Rating based on 18 reviews

Buddy Loans


  • Loans Bad Credit up to £10,000
  • Low-interest starting from 41.16%
  • Repayment up to 60 months

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Buddy Loans homepage

Author Buddy Loans. Screenshot of Buddy Loans website. [Accessed May 17, 2020]

About Buddy Loans

At Buddy Loans, we offer loans up to £7,500 with flexible repayment terms and we are proud to say that we have the UK’s friendliest guarantor loans website.

We are professional lenders who deliver only the very best lending services. We are also regulated and authorised by the Financial Conduct Authority.

No credit or slow credit

If you have no credit or bad credit, it might seem difficult to get your hands on the finances you need. At Buddy Loans we grant loans based on your ability to repay the loan but more importantly the fact that you have good Buddy, which is your guarantor, makes getting a loan as easy as you need it to be.

Simpler lending services

There was a time that banking and lending was simpler, and we liked it when banking and lending was done on a more personal level. Thus, we look at each individual situation before making a decision on your loan application.

Do you have a buddy?

If your good buddy says you're good enough for a loan, then we believe that you are good enough for a Buddy Loan. You require a guarantor to apply for a loan with Buddy Loans and all loans are subject to status and affordability checks prior to approval. Additionally, all applicants must be 18 years old or older.

Buddy Loans Services

One of our expert financial services is offering individuals bad credit loans of up to £7 500. Our repayments terms are available from 12 to 60 months.

We offer bad credit loans

If you do not qualify for a loan through traditional banking or mainstream lending; we are your solution. We offer loans to people who have a less than perfect credit score. Having a bad credit score should not stop you from getting the finances you require.

Our convenient guide to bad credit loans will help you understand all there is to know about bad credit loans.

How to use this guide

For a better understanding, it is best to read the entire guide. It will ensure that you know all there is to know about bad credit loans and applying for a bad credit loan, your credit score and all the options that are available to you.

The guide is conveniently divided into different chapters, making it easier for you to work through the guide and get to grips with all you need to know.

Each chapter acts as a stepping stone onto the next chapter, by the end of the guide, you will have all your questions answered and you will know exactly how to apply for the loan you need.

Buddy Loans Product Details

  • Loan Type Loans Bad Credit
  • Interest Rate from 41.16%
  • Loan Amount up to £10,000
  • Repayment 12 months to 60 months

Benefits of Buddy Loans

  • Loans for clients with bad credit
  • Easy online loan application
  • Affordable loan repayment options
  • Apply online in 60 seconds

How to get a bad credit loan with Buddy Loans

Buddy Loans make applying for a guarantor loan as easy as it could possibly be.

How guarantor loans work;

Apply online

Simply visit our website and apply online. The application form won’t take longer than just a few minutes and then you are well on your way to getting the loan you need.

Nominate your guarantor

As you know, to apply for a bad credit loan at Buddy Loans, you will need a ‘buddy’ that is willing to co-sign as a guarantor.

Your application will be assessed

We are now ready to assess your loan application form and we will do so within an hour.

Loan approval within one hour

You will receive an answer within the hour, provided that you have applied within Buddy Loans operating hours.

Same-day payout

If you are approved before 17h00, you could receive the funds the same day. We believe you should not have to wait for the funds that you need, thus we have made the lending process as easy and quick as possible.

Who can be my guarantor?

A guarantor can be a good friend, a family member or a work co-worker that guarantees the loan for you. Should you default on your repayments, your guarantor will be liable for the outstanding loan amount.

Guarantor loan requirements

  • Family member, close friend, colleague
  • Aged between 18 and 75
  • You need to have a valid UK bank account
  • OK credit score
  • You need to have a minimum income of £1,000
  • We require your residential status i.e. are you a homeowner, tenant or living with parents

Improve your credit score

If you stick to the repayments of your approved guarantor loan, you will improve your credit score, which will help your financial lending abilities in the future. Speak to us today to apply for a guarantor loan and improve your credit score.

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Buddy Loans is a trusted & reliable provider of loans bad credit

In our review, Buddy Loans adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Buddy Loans is a registered credit provider in the UK; FCA number 718849

Customer Reviews & Testimonials

Buddy has been a lifesaver in helping me understand and combat my bad credit. The offered affordable terms and low-interest rates on loans.

Adam N
— Stockport —

Flexible terms, low rates, and costs. What could I ask more?

Kasey W
— Cardiff —

Simple and easy to get a bad credit loan from Buddy, they are indeed your friend in finance if you ask me.

Nikki C
— London —

Buddy Loans Contact Details

Physical Address

  • Alexandra Court Carrs Road Cheadle Cheshire SK8 2JY United Kingdom
  • Get Directions

Opening Hours

  • Monday 09:00 – 19:00
  • Tuesday 09:00 – 19:00
  • Wednesday 09:00 – 19:00
  • Thursday 09:00 – 19:00
  • Friday 09:00 – 19:00
  • Saturday 10:00 – 14:00
  • Sunday – Closed