Frequently Asked Questions

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  4. Why do you contact my guarantor directly when I’ve spoken to them?

Why do you contact my guarantor directly when I’ve spoken to them?

Your lender needs to contact the guarantor directly 📲

⇒ To make sure they understand and are happy with their loan responsibilities

  • They will also want to make sure the guarantor can afford the monthly payments if they ever have to make the payments for you
  • As well as having enough money to live their normal life – this is responsible lending from the lender.
  • They do not want to cause your guarantor any issues in the future.
  • By contacting your guarantor directly before the loan is paid out, they can be confident this isn’t likely to happen.

 


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