While virtually anyone can be a guarantor for a guarantor loan, it is usually best to ask someone that knows you very well. This is because being a guarantor is a very big responsibility, and it is a task that many people would probably shy away from or decide wasn’t right for them. If you are looking to apply for a guarantor loan, you should think about the people that know you well and who would be willing to support and provide you with some help in moving forward with your finances.
It can often be difficult to raise the question with people you know, and it may be best to have a quiet word with your intended guarantor at a social gathering. You can raise the subject initially and see what they think about the idea. You don’t need to rush into asking them there and then, and if they respond badly to the initial idea it may be best to think of someone else, but the sooner you broach the suggestion, the more likely it will be that you can push on with plans in the future.
If you are at an Easter party or social gathering with friends this week, it may be that you will have a number of friends around you. It may be something that you decide to ask in general or ask a few people and see what sort of response you get. Finding a guarantor for a loan isn’t the easiest task in the world but equally, it isn’t going to be the hardest thing in the world either. If you only ask your friends, you’ll find that they are likely to show some compassion and understanding for what you are going through.
Many of us are struggling financially
Many of us are going through tough financial times at the moment, so it may not be possible for all of your friends to agree to the request. In fact, you may find some friends actually had the idea of contacting you for support. If this is the case, don’t panic, and you can even take some from comfort from the fact that your friends are thinking along similar lines to you.
Putting your finances in order is important and this time of year is a great time to do so, if you are looking to put your finances in order, get in touch with your friends and see if there is a solution that can push everybody forward.