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Who Can Be My Guarantor

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Who Can Be My Guarantor

A
Amanda Gillam

3 Views • Jun 25, 2013

Description

Who can be my Guarantor?
Generally you need to find someone who knows you well and who trusts you to repay the loan. You could consider:
Parents
Other Family members
Friends or work colleagues, etc

Who can be my Guarantor?
For £500 to £7500 loans:
UK homeowner
Aged 23 to 75 (at end of loan period)
Good to reasonable credit history
Have a UK bank account
Have an income of at least £400 per month
Not financially linked to the borrower

Who can be my Guarantor?
For £50 to £500 loans:
UK tenant or homeowner
Aged 18 or over
Good to reasonable credit history
Have a UK bank account