Guarantor Loans

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2 selected videos

The Benefits of Guarantor Loans Explained Video

http://www.solution-loans.co.uk/guarantor-loans.asp

What are the benefits of a Guarantor Loan?

No credit scoring required

So a poor credit history is not a problem

Loans are unsecured; max value £7500

No upfront application fees

Repay early with no penalties (some lenders)

Rebuild your credit status by successfully repaying the loan

Tenants & homeowners can apply

Guarantor Loans: The Basics

Borrow up to £7500 unsecured with no credit scoring required.

You provide a guarantor for the loan...

http://www.solution-loans.co.uk/guarantor-loans.asp

What is a Loan Guarantor?

In the simplest terms a guarantor is someone who backs another person's borrowing or financial obligations.

Should the borrower fail to repay the debt the guarantor steps in. Guarantors are often used by both mortgage and utility companies.

What does the Guarantor Do?

The guarantor takes responsibility for your loan if you fail to keep up repayments. So, guarantors will only act for you if they feel they can...