George Banco

George Banco offer personal loans of £1,000 to £5,000, to be repaid over one to five years. They also offer guarantor loans from £500 to £10,000 with the same repayment terms. The main difference between these two types of loans is the Representative APR - personal loans and guarantor loans have rates of 61.8% and 49.7% respectively.

When applying for a loan with George Banco, while they do sometimes offer unemployed loans if you’re in receipt of another type of income, and poor credit is often accepted, your application won’t be accepted if you’re under IVA or bankruptcy. 

If you decide to take out a guarantor loan with George Banco, your guarantor 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.

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. 
• Completely Free Service: We offer a free service to all our customers - we instead work on a commission basis with our lenders. So there are no hidden fees or charges.
• Lender Options: We have over 100 lenders in our network, so when you make an application with My Financial Broker, it’s like applying with this number of lenders simultaneously.