Being a Guarantor

Guarantor loans are designed for customers who have someone that they trust, and trust’s them to guarantee their loan repayments. The Guarantor will know that the person taking the loan can afford it and will take seriously their responsibility to make the monthly repayments.

As a guarantor you’ll be responsible for making the monthly repayments if the borrower doesn’t make them. We would always encourage you to strongly consider if becoming a guarantor is right for you, and that you trust the person whose loan you’ll be guaranteeing.

To be a Juo Loans guarantor you need to:

  • Be over 25.
  • Have a regular income
  • Be able to make the repayments if the borrower can’t
  • Live in the UK
  • Be a homeowner or have good credit

Control. Funds are sent to the guarantors bank account

Certainty. All loans confirmed over the phone

Transparency. Guarantor told of each successful or late repayment straight away

Support. Friendly UK call centre

To become a Guarantor

  • Follow the link you will have received from the applicant

  • Complete the application - there’s no impact on your credit file

  • We’ll call you, and the borrower, to confirm the loan

  • The money will be transferred into your account

There’s no impact on your credit file to see if you can guarantee the loan

There’s no impact on your credit file for you to check if you can guarantee a Juo Loans loan. If approved, the loan will be transferred to your bank account for you to transfer to the applicant; we believe that this helps reinforce the applicant & guarantor relationship.

If everything goes okay and the loan is repaid then there’s no impact on your credit file. If the borrower misses a payment, and either you or they promptly bring the repayments up to date, then there’s still no impact. If the loan is not repaid by the borrower, and you as the guarantor do not step in and repay, this is the point at which there may be an impact on your credit file.

We keep both you and the borrower up to date

Both you and the applicant will be kept up to date with the status of the loan including any late repayments. As the guarantor you will be told about successful and late repayments as soon as they happen. We do this so there are no surprises and in the event that the borrower misses a payment you can have a conversation with them.

You’ll help the borrower to access a cheaper loan

Because we know there’s someone close to the applicant who also knows they can afford the loan and will responsibly make the repayments, we’re able to offer a lower APR of 49.9% on our guarantor loan, rather than our personal loan APR of 99.9%

We check that our loans are affordable

At Juo Loans, we’re committed to making sure our loans are affordable for customers and we’ll never lend more than the borrower can afford to pay back. We’re a direct lender, not a broker, and there are no additional fees or charges to pay.

As a responsible lender, we ensure our loans are taken for responsible reasons. Our customers may have had historic credit issues but they’re on their way up. Our loans aren’t taken for frivolous reasons or simply to maintain a lifestyle.


By becoming a guarantor you’ll help the borrower benefit from a lower APR, which will make their loan cheaper. You may want to help the borrower if they’ve had poor credit in the past but you know they’re now back on track with their finances.
We’ll keep you up to date with the status of the loan, when payments are made or if they are late. This is so there are no surprises, and you and the borrower can work together to keep things on track.
We’ll tell you straight away if the borrower misses a payment, so you can talk to them first. If they can’t make the repayments, you will be asked to make them. We will give you at least 5 days notice before trying to take a payment that the borrower has missed.
You will be responsible for paying the outstanding balance. If the borrower misses a payment you will be told straight away so you can have a conversation with them. If the borrower defaults on the loan we will talk to you about the cost of the loan and arrange a suitable payment plan.
See all our FAQ’s

Who are Juo Loans?

We are Juo Loans, a medium to long term loan Company who offer loans ranging from £1000 to £3000 over 1 to 3 years. We offer the option to take a personal loan, with or without a guarantor.

Juo Loans are part of the CURO Group offering financial products across the UK, US and Canada since 2004.