Typically, lenders will only allow loan backers with a good to marginally imperfect credit score 😐
- If your credit score is not good, it is unlikely that the application will be successful.
- Some of our lenders do not need your credit file to be perfect, but the best value loans are only available to applicants whose guarantor has a fully clean credit file (see how you can improve your credit score).
Please note that your credit history goes back six years, so you cannot have any missed payment or defaults on your file during this period.
> Everything you ever wanted to know about being a loan guarantor <