People who apply for a guarantor loan will do so knowing that they
then have access to an easy source of money generally within 3 days
of applying. You can pay the loan before term if you want to without
redemption fees. The loan may be used for any purpose.
In order to apply for a guarantor loan you can be a homeowner or
you can be a tenant either privately or a council tenant. The application
process is entirely private and no-one will know anything about it
(including your employer). You can be retired or on benefits.
With a guarantor loan people may gain access to credit again even
with a poor credit history featuring things like arrears, defaults
and CCJs. This is a liberal approach to finance and will once more
let a large section of the population access to credit which would
not otherwise have been the case.