In order to apply for guarantor for loans you can be a council or private tenant, or you can be a homeowner, it doesn't matter. The application procedure is entirely in confidence and nobody will need to know about this. You may also be a state pensioner or on benefits, etc.
Those who apply for guarantor for loans do so knowing that they then have access to an easy source of money on average within three days of filling in the application form. You can repay the loan early if you want without redemption penalties. The loan may be used for most purposes.
The idea of guarantor for loans came about as a result of fallout from the credit crunch we've known about for some time. Lending practices had to change to allow people with poor credit histories to raise finance. The remedy was the unsecured guarantor loan and it has shown itself to be popular.