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
Not a good idea. At the time of writing, all lenders also ask the relationship between the guarantor and borrower. Read More
No. These loans are unsecured.... Read More
Typically, no. As they're required to make the loan repayments if the borrower stopped paying... Read More
When someone asks you to do this, especially if you are close, then there may be pressure to say yes? Read More
This depends on how well you know the borrower. Read More
Yes, all the following all accept partner/spouse as guarantor. Read More
The benefit to you is that you are helping a friend or family member access credit when they otherwise may be unable. Read More
You do have a right to cancel under some circumstances. Read More
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
With most lenders, once the loan account is up and running, if anything happens... Read More