Guarantor car finance

Get a car finance quote
Get a car finance quote

Check eligibility with no impact on credit score

We know that getting car finance can be tough, especially if your credit history isn't perfect. But don't worry, we've got a solution for you – guarantor car finance. With the support of a trusted guarantor, you can increase your chances of getting the car loan you need without the stress of needing a perfect credit history. It's a practical and accessible way to drive the car you desire, even if your credit situation is less than ideal.

Car finance calculator

  • 36months
  • 42months
  • 48months
  • 60months

This helps you get a more accurate finance estimate

Not sure about being approved?

Check finance eligibility

Won't affect your credit score

Your estimated examples

These estimates are subject to credit checks, and may change if you do apply for finance.

Loan amount£7,500
Length of Loan60 months
Monthly payment£0
Interest rate9.9% APR
Optional final payment£0
Amount of interest£0
Total payment£0

What is guarantor car loan?

Car finance with a guarantor is a way to get a car loan, even if your credit score isn't great. It's all about having someone you trust (your guarantor) vouch for you. This trust helps you qualify for car finance even if your credit isn't perfect.

How does guarantor car finance work?

Getting guarantor car finance is quite straightforward. It follows a process similar to getting any other loan in the UK. Here's how it works:

  1. Application form: You fill out an application form. This form helps our specialists understand your financial situation and your needs.
  2. Agreement with guarantor: You and your chosen guarantor agree to the car finance arrangement. Your guarantor is the person who promises to cover the repayments if you can't.
  3. Processing your request: Our car finance specialist processes your request in the same way they would for any other loan application. They review your information and assess your eligibility.
  4. No upfront deposits: The good news is, you typically don't need to make any upfront deposits when applying for guarantor car finance. It's a convenient option for many people.

Using a guarantor doesn't change the rest of the car finance process. You can still choose between Hire Purchase (HP) or Personal Contract Purchase (PCP) options, making monthly payments.

The guarantor's role is to provide added security to the finance company. If you miss payments, they step in to cover the debt. Most importantly, finance providers prioritize finding solutions and assisting you to get back on track, rather than resorting to involving the guarantor or repossessing the car.

Can you get car finance with a guarantor loan?

Yes, you can! If your credit score isn't great and you're having trouble getting a car loan, a guarantor can help. Your guarantor's job is to tell the lender that you'll make your payments on time. This makes you eligible for car finance.

Apply for car finance with a guarantor

Looking for a guarantor car loan to buy a car of your dream? See if a car finance could be an option for you.

Learn more & apply

Who can be my guarantor?

When considering car finance with a guarantor in the UK, it's essential to understand the specific requirements for choosing a suitable guarantor. To ensure their reliability as a lender, your guarantor should not have a financial connection to you. However, they can be any family member, colleague, or friend who meets the following criteria:

  • Credit score and debt management: A good guarantor must possess a solid credit history and debt management skills. Lenders typically look for a decent credit rating, but the exact score required can vary based on the lender and the amount of credit being borrowed.
  • Payment history: Your guarantor should have a track record of making payments on time and in full. If they can provide evidence of managing significant repayments, such as a mortgage or previous car finance deals, it can strengthen their candidacy.
  • Age requirement: Guarantors must be at least 18 years old, although some lenders may have a minimum age of 21. Make sure to confirm this with your finance provider before finalizing the agreement.
  • UK residency: Guarantors need to be UK residents and have a UK bank account.
  • Financial independence: They must be financially independent from you. This means they should be able to make payments for any missed repayments without their financial situation being affected.

Who cannot be my guarantor for car finance?

When selecting a guarantor for your car finance, there are certain restrictions and criteria that must be met. Here's who cannot be your guarantor:

  1. Individuals residing outside the United Kingdom: Your guarantor must be a resident of the United Kingdom. Non-UK residents are not eligible to act as guarantors for your car finance.
  2. Your spouse or partner if they share significant financial interdependence with you: If your spouse or partner is not financially independent from you, they cannot be your guarantor. Financial independence is crucial to ensure that the guarantor can make repayments independently if needed.
  3. Individuals without a bank account in the United Kingdom: Guarantors must have a UK bank account to facilitate the financial transactions associated with the car finance agreement.
  4. Persons with a bad credit history: Individuals with a poor credit rating may not meet the lender's criteria to be a guarantor. Lenders typically require guarantors to have a good credit history to provide financial security.
  5. People below the age of 18, and in certain cases 21: Guarantors must meet the minimum age requirement, which is usually 18. In some cases, lenders may require guarantors to be at least 21 years old.
  6. People whose after-tax monthly income falls below £1000: Guarantors should have a minimum level of income to demonstrate their financial stability. An after-tax income lower than £1000 per month may not meet the lender's criteria.

Who is guarantor car finance for?

Guarantor car finance is for people who struggle to get car finance because of a less-than-perfect credit history. If you've had financial problems in the past and worry about how it affects your credit score, guarantor car finance can help. It gives a second chance to those who need it.

Young, first-time drivers often face the challenge of not having an established credit history. Guarantor car finance helps them get on the road by using a guarantor's good credit history to vouch for their financial responsibility.

Guarantor car finance provides an opportunity for these individuals to secure car loans that might otherwise be difficult to obtain due to their credit situations or lack of credit history. It's a practical and accessible solution for those in need of a helping hand to get behind the wheel.

What does a guarantor need to provide for car finance

  • Personal details: Your name, address, and contact number.
  • Work history: Information about your job and employment.
  • Credit score: Your financial reputation.
  • Loan and debt track record: Your history of managing loans and debts.
  • Previous guarantor loans: Any prior experiences as a guarantor.
  • Owned property or vehicles: Real estate or cars in your name.

What do I need to apply for guarantor car finance?

To apply for guarantor car finance, you'll need to share basic information about yourself and your guarantor. This includes your job history and your guarantor's job history and credit history. You'll also need to be ready to take responsibility for repaying the loan, even though your guarantor is there to support you.

Why choose Moneyrepublic?

Now that you know about guarantor car finance, you might wonder why you should pick Moneyrepublic. Here are some simple reasons:

  • ➡️We're Specialists: Moneyrepublic specializes in helping people with less-than-perfect credit histories. We understand your unique challenges and can help you through the process.
  • ➡️Great Rates: We work hard to find you the best car finance deals with competitive rates. We have a network of lenders offering various options, so you can pick what suits your budget.
  • ➡️Easy Application: Our application process is simple and quick. We know your time is valuable, and we aim to make the process hassle-free.
  • ➡️Flexible Repayment: We offer flexible repayment options to fit your financial situation. We understand that everyone's circumstances are different, and we're here to make a plan that works for you.
  • ➡️Personalized Help: Moneyrepublic doesn't believe in one-size-fits-all solutions. We take the time to understand your unique needs and work with you to find the right answer.
  • ➡️Responsible Lending: We're committed to responsible lending. We ensure your financial commitments are manageable and won't put you at risk.
  • ➡️Great Customer Service: Our team is here to help you at every step. We're just a phone call or email away, ready to answer your questions and guide you through the process.

Our Lenders

We work with over 15 lenders offering 100+ HP and PCP deals so that you could have the best offer.



  • Do guarantors get credit checked for car finance?

    Yes, when you apply for car finance with a guarantor, the guarantor's credit is checked by the lender. This check helps the lender understand how responsible the guarantor is with their finances.

    Before you both apply for car finance, it's a good idea for your guarantor to check their credit score. This ensures that their credit information is correct and up to date, making the application process smoother.

  • What are the risks of being a car finance guarantor?
    Being a car finance guarantor is a responsible role. If the primary borrower fails to make repayments, you, as the guarantor, are responsible for the payments. This can impact your credit rating if you can't cover the missed payments, and you may even be taken to court for the outstanding debt.
  • Does it affect your credit score to be a guarantor?
    Yes, being a guarantor can affect your credit score. If the primary borrower misses payments and you're required to step in, your credit history may be negatively impacted. It's crucial to understand this responsibility before agreeing to be a guarantor.
  • How is a guarantor loan different from other loans?
    A guarantor loan is different from other loans because it requires a trusted person (the guarantor) to co-sign the loan. This makes it easier for someone with a weaker credit history to qualify for a loan. It offers security to the lender and makes the borrower's application more likely to be approved.
  • What will happen if I fail to keep up with my monthly repayments?
    If you, as the guarantor, fail to keep up with monthly repayments when the primary borrower can't, you will be responsible for the debt. This can negatively impact your credit score and may result in legal actions to recover the outstanding amount.
  • Do you need a guarantor for a car loan?
    You might need a guarantor for a car loan if your credit history is not in good shape. A guarantor can boost your eligibility for a car loan by vouching for your financial responsibility.
  • How do I change my guarantor for a car loan?
    Changing your guarantor for a car loan can be complex. It typically requires the lender's approval and often necessitates refinancing the loan. Discuss this with your lender to explore the available options.
  • Can I be a guarantor with bad credit?
    It's challenging to be a guarantor with bad credit. Most lenders prefer guarantors with good credit histories to minimize the risk of repayment issues. However, some specialist lenders may consider guarantors with less-than-perfect credit.
  • What is the role of guarantor in a car loan?
    The role of a guarantor in a car loan is to vouch for the primary borrower's financial responsibility. If the borrower can't make repayments, the guarantor steps in to cover them, ensuring the lender gets their money. It provides security to the lender and increases the borrower's chances of approval.
  • Can I withdraw as a guarantor?
    Withdrawing as a guarantor can be challenging. It usually requires the lender's approval and the primary borrower demonstrating they can handle the loan on their own. You should discuss this with the lender and the borrower to explore your options.