Frequently Asked Questions

  1. Home
  2. FAQs
  3. Being a Guarantor
  4. Can you be a guarantor for more than one person?

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