Frequently Asked Questions
Guarantor Loans
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 to have a debit card?
YES. The guarantor’s debit card is typically used as... 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
What if I have problems making my guarantor loan repayments?
The first thing to do is contact your lender, then they can chat through what happened next. Read More
How long before the guarantor is contacted about a missed payment?
Most lenders will act fast, if your payment is not received on your payment date, they will often notify both you and your guarantor as soon as they become aware. Read More
What options are there if I’ve been declined for a guarantor loan?
If you've been declined for a guarantor loan, don't worry, you're not necessarily out of options. Read More
What are payday guarantor loans?
No. Payday loans are small loans from £100 to £1,000 for a few weeks up to your next payday. Read More.
Are there no credit check guarantor loans?
To get quotes, there are no full credit checks. In fact, getting a quote does not affect your credit score in any way. Read More.
