With unsecured guarantor loans you may borrow money easily irrespective of your past credit history. If someone will consent to be your guarantor, like a parent, friend or relation, you will not be credit scored, so your past credit history need not matter.
It's certainly the case that many people might say the main benefit of unsecured guarantor loans is that your former financial record is made utterly beside the point. All previous missed payments, arrears and defaults have become just a thing of the past. Provided a credit worthy guarantor is nominated then you can obtain credit again, despite all the things that had gone on before.
The useful idea of unsecured guarantor loans came about as a result of fallout from the credit upheaval of recent times. Something needed to change to allow people with poor credit histories to access new lines of credit. The answer was the unsecured guarantor loan which has proved itself to be popular.