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Guarantor Loans – How do they work?
If you are looking for a loan, there are many factors that come into play. You need a good credit rating, with no county court judgements or black listing against you. You also need to be able to show clearly that you can both afford the loan and be able to pay it back. For many people, fulfilling all these requirements are impossible, especially if you have a bad credit score. But there are other ways to get a much needed loan that don’t involve either a bank and a loan shark. A guarantor loan is one of these. A guarantor loan is a loan where a person with bad…