Frequently Asked Questions
Guarantor Criteria
What’s the typical guarantor criteria?
This does vary from lender to lender, but typically this.. Read More
Can a guarantor live at the same address as the borrower?
YES. You can live with your guarantor so long as you do not have shared finances. Read More
Can a guarantor be retired?
YES. Guarantors can be retired as long as they... Read More
Are there age restrictions?
Typically, you and your guarantor will need to be between 18 – 75 years. This is at the time of the application, some slightly younger, and some slightly older. Read More
Does a guarantor need to be employed?
NO. Guarantors do not need to be in full-time employment, so long as they... Read More
Do guarantors need to have a debit card?
YES. The guarantor’s debit card is typically used as... Read More
Do guarantors need to complete a budget?
YES. Lenders need to ensure that guarantors can comfortably afford the loan repayments if the borrower is unable. Read More
Do guarantors need access to the internet?
NO. Whilst most lenders' application process is online if your guarantor does not have internet access. Read More
Does a guarantor need to speak English?
YES. It's a requirement in the UK that all those entering into a loan agreement clearly understand. Read More
Can a guarantor be from outside the UK?
NO. Our lenders only accept guarantors that live permanently in the UK (England, Scotland, Wales, or Northern Ireland). Read More
Can someone who is self-employed be a guarantor on a loan?
YES. Guarantors can be self-employed as long as they.. Read More
Will the lender need to speak to me or my guarantor?
Probably. Again, this is nothing to worry about. Read More
