Rating based on 87 reviews

Buddy Loans


  • Bad credit loans 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 September 7, 2021]

About Buddy Loans

We are authorized and are regulated by the Financial Conduct Authority to be professional lenders for you.

Buddy loans understand that it is difficult in these times that is why we came up with the best borrowing solution for people who have no credit score or are being labelled in the slow credit department.

Quick bad credit loans

We grant loans depending on your ability to make repayments and when you have a guarantor that also feels that you can make the repayment it’s even better. We offer low interest and no stacks of paperwork. You can repay your loan each month by making a direct debit and the bad credit loan contract will give you the details of the amount you have to pay. You can even set a date each month on a debit order for us to collect the money whichever is most convenient for you. If you miss a payment we will get in contact with you to make arrangements to get your account up to date.

The guarantor loan option

If you have been nominated as a guarantor your job is to help out your friend or family member who nominated you by getting the credit they require. With every commitment, there are also some responsibilities to help ensure the person that you are a guarantor for keeps up with their payments. Buddy loans will also inform you throughout the loan if there is anything you should know about, but if there are any problems we will get in touch to discuss the missed payments.

Buddy Loans Services

We know to get accepted for a loan seems difficult whether it’s for a mortgage to be a property owner, signing up on car finance or just to give your home a renovation.

There are a lot of reasons for people to want extra funds but when you have a low or non-existing credit score, lenders might just distance themselves from you. They might think that your low credit score is because you are not financially responsible enough to be keeping up with repayments of other loans.

Boost your credit score

There are 5 effective ways to get your credit score to look positive and help show lenders that you are financially responsible. Build yourself a credit file young people suffer from no credit ratings as they don’t have a long financial history. The next step is to clear your debts, repairing any significant debts that have defaults on them.

The payment plan

Lenders like to see that you are prompt with paying your bills, don’t miss payments and make sure to do repayments on time. Improving your credit score you can also lower your credit utilization ratio, this means you must divide your total credit card balance by the available credit limit, lenders favour people with a score less than 30%. Lastly to improving your ratio by not having to open more than one credit card, you need to save as much as you can. Paying off your credit card balance will naturally lower your score.

Buddy Loans – Bad credit loan

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

Benefits of Buddy Loans

  • Apply for a loan in 60 seconds
  • Loans for clients with bad credit
  • Flexible and affordable loan repayment

Bad credit loan calculator


The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

Applying for a loan is taking only 5 steps that won’t even take you 5 minutes to complete

After you have applied we make sure that everything is in order and approve the loan within the next 24 hours.

Get a loan today

Taking out a guarantor loan you will need to know who you can ask to be your guarantor. It must be someone you can trust like a parent, daughter or son that is 18 or older of age, grandparents, brother, sister, husband, wife, boyfriend, girlfriend or a work colleague. All of these are ideal guarantors. If you need any assistance with the online loan application or have any related inquiries you can give us a call on the numbers that we have provided.

Contact us for a reliable loan

Having trouble calling us, you can also send us an email on our online generator. We will receive the message and then get back to you as soon as possible. For any updates on new products, you can follow us on our social platform which is Twitter and Facebook. We also upload new news feeds to our blog regularly for those who do not have social platforms. If you like more personal contact you can visit us at our office address. Our service providers are friendly and highly trained to give you the best advice and services. Make sure to catch them in office hours to experience our high quality.

Our loan carry low-interest rates

Buddy loans are here to assist in all your needs and help you out with your financial circumstances. Offering you low-interest rates and great guarantor loans to get you up and going. Helping you build a perfect credit score to start that small business you always wanted or just to renovate your home, get started today.    

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

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

October 2019

I needed a loan to start a small business but I couldn’t find a company that had the low interest I needed. Luckily my guarantor came across Buddy loans and we can’t any happier with their intere...

Jack T
— London —

June 2019

Easy and user friendly platform to work on. Didn’t take me 10 minutes to fill in the application form and they were quick to respond on my application.

Bill P
— Manchester —

Buddy Loans Contact

Physical Address

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