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  3. How do I stop being a guarantor?

How do I stop being a guarantor?

You can change your mind about being a guarantor any time before the money is paid out by calling us on 01202 629 200 (Mon-Thurs: 9am-7pm, Fri: 9am-6pm, Sat: 9am-1pm).

If you change your mind before you pay any money to the borrower, you can pay us the full loan amount back, plus any interest accrued, to close the account. Once you have given the money to the borrower, if you wanted to stop being guarantor, you would have to repay the loan in full with any accrued interest, or wait until the loan is settled by the borrower.