When you find a situation that you need money, you may need to apply for the loan. When your saving fund is not enough, you need to find the lender that will give you a loan. Unfortunately, finding a loan is kind of tricky. When you cannot get a loan easily, you should try the Guarantor loans. It is because this type of loan has the highest approval rate in the country.
The general requirement for the guarantor loans
When you are applying for the guarantor loan, you should be over 18 years old to be eligible applicants. Besides that, the guarantor loan lenders are only available in the United Kingdom and it means that you should live and work in the country. Staying in the UK only may not be enough for the application because you must have income. It can be proved by giving working email address which is part of the application. Then, you need to have a working debit account. The last, you have to get one guarantor. The guarantor can be your friend or your family. It is also able to fill with a work colleague. You do not need a credit score for this loan.