A Guarantor loan can be an unsecured loan that is personal the total amount borrowed is вЂguaranteedвЂ™ by another person вЂ“ the Guarantor.
The Guarantor guarantees the mortgage by acting as back-up into the Borrower, by agreeing they will step up to settle the mortgage in the event that Borrower will not spend. UK Credit provides Guarantor loans where both the Guarantor together with Borrower are property owners. This permits us to provide loans between ВЈ5,000 and ВЈ20,000 with rates of interest between 19.9per cent вЂ“ 29.9% APR (fixed).
Guarantor loans are a choice for folks who are able the repayments and feel it’s the option that is best offered to them centered on individual circumstances, regardless of if they will have reduced fico scores.
Created in 2009, British Credit the most recognised Guarantor loan providers in britain.
We Are Responsible
Our Guarantor loans are examined on affordability. We are going to just accept that loan even as we have actually examined that the repayments are affordable alongside other commitments that are financial. Our specialist team are readily available to respond to any concerns.
British Credit is just a direct loan provider for Guarantor loans. WeвЂ™re not an agent and we’ll never ever ask for just about any upfront charges. Upon application, our expert team will conduct the mandatory monetary and checks that are background and get in touch to find out more or to verify the main points provided.
We Are Recognised
We now have lent over ВЈ50 million to a lot more than 24,000 clients. (more…)