Zuto is a credit broker, not a lender. Our rates start from 9.9% APR. The rate you are offered will depend on your individual circumstances. Representative Example: Borrowing £7,000 over 48 months with a representative APR of 19.3%, the amount payable would be £205 a month, with a total cost of credit of £2,831 and a total amount payable of £9,831.
Guarantors are often used to help people with bad credit to get car finance – but they’re not always necessary. A guarantor is only required when you’re unable to get a loan yourself.
Yes, you can. We often help customers with poor or bad credit and, most of the time, they don't need a guarantor. You might also be in a situation where you can’t find or don’t want someone to act as your guarantor.
Whatever your circumstance, we’ll help you figure out which car finance arrangement looks to be the most suitable for your situation.
You can apply for a quote now – without any impact on your credit score – to see what’s possible.
Guarantor loans, also referred to as joint applications, are finance agreements in which a second party guarantees the payments will be made. They’re only required when you’re unable to get a loan on your own.
Guarantors tend to be family members, like parents.
These loans are generally taken out by people with either no credit history or lack of sufficient income.
If you need car finance with a guarantor, you won’t be able to apply online, but you can contact our team who’ll be able to help.
There are two simple options:
You need to feel confident you can keep up your repayments over the full length of the term. If your income or situation are not stable, then you may need to wait. It’s worth considering:
If you’re unsure, we’ll always get in touch before we run any checks that would impact your credit score and can advise you of any options which may be available.