Loan Amounts Available
Our lenders tend to offer guarantor loans in the region of £500 to £5000 for a first time applicant (this was increased from £3000 in July 2011). Historically there was a “top up” option to take a loan from £3000 to £5000 after a number of months of repayments, but this is no longer necessary.
Loans can be taken for any period between 1 year and 5 years, although typically you would be allowed to repay your loan early with no penalty charges – this means you could reduce your overall loan costs.
You can see a table of approximate repayments elsewhere in this blog.
April 20, 2011 at 11:17 pm |
i can not find a guarantor can you help me please
June 29, 2011 at 6:52 pm |
We can only suggest that you look as widely as you can amongst your social network to identify potential guarantors – you may be surprised by who you find. Here are some more ideas about who can act as a guarantor.