Frequently Asked Questions
Common Questions
What is a guarantor loan?
A loan that required the backing of a guarantor. This makes affordable loans available to people with a poor credit score. Read More
How quickly will I get the loan?
With most of our lenders, it is possible to get loan funds paid out within twenty-four hours of submitting a completed application. Read More
Will my application definitely be accepted?
No, but every application is considered individually. Read more on guaranteed loans, and what they really are. Read More
Who can be a guarantor for a loan?
You need to be between 18 and 75 and a UK resident. For all criteria click here.
What do you need to be a guarantor?
A regular income so the loan is affordable, plus a clean credit history. Read More
How to find a guarantor for a loan?
Persuading someone to be your guarantor is more than just asking! We look at the 4 simple steps you need to take to successfully find a suitable guarantor. Read More
How to get out of being a loan guarantor?
Typically, getting out of being a guarantor is not easy! So, you need to think very carefully before agreeing to be a guarantor in the first place. However, there are limited circumstances where they may agree to remove you from your responsibilities. Read More
What Is The Guarantor Loan Eligibility Criteria?
It is useful to know the typical criteria that are required by all lenders. If you do not meet some of these, it will become clear that you will not qualify, thereby saving yourself a great deal of time. Read More
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Will the Corona Virus affect getting a loan?
Coronavirus is reducing people's chances of getting a loan. Many lenders have staff unable to work, so they are unable to do the underwriting required to process new loan applications. Read More.