05
May 2020Can I find a guarantor for a loan online?
Not a good idea. At the time of writing, all lenders also ask the relationship between the guarantor and borrower. Read More
Secure UK website est. 2015
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05
May 2020Is the loan secured against a guarantor’s home?
No. These loans are unsecured.... Read More
05
May 2020Can you be a guarantor for more than one person?
Typically, no. As they're required to make the loan repayments if the borrower stopped paying... Read More
05
May 2020Been asked to be a guarantor but unsure?
When someone asks you to do this, especially if you are close, then there may be pressure to say yes? Read More
05
May 2020How do I know if the borrower will repay the loan?
This depends on how well you know the borrower. Read More
05
May 2020Can my family member, partner or spouse be my guarantor?
Yes, all the following all accept partner/spouse as guarantor. Read More
05
May 2020Is there any benefit to me being a loan backer?
The benefit to you is that you are helping a friend or family member access credit when they otherwise may be unable. Read More
05
May 2020Can I change my mind about being a guarantor?
You do have a right to cancel under some circumstances. Read More
05
May 2020What happens if a guarantor refuses to make the loan repayments?
If you refuse to pay, the consequences can be the same as if you defaulted on a loan you’ve taken out yourself. Read More
05
May 2020What if the guarantor loans borrower stops making the repayments?
With most lenders, once the loan account is up and running, if anything happens... Read More
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