GeorgeBanco Review 2018 [Read Our Expert Opinion]

Jane Wardle

Written by Jane Wardle on February 2, 2018

Updated February 27, 2018

Overall Rated: 5 / 5


Offering same day affordable loans that suit customer situations, George Banco considers a range of circumstances for both personal and guarantor loans. With excellent independent customer feedback and review scores, George Banco scores highly for its support, customer service and established community.

George Banco is a lender that aim to offer tailor-made loans for everyone, no matter what their financial situation to give long-term financial stability. For assistance through a personal loan, a customer can borrow any amount from £1000 to £5000 with a term of 12 to 60 months. With a guarantor loan, customers can acquire £500 to £10,000 for 12 to 60 months.

Designed to help anyone despite their financial situation, George Banco accept loan applications for a range of reasons from debt consolation to paying for a car or wedding. Understanding that a considerable number of customers will have negative credit scores, George Banco is able to give first quotes without affecting credit scores, something which is highly beneficial for customers struggling to get a loan.

The personal loans are easy to apply for, and money is often paid out the same day, giving customers fast help when they need it most. While a guarantor loan can take slightly longer to process, the company still aims to have the money with the customer at the earliest possible convenience.

Trust & Reputation

Rated 5/5

Regularly mentioned on loan comparison websites, George Banco has a clear standing for a high reputation within the industry. The firm is a member of all the appropriate regulated bodies showing the company follows best practice.

Their trust and reputation is further supported by online reviews, in which customers are regularly commending George Banco for their professionalism and success in following legal requirements. In fact, George Banco has over 2,000 reviews on Trustpilot which give customers a well-informed view of the business.

To further showcase that they are a leader in the industry, George Banco regularly receives nominations for awards. In 2017, George Banco were finalists in the Consumer Credit Awards 2017 for the ‘Best Guarantor Loan Provider’. In 2015, George Banco were also finalists in the Credit Today UK Awards.

Expertise & knowledge

Rated 5/5

Due to their offering of a range of different loan types, the expertise of George Banco lies in their personalisation of the customer experience. With all circumstances considered, loans may be available to people with a range of situations, whether they are a homeowner, renting, have a good credit score or negative.

George Bance takes the time to listen to a customer and what they ultimately need from a situation before making an informed decision on which loan is best for them. They understand the different requirements for a loan and therefore offer the rates that promote responsible lending. Offering guarantor loans also support more applicants, making loans much more accessible and feasible.

Customer Service

Rated 5/5

George Banco is present and prevalent on a range of different online review websites, scoring an impressive 9.7 out of 10 on Trustpilot. This score is collated from almost 2,500 reviews, and only 2% are marked as 'bad'. Of the 91% of reviews graded 'excellent', they regularly mention the fast service, simple application process and excellent customer service. They achieve similar scores on a range of sites, including Choose Wisely, further confirming their consistency for high levels of customer service and they desire to help wherever possible.

A considerable amount of reviews mention that they would recommend to a friend, that they have or will return to use George Bance should they ever need the assistance. This is important for a company as they become well known for the right reasons, and doing their job well is one of the most effective forms of company promotion and recognition.