If we talk about a classic example, we should be able to go to the bank, submit our paperwork, and receive approval from them almost immediately – without any other detours. However, we live in a world that is not so ideal, where not all of us have a stellar credit score, and not everyone can guarantee a
05
Oct
Oct
Being a loan guarantor for your friend or family members could be a generous move, however any default or skip can put you in a tight financial spot. Let’s take a look at the financial responsibilities of a loan guarantor. By accepting to be a guarantor for a loan, you are assuring the lender of