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George Banco offer unsecured loans with or without a guarantor with representative APR rates of 49.7%
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: February 2023