Tenant Loans: Compare Our Best Guarantor loans For Non Homeowner

Compare these unsecured loans that are all available for tenants and choose one with a low APR to save money in interest.

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How it works

1

Check your eligibility

Answer a few quick questions. This will not impact your credit score.

2

Compare personalised loans

See the exact amount you’ll need to pay each month – no estimates.

3

Apply online

Complete your application on the lender website. You could get your money in hours.

See the interest rate you’re eligible for before you apply

With real interest rates you'll see exactly how much you’ll need to pay each month. And which lenders will pre-approve your application before you apply.

15 results found, sorted by lowest representative apr. How we order our comparisons.
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AA Personal Loan Ex/C Member
Loan amount
£1,000 to £25,000
Representative APR
2.8% APR (£15,001 to £25,000)
Loan term
1 year to 7 years
Personal loan with 12 months breakdown cover at no extra cost, existing AA members are entitled to an add-on at no extra cost.
Available to existing customers only.
Representative Example: Representative 8.2% APR fixed. Based on a loan of £4,000 for 36 months at 8.2% p.a. Total £4,506.12 repayable at £125.17 per month.
Eligibility
UK Resident
Minimum Age21 years
Minimum Income£12,000
Credit Rating Acceptedgood
AA Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
2.9% APR (£15,001 to £25,000)
Loan term
1 year to 7 years
Personal loan with 12 months breakdown cover at no extra cost, existing AA members are entitled to an add-on at no extra cost.
Representative Example: The representative rate is 3.0% APR (fixed) so if you borrow £17,500 over 60 months at a rate of 3.0% p.a. (fixed) you will repay £314.14 per month & £18,847.80 in total.
Eligibility
UK Resident
Minimum Age21 years
Minimum Income£12,000
Credit Rating Acceptedgood
Monevo Personal Loan
Loan amount
£1,000 to £35,000
Representative APR
10.6% APR (£15,000 to £19,999)
Loan term
1 year to 5 years
Monevo is a credit broker and not a lender.
Representative Example: The representative rate is 10.6% APR (fixed) so if you borrow £15,000 over 5 years at a rate of 10.6% p.a (fixed) you will repay £319.57 per month and £19,174.37 in total.
Eligibility
UK Resident
Maximum AgeUnlimited
Minimum Age18 years
Minimum Income£7,000
Credit Rating Acceptedpoor
Shawbrook Bank Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
14.9% APR (£1,000 to £25,000)
Loan term
1 year to 7 years
Get a personalised quote with an instant decision without affecting your credit rating. Tailored rates. All documents are e-signed.
Representative Example: The Representative rate is 14.9% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 14.9% p.a (fixed) you will repay £232.53 per month & £13,951.80 in total.
Eligibility
UK Resident
Maximum AgeUnlimited
Minimum Age21 years
Minimum Income£15,000
Credit Rating Acceptedfair

We are classed as a credit broker for consumer credit, not a lender.

Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.

Powered by Monevo to show you real rates

Your personalised bad credit loan results are powered by Monevo. They make sure you only see real interest rates. Not just estimates like some lenders show you.

What are tenant loans?

These are personal loans you can get when you are renting a property.

Tenant loans are normally unsecured so you do not need to be a homeowner or use another asset as security to borrow the money.

Read more about how to choose the right type of loan

How to get the best tenant loan

The best loan for tenants is the one that offers the lowest interest rate for the money you need, and for the term you want to pay it back over.

This comparison shows the representative APR offered by each lender, but you may have to pay a higher rate depending on the loan you want or if you have bad credit.

To qualify for a lender's representative APR, you usually have to borrow a certain amount, for example, £5,000 to £14,999 over 1 to 3 years.

You can also apply for a tenant loan if you are self employed, but you need to have at least 1 year's audited accounts to prove your income.

What rate will you get?

The rate you get is based on:

  • The loan amount you want: This can affect the interest rate you get offered, as some lenders set borrowing tiers for their loan rates.

  • The length of the loan: A longer loan can reduce your monthly payments, but you could pay more in interest over the term.

  • Your credit record: A better credit history will improve your chances of getting the best rates offered by a lender.

To increase your chances of getting accepted for a loan as a tenant, register on the electoral roll for your address.

If you have bad credit, you could compare guarantor loans instead. You can apply for them with a friend or family member acting as a guarantor.

Here is how to apply for a loan

Tenant loans FAQs

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Why compare loans with money.co.uk?

Comparing loans could help you save money. Our award-winning loan comparison service makes sure you get our best interest rates. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators so to help you make life's most important decisions and take control of your money.

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