Who can be my guarantor?
A guarantor is someone who trusts you to make your loan payments, and is also happy to make any you do not.
Many customers use a friend or family member, as they tend to know you best, but a guarantor could be anyone. Just to give you an idea, we see neighbours, work colleagues and employers guaranteeing loans, too.
Remember, your guarantor needs to:
- Be aged 18-75
- Have a UK address
- Have a strong credit score with a history of always paying their bills on time
- Be able to afford the monthly payments if you didn’t pay