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Bamboo Loans

5671 reviews

49.7% Representative

Will lend between: £1,000 - £8,000

Over: 12 - 60 Months

Representative example: If you borrow £2,600.00 over 36 months at a Representative rate of 49.7% APR and an annual interest rate of 41.00% (fixed), you would pay 36 monthly installments of £126.61. The total charge for credit will be £1,957.89 and the total amount payable will be £4,557.89.

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Representative 49.7% APR.

Bamboo Loans customer reviews.

5671 reviews

4.9 out of 5 stars

Our review of Bamboo Loans

Bamboo Loans are a relatively young Southampton-based lender set up in 2014. They offer unsecured personal loans for customers who have fair to good credit and guarantor loans of up to £8,000 for those whose with bad credit. Although their interest rates are tailored to each customer’s circumstances, their Representative APR is similar to that of other guarantor lenders. If you are unsure of what a guarantor loan is then it’s worth checking out our guide to guarantor loans.

If you’re accepted by Bamboo loans you’ll be able to make the most of their online portal. This enables customers to easily manage payments and makes finding important loan documents less of a headache. Bamboo Loans also allow for both tenants and homeowners to act as your guarantor. This is a rare occurrence for this type of loan and could be a potential decision maker for those comparing lenders.  

Reviews for Bamboo Loans online are generally positive, TrustPilot has a number of reviews commending the simplicity of their application process, the speed of payout and the efficiency of their staff.

As with all guarantor lenders you should approach with a degree of caution as guarantor loans are suitable for those with a very specific set of circumstances. If you’re in any doubt to whether you can meet the monthly repayments then do not apply. Before applying be sure to read all the small print and ensure your guarantor is fully aware of their responsibilities.

If you're considering becoming a guarantor for a Bamboo loan then it pays to think carefully. There may be cheaper ways to help out such as lending the money to them yourself or taking out a loan in joint names.

My verdict: Bamboo Loans are a reputable loan provider with all the main product features you’d expect from a modern lender. Praised heavily for their simple application process and friendly customer service you are sure to have a good experience with Bamboo. However, be sure this is the right product for you as if your credit history is squeaky clean there are cheaper options available.

Andrew Freelander
Written by
Andrew Freelander
Brand & Content Manager at Choose Wisely

Andrew joined Choose Wisely 5 years ago, originally working in a design capacity to make sure the website was simple to use. Most notably he worked with the Consumer Finance Association to design the comparison table of choice for High-Cost Short Term Finance products.


  • You don’t need perfect credit history
  • Easy payment management with online portal
  • Your guarantor can be your partner
  • Your guarantor does not need to be a homeowner

Minimum criteria

  • You and your guarantor must be over 21
  • Your guarantor will need a good credit rating
  • Your guarantor must not be a customer of Bamboo
  • Your guarantor will need a UK bank account
  • Your sole income cannot be from Job Seekers Allowance


  • Maximum APR 49.7%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £12

Bamboo Loans Customer Question & Answers

Total question and answers: 2


If I have a good credit hestory and have a full time job. Do I still need to have a guarantor or not
Obidullah dustokheil , at 5:37am 11/03/17


At Bamboo we offer both unsecured personal loans and guarantor loans. You can get a free quote on our website with no impact on your credit score, and based on our quick check if you are eligible you will be given a choice of unsecured or guarantor loans. See which loan you can apply for at www.bambooloans.com. Representative 49.7% APR. Kind regards, Bamboo.
Answered in 2 days by Dear Obidullah dustokheil


I have applied for a loan and was approved for how long is the approved letter valid or should i re-apply?
Benediktus Isaaks, at 9:03am 15/02/17


Dear Benediktus Isaaks, If you have made a Bamboo loan application, please just contact our customer service team on 0330 045 0490 or email us at [email protected] with your details so we can look into this and get back to you as soon as possible. Kind regards, Bamboo.
Answered in 3 hours by Dear Benediktus Isaaks

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About Bamboo Loans

Southampton-based Bamboo Loans offer both unsecured and guarantor loans to their customers. They lend amounts between  £1,000 and £8,000 at an advertised Representative 49.7% APR. However, the actual rate offered will be determined by your personal circumstances and credit profile. A decision and quote is ready almost instantly following the online application.

If you are eligible for a loan, the online application process will also tell you which of their loans would be your best option, whether it’s the unsecured or the guarantor option. When applying for a guarantor loan with Bamboo your guarantor doesn’t need to be a homeowner, but they will need to have a regular income that could cover the loan repayments if you fail to do so. They will also need to be over the age of 21.

Bamboo do accept applicants with a less than perfect credit history – even those with a CCJ. During the application process they will delve into your financial history and current circumstances and take into account your regular income. Although you do not necessarily need to be employed, they cannot accept applications from customers whose only income is from Job Seekers Allowance.

If you’re approved for the loan and have provided all your details (and guarantor’s if you’re going down that route) before 3pm, then Bamboo Loans can rapidly process your application and you may receive your payout the same day.

Company information

Registration number: 05629336


0330 045 0490

Bamboo Limited

FCA registration

Reference No: 720565

Trading names: Bamboo Limited

Place of business: Bamboo Limited, 1st Floor, Greenville House, Nelson Gate, Southampton, SO15 1GX

Data protection registration

Registration No: Z1380902

Data controller: Bamboo Limited

Address: Bamboo Limited, 1st Floor, Greenville House, Nelson Gate, Southampton, SO15 1GX

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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk