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GuarantorMyLoan is a Peer to Peer platform for borrowers and lenders. They offer up to £10000 over 5 years with a Rep APR of 48.9%.
Guarantor My Loan is a peer-to-peer guarantor loan provider, offering loans of between £1,000 and £10,000. You can borrow the funds for one to five years, making repayments weekly, fortnightly or monthly.
Guarantor loans are often aimed at those with a poor credit history – the lender will look at each application on an individual basis. When applying for a loan with GuarantorMyLoan, your guarantor will need to be a homeowner with good credit, aged between 21 and 75, and be able to afford the monthly repayments.
In terms of interest rates, GuarantorMyLoan have a Representative APR of 48.9%.
Last Updated: February 2023