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Can a Guarantor get a loan for themselves?

Whilst somebody is a Guarantor, they can’t borrow another loan from us. You may only be on one loan at any one time, either as a Borrower or a Guarantor.

This does not mean that your Guarantor is not able to apply for a loan elsewhere. Please bear in mind that your Guarantor must pay back your loan if you don't, so they should only take out a loan elsewhere if they are able to afford the monthly payments on your Thryft loan, should they need to, and still have enough money to live their normal life.


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