To be eligible for a guarantor loan you need to get a friend or relative to co-sign for your loan. This will mean they are responsible for repayments, just in case you are unable to pay the agreed upon amounts. Theguarantor should be a close friend or relative who you have a good relationship with and who trusts you to pay the loan back. This is the only way you will get access to finances that otherwise would not have been available to you due to a lower credit score.
When you do your research, you will find that there are different types of loans for people with a low credit score. However, you will also find that all these loans are often secured against an asset such as vehicle or property etc. How can you get an unsecured loan? The best way is to look into getting a guarantor loan. This type of loan is designed for those with bad/ low credit, looking for an unsecured loan. What you will need to do is request a close friend or family member to co-sign the loan with you. It might be difficult to understand the difference between a secured and unsecured loan. If you have any queries, take a look at This Article to learn more.
The main mission for every employee at Cambridge loans is to assist you in every way. We ensure you get a list of different affordable quotes from the various lenders that we work with. We do not like to waste time, and know that you have no time to spare either. So everything we do is with immediate action!
And of course, we refuse to cheat you with hidden fees and service charges that show up on your statement on a later date. We are a completely free service! With the help of some basic information we will make sure that you get the lowest quotes possible!
Since we have such incredible contacts in the industry, we are able to bring you the lowest fares. Lenders want to work with us. This is something we are very proud of because we have managed to build a solid reputation in the industry amongst lenders and borrowers. Since we bring you all the quotes on one platform, you do not need to go through several different websites. This is your one stop shop for anything related to guarantor loans. No more waste of time necessary!
The forms we have on our website are easy. We use your basic information to find the best loans for you. There is no paperwork necessary for you to get a quote from us. So what’s stopping you! Go ahead and apply!