What Is A Guarantor Loan? What You Need To Know скачать в хорошем качестве

What Is A Guarantor Loan? What You Need To Know

money.co.uk financial expert Hannah Maundrell explains what a guarantor loan is, and how to approach getting one. If you need to borrow money but are worried about getting accepted, it can be difficult to know where to turn. What is a guarantor loan? A guarantor loan is a type of unsecured loan. Just like a standard loan type, you're responsible for repayments, but another person, usually a friend or family member, acts as a guarantor ensuring payments are still made if you fail to make them. Often it's up to you to choose how long you repay (one to five years) Borrow from £1000 to £10000 Interest is charged on your borrowing Repayments are split across the full term of the loan evenly, paying the same amount every month Is a guarantor loan - is it right for you? If you are borrowing money for the first time or have a bad credit history, a guarantor loan could help you borrow what you need. ______________________________________ SOCIAL MEDIA & CONTACT LINKS* Facebook -   / www.money.co.uk   Twitter -   / moneycouk   Website - https://www.money.co.uk