Bamboo Loans are a direct lender aimed at people with poor and fair credit and have won Best Loan Provider at the Consumer Credit Awards in 2019, 2018 and 2017, couple this with the 5 star rating on Trust Pilot from over 18,000 reviews you can be confident pursuing your loan application with Bamboo Loans.
Bamboo Loans offer personal (unsecured) loan of £1,000 - £5,000 and guarantor loans of £1,000 - £8,000, they offer the best rate they can based on your credit score and 9/10 applications are approved by Bamboo Loans.
You have the option to repay all or part of the loan early with no charge so you can reduce the overall amount of interest you pay.
|Lenders||Loan type||Loan amount||Loan terms|
|Bamboo Personal Loans||Personal Loan||£1,000 to £5,000||1 to 5 years||Compare Loan|
|BeSavvi||Personal Loan||£1,000 to £10,000||2 to 5 years||Compare Loan|
|Everyday Loans||Personal Loan||£1,000 to £15,000||3 to 5 years||Compare Loan|
|1st Stop Personal Loans||Personal Loan||£2,000 to £15,000||2 to 6 years||Compare Loan|
|Hitachi Personal Finance||Personal Loan||£1,000 to £25,000||2 to 5 years||Compare Loan|
|Leap Lending||Personal Loan||£500 to £25,000||1 to 5 years||Compare Loan|
|Lendable||Personal Loan||£1,000 to £20,000||1 to 5 years||Compare Loan|
|Lending Works||Personal Loan||£1,000 to £25,000||1 to 6 years||Compare Loan|
|Likely Loans||Personal Loan||£1,000 to £25,000||1 to 5 years||Compare Loan|
|My Community Finance||Personal Loan||£15,00 to £25,000||1 to 5 years||Compare Loan|
|Shawbrook Bank||Personal Loan||£1,000 to £35,000||1 to 7 years||Compare Loan|
|Zopa||Personal Loan||£1000 to £25000||1 to 5 years||Compare Loan|
|Admiral Loans||Personal Loan||£1000 to £25000||1 to 5 years||Compare Loan|
|Koyo||Personal Loan||£1,000 to £5,000||1 to 3 years||Compare Loan|
|LiveLend||Personal Loan||£1000 to £12000||1 to 5 years||Compare Loan|
|118 118 Money||Personal Loan||£1000 to £5000||1 to 2 years||Compare Loan|
|RAC Loans||Personal Loan||£1000 to £35000||1 to 7 years||Compare Loan|
|RateSetter||Personal Loan||£3,000 to £25,000||1 to 5 years||Compare Loan|
|Amigo Loans||Guarantor Loan||£1,000 to £10,000||1 to 5 years||Compare Loan|
|Bamboo||Guarantor Loan||£1,000 to £8,000||1 to 5 years||Compare Loan|
|Buddy Loans||Guarantor Loan||£1,000 to £10,000||1 to 5 years||Compare Loan|
|George Banco||Guarantor Loan||£1,000 to £10,000||1 to 5 years||Compare Loan|
|Guarantor My Loan||Guarantor Loan||£1,000 to £10,000||1 to 5 years||Compare Loan|
|1+1 Loans||Guarantor Loan||£1,000 to £10,000||1 to 5 years||Compare Loan|
|TrustTwo||Guarantor Loan||£500 to £10,000||1 to 5 years||Compare Loan|
|Fluent Money||Homeowner Loan||£10,000 - £250,000||1 to 25 years||Compare Loan|
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 are looking for a loan between £1,000 and £5,000 then the award winning Bamboo Loans can help, their speedy service means that if you application is approved before 3pm the money will be in your bank on the same day.
On an assumed loan amount of £1,500 over 24 months. Rate of interest 41% per annum (fixed). Representative 49.7% APR. Total amount payable £2,222.25 of which £722.25 is interest. 23 monthly repayments of £92.59 and a final payment of £92.68 Rates from 26.9% APR to a maximum of 89.9% APR. Loan terms from 12 to 60 months.
If your credit history isn’t great and you need a guarantor on the loan then Bamboo Loans can help if your guarantor is a partner / spouse / friend / family member / someone you work with. You can borrow a higher amount with a guarantor loan, but only borrow what you need and can afford to pay back. Unlike some lenders, the guarantor doesn’t need to be a homeowner so any residential status is allowed
On an assumed loan amount of £1,500over 24 months. Rate of interest 54.19% per annum (fixed). Representative 69.9% APR. Total amount payable £2,487.46 of which £987.46 is interest. 23 monthly repayments of £103.64 and a final payment of £103.74 Rates from 26.9% APR to a maximum of 89.9% APR. Loan terms from 12 to 60 months.
They have issued over 50,000 from their 3 UK locations (Southampton, London and Caerphilly) and their 80 staff will help you every step of the way to make sure they find you a loan to match your needs and affordability.
There are no set up or administrative fees added to the loan as long as repayments are made, late repayments will see extra interest added and a £12 late payment charge for each late / missed payment.
Bamboo Loans pride themselves on the variety of customers they serve and will never judge you no matter what your circumstances, and they are members of Financial & Lending Association (FLA) which means Bamboo Loans have to meet strict standards set out in the FLA Lending Code 2019 so all of their customers are held to a high standard.
Bamboo Loans are Authorised and regulated by the Financial Conduct Authority: FRN 720565. If you currently have a loan with them and need to contact them you can do so through;
1st Floor, Grenville House Nelson Gate Southampton SO15 1GX