Welcome to the company that guarantees loans to students, people on benefits and tenants, no matter what your credit profile is like.
We are the Guarantor Loan company.
Traditional lenders have always excluded borrowers who have had difficulty proving their income or have suffered from a pretty poor credit history. You know the sort of thing? Missed payments,defaults,CCJs,etc,etc. Most borrowers want to repay their loan but what they can't prove to lenders is their ability to do this. All lenders want proof that an individual is in full time work but at the Guarantor Loan company we are different.
We operate differently because we allow the use of a Guarantor. A Guarantor will effectively vouch for you by 'guaranteeing' the loan. As an example....a student with a part time job and a really poor credit history can apply to http://www.anytypeofloan.co.uk and we guarantee to accept them for a loan up to £5000.
All they have to do is give us the name of a guarantor. Perhaps a friend, brother,sister,colleague in fact anyone who has a fairly decent credit history. We will then process the application in the guarantors name and pay the loan into the students bank account. The student will repay the loan monthly and the guarantor will back up the application from a credit perspective.
It's that easy!
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