Can you be a guarantor for more than one person?
Typically, no 👎
As they’re required to make the loan repayments if the borrower stopped paying, if they were on more than one loan, this potentially gives them a high liability paying out for more than one loan at a time.
If they have a high income and good levels of affordability, all applications are taken on a case by case basis, we never say never, but it’s unlikely.
For everything, you could ever need to know about
Being a guarantor on a loan for someone
See our dedicated page