Frequently Asked Questions

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  4. Will my guarantor be sent copies of any paperwork?

Will my guarantor be sent copies of any paperwork?

YES 👍

To meet their responsible lending responsibilities, all lenders will ensure your guarantor knows exactly what is going on with the loan by sending copies of all paperwork to your guarantor, including

  • The loan agreement.
  • Monthly statements after the loan has been paid out so that they know how you are getting on with the repayments.
  • If the loan were to fall into arrears, they may also send letters to make sure the guarantor is aware.

 


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