Don’t think you can get a guarantor? There’s a good chance you’ll change your mind!

You may be wondering who could be your guarantor. You might be thinking that there isn’t anyone and it’s not worth applying.

Well, we’ve done some analysis and thought we would reassure you. We’ve looked at loans taken out in the last 6 months and discovered that more 10% of people who took out loans initially thought that there was no one they could ask! But they did find a guarantor after all from among their family or social networks.

So, if you’re in doubt it’s still very much worth applying – get the loan offers through and compare them. Then while you’re waiting for the paperwork you can begin to consider who could act as your guarantor.

Remember 1 in 10 borrowers didn’t initially think they could find anyone, but later on they did – from their social network of family, friends and work colleagues. And you can too!

Tags: family, friend, guarantor