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FAQs for Guarantors

Why do you need my bank and I.D details?

We ask for your details in order to verify that it is ‘you’, we are speaking to. This information, speeds up the process of completing the application for the loan. By providing us with your bank details, we are able to transfer the funds for  a faster payout for the borrower seeking a guarantor loan.

Loans are subject to status and affordability. Consolidating debts may increase the term and the total amount payable.

Before entering into any credit agreement please make sure you can afford the monthly repayments, we recommend that you seek independent advice if you are unsure of any of the terms of our agreement. There may be other taxes or costs, not paid through us or charged by us, that you have to pay in connection with the agreement.

Late repayments can cause you serious money problems. For help go to www.moneyadviceservice.org.uk

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