The UKs Fraud Prevention Service Be a guarantor for a loan | Guarantor Loans £1,000 to £8,000 | Bamboo

Be a guarantor for a loan

If you’ve been asked to be a guarantor for a loan, it can be a positive way to help a friend or relative borrow money.

What is a guarantor?

This is someone who agrees to make any payments on the loan if the borrower does not. A suitable guarantor includes someone who regularly pays their bills on time, has a regular income and can afford to make the loan repayments if required. At the start of the loan the guarantor must be aged between 21 and 72.

Your partner, spouse, family member, friend or colleague could be a guarantor for loan.

Be a guarantor for a loan

Guarantor criteria

  • Aged between 21 & 72 at the start of the loan
  • Partner / spouse / friend / family member / someone you work with
  • UK resident (excludes Isle of Man and Channel Islands)
  • UK bank account
  • Valid UK debit card (Visa Debit / Visa Electron / Debit MasterCard)
  • Can be a tenant or homeowner
  • Able to afford the monthly repayments
  • Not currently a customer or guarantor with Bamboo

Our unsecured loans

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Our guarantor loans

View our guarantor loans

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The rate you are offered will depend on your personal circumstances.
A guarantor may be required.

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Rates from 26.9% APR to a maximum of 89.9% APR. Loan terms from 12 to 60 months.