A highly regarded lender, Buddy Loans pride themselves on being the friendliest guarantor loans company. Helping customers with bad credit, offering same day payment and rebuilding credit history, Buddy Loans offer not only finance but support too.
Buddy Loans operate with two purposes; to be a ‘buddy’ to its customers and to let the ‘buddies’ of customers (guarantors) assist them in getting the financial assistance that they require. Buddy Loans offer up to £7,500 to their customers, with a loan term pay back over a period of 12 to 60 months.
Rather than basing their decision on credit scores and homeowner status, Buddy Loans follow the ‘old fashioned’ way of having someone you trust to support your application to confirm that the business can trust you to make your repayments.
The company are leading within their sector, and boast an impressive range of online reviews of real-life cases where they have helped. As a responsible lender, Buddy Loans review income and expenditure to ensure the loan they offer is appropriate for the customer’s situation. They also make sure the loan repayment schedule is affordable. The guarantor also has the same checks to make sure its accessible to both parties, should either party go through a difficult situation.