And so the very first thing you should do is compute yourself how much you really are able per month after you have paid out for everything such as rent, utilities, shopping and remember to leave some money to enjoy yourself (everyone needs to and a strategy with no funds for enjoyment is doomed to fail). Then once you've done that, visit a guarantor loan lenders web site to see how much you can borrow to get a given monthly repayment. Then have all this information at hand when you talk to your potential guarantor.
So after you have thought about all the questions your guarantor might ask you, the next thing will be to make yourself aware of the requirements for be a guarantor, in order to answer these questions too. The primary thing your guarantor wants a clean credit file. Another matter that they have to be aware of is that as you should, if the repayments are not made by you, they'll be responsible form monthly repayments.
So after you have thought about all the questions your guarantor might ask you, the next thing will be to make yourself aware of the requirements for be a guarantor, in order to answer these questions too. The primary thing your guarantor wants a clean credit file. Another matter that they have to be aware of is that as you should, if the repayments are not made by you, they'll be responsible form monthly repayments.