buddy loans

Founded in 2013, Buddy Loans is a trading name for Advanceloans.com Ltd, a direct loan provider based in the United Kingdom. The company's primary business is offering guarantor loans, a type of personal loan where a second person (the guarantor) agrees to repay the debt if the borrower defaults. This model allows Buddy Loans to provide credit to individuals with poor or limited credit histories. Their mission is to offer a straightforward and accessible lending solution, focusing on responsible lending practices under the regulation of the Financial Conduct Authority (FCA).