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.