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About George Banco

George Banco offered personal loans of £1,000 to £5,000, to be repaid over one to five years, though recently stopped lending as they close down the business. They also offered guarantor loans from £500 to £10,000 with the same repayment terms.

When applying for a loan like those offered by George Banco, while some lenders do offer unemployed loans if you’re in receipt of another type of income, and poor credit is often accepted, your application is less likely to be accepted if you’re under IVA or bankruptcy.

If you’re looking for lenders like George Banco, and decide to take out a guarantor loan, your guarantor typically will need to be over the age of 25, be earning at least £1,000 per month, and have a good credit rating. A guarantor loan is often a good option for people who have been turned down for credit previously due to their financial history.

Last Updated: December 2021

Why Apply Through My Financial Broker?

  • All Credit Histories Considered: Like George Banco, many of our lenders believe that your credit history should not be the only consideration when it comes to taking out a loan. Factors like your current income and expenditure will also be taken into account. 
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