Skip to main content
Menu

GuarantorUsLoans

GuarantorUs Loans were formed with the aim of providing borrowing facilities to customers who find it difficult to obtain credit elsewhere, possibly because of a bad or non-existent credit history.

Compare loans

Pound

Sorry, there are no loans currently available from this provider

About GuarantorUsLoans

GuarantorUs Loans were formed with the aim of providing borrowing facilities to customers who find it difficult to obtain credit elsewhere, possibly because of a bad or non-existent credit history.

They are a trading name of Oakbrook Finance Ltd, with a registered office in Nottingham. The company is regulated by the Financial Conduct Authority, and is entered on the Financial Services Register, so their customers can have peace of mind in knowing that they follow strict guidelines for lenders.

Credit scoring is widely used by financial institutions across the UK to determine whether an applicant is eligible for a loan, how much they are allowed to borrow, and the interest rate that will be applied to their lone.

An individual’s credit score is based upon their financial history, including what lending facilities they already have, and whether or not payments have been made on time. Financial difficulties in the past can have a negative impact upon a person’s credit rating for years to come.

GuarantorUs Loans are built around the belief that people’s financial situations can change, and so they shouldn’t be denied access to a loan because of historical problems.

Customers of GuarantorUs Loans aren’t reliant upon their credit score, but they do have to provide a guarantor for the loan amount. This means that the guarantor may have to pay back the loan, if the lender becomes unable to do so.

The company stresses, however, that this is only done as a last resort, and they like to work proactively with the lender and the guarantor to find a solution if financial difficulties are encountered. They are also proud that they never charge a late payment fee.

The company takes a personal approach to lending, and that’s why they telephone both the lender and the guarantor before agreeing to make a loan. In most successful cases, funds will be sent on the day of the application.