February 6, 2020

Does Being a Guarantor Affect My Credit Rating?

Your credit rating will not be affected by being a guarantor for a loan. When you apply to become a guarantor, the lenders will carry out […]
February 6, 2020

Can You Stop Being a Guarantor?

No, if you have signed an agreement to be a guarantor on a loan, you cannot stop being this until the loan term has ended. Although […]
February 6, 2020

What Happens If Your Guarantor Does Not Repay?

If your guarantor does not pick up repayments for the loan when the main borrower defaults, this could have serious consequences, as they are breaking the […]
February 6, 2020

Who Could Be My Guarantor?

Your guarantor can be any number of people in your life, however, to improve your chances of approval, it’s important to pick someone that lenders will […]