Buddy Loans

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

If you want a loan between £1,000 and £10,000 then Buddy Loans can help, the application can take up to 24 hours with the different paperwork for the applicant and the guarantor but once approved, the money can be in the account of the guarantor within hours.

The guarantor can be anyone that you trust and that trusts you. They need to trust you to repay the loan and you need to trust them as the loan is deposited into their account. Typical guarantors are family members, close friends or work colleagues. It is not essential for the guarantor to be a homeowner, but for some loan values it will be.

Minimum period for repayment: 12 months | Maximum period for repayment: 60 months | Minimum APR 49.8% | Maximum APR 49.9% Representative example: Amount of credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR (Variable). 36 repayments of: £158.57.

There are no set up or administrative fees added to the loan as long as repayments are made, if you ever feel as if you are going to miss a payment get in touch with Buddy Loans as soon as possible to talk through your situation and see what they can do to help

Buddy Loans like to think of themselves as the UK’s friendliest guarantor loan provider so speak to them at ease about your needs and they will find a solution.

Buddy Loans are Authorised and regulated by the Financial Conduct Authority: FRN 718849. If you currently have a loan with them and need to contact them you can do so through;