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FREQUENTLY ASKED QUESTIONS

Our website is designed to give you all the information you could possibly need. However, we understand that you might still have some quick questions. Here is a database of questions we are most frequently asked.

» What Is A Guarantor Loan?

This is one where you have a trusted friend or relative co-sign on your behalf to ensure that in the event you cannot make the payment installments, they will cover the payments for you.

» How Can You Get A Quote?

Just fill in the form provided on our website with your basic information.

» What Is The Cost Of This?

Nothing at all. Absolutely free!

» How Does Cambridge Loans Work?

This is a central platform that will generate quotes received from all the different lenders and show you the different possibilities.

» Who Can Be A Guarantor?

The guarantor should:
• Be between the age of 25-70
• Have good credit history
• Not be a significant other of the borrower

» How Long Until I Receive My PIN?

The PIN will be shared with the guarantor as soon as the application has been filled and approved.

» When Will I Get The Money?

We deposit the money directly in the guarantors account after verification. The guarantor will then transfer the money over to you.

» What Happens If The Guarantor Does Not Make A Payment Even Though The Borrower Has Missed An Installment?

This is absolutely frowned upon and will result in affecting both of their credit histories.