A Guarantor Loan is a lending option that enables those with a less favourable credit profile a way to get car finance. A third party (normally a friend or family member) acts as a guarantor (a person who provides a guarantee) to the lender, who agrees to continue paying the monthly repayments should the borrower find them-self unable to do so.
So, whether you have a limited/no credit history, or a poor/bad credit profile, a Guarantor Loan is an effective way of strengthening your application that helps improve your ability to secure car finance.
For best guarantor loan rates speak to one of our friendly car finance specialists by first completing an online application.
Complete a quick online application that does not affect your credit profile. Note: at this stage it doesn't matter if you haven't yet agreed on a guarantor, as we can help you decide who would be most appropriate to approach.
Once your application has been accepted a friendly consultant will make contact with you to discuss your requirements and options. They can advise on what makes a good guarantor and how/what information is required from them to act as your guarantor.
Your consultant will be dedicated to support you throughout the process and to ensure you're kept fully informed. Furthermore they will work hard to get you the fairest agreement that suits your individual circumstances.
Once you have agreed your loan terms your dedicated consultant can also help you find the car you want and work hard to get you the best deal across our trusted national dealer network.
If you have a limited credit history or a poor credit rating, a guarantor can strengthen your application and help you secure the finance you need.
Apply online today for a no obligation quote, without affecting your credit score.
Why get a Guarantor Loan?
The process of applying for a Guarantor Loan is just like many other loans, with a few key differences...
Apply online today for your free no-obligation quote.
Your application only takes a couple of minutes and won't affect your credit score.
That's why we're rated 9.1/10 on Trustpilot