 it shares the same interest rates as the homeowner guarantor product. A different lender offers the lowest APR of 29.9% for loans over £10,000. If this is of interest then apply here.


How do I repay UK Credit?


Most borrowers make their monthly repayments using direct debit. But UK Credit also make provision for standing orders, bank transfers and indeed cheques. The amount you repay will be specified by UK Credit before you sign any agreement. You can estimate your repayments using our calculator (representative 39.9% APR) but don't forget that the UK Credit rates work on a sliding basis - you may pay a higher or lower rate than this depending on your loan amount. If your monthly payment fails then Buddy will always get in touch to help resolve the problem.


What if I can't repay my UK Credit loan?


As with debt of any kind the first thing to do, if you are beginning to struggle with payments, is to contact UK Credit. 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 UK Credit. If they cannot contact you then they will contact your guarantor to help settle your account.


How will being a guarantor for a UK Credit loan affect me?


When the loan application is being assessed your credit file will be "soft searched" - this means no footprint is left. This is simply to ensure you are creditworthy and to check your identity. But once the agreement is signed and the borrower starts to make their monthly repayments you should hear nothing from UK Credit. However, if the borrower is struggling to make payments and then fails to keep in touch with UK Credit 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 UK Credit loan be paid off early?


Yes, you can make overpayments or pay off the entire loan early. When you make an overpayment (maximum 3x your monthly payment) it will reduce the duration of your loan and the amount of interest you pay in the long run. When you want to pay off the whole loan early you must first get a settlement figure. Paying off early could save you significant amounts of interest.


How fast can UK Credit approve and payout my loan?


UK Credit are coy about how fast things will move following an application. They claim they have made the application as slick as is possible. Any delays in processing your application will be due to needing a phone conversation or copies of documentation. Equally if your guarantor is not accepted then there will be a delay while you find another. 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 UK Credit loan?


Well, UK Credit are one of many lenders now available. Our free enquiry service can instantly tell which of the many lenders we work with could lend to you in principle - and many of these other lenders have competitive offerings to UK Credit's. If you'd like 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 UK Credit 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 UK Credit 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)..

How to Find UK Credit


Office Address: St Crispin's House, Duke Street, Norwich, Norfolk, NR3 1PD

Office Hours

Mon - Fri: 08.00 - 20.00

Sat: 09.00 - 13.00

UK Credit on Social Media


Here's @ukcredit page:


Here are UK Credit's most recent tweets:

Company Information

Company Registration

UK Credit Ltd is registered at St. Crispin's House, Duke Street, Norwich, NR3 1PD. Company registration number 06929807.

FCA Registration

UK Credit is authorised and regulated by the Financial Conduct Authority with firm reference number 721556.

ICO Data Protection Registration

UK credit Ltd is registered with Information Commissioner, registration number Z2022318.

Important UK Credit Links

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