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Who Can Have a Guarantor Loan

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Who Can Have a Guarantor Loan

A
Amanda Gillam

45 Views • Jun 25, 2013

Description

Who can have a Guarantor Loan?

What are the criteria for a loan?
The general lending criteria are:
You must be aged 18 to 65 years old
You must be a UK resident (exc. Isle of Man)
Your income (inc. benefits) must be more than £100 per month
You must have a UK bank account
You cannot be bankrupt or on an IVA

What other criteria are there?
You must provide a guarantor (see other videos on this subject)
Our lenders operate responsible lending policies.
They may decide not to lend if they do not believe you can afford the repayments.