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Should I be a Guarantor?

Before you agree to be a Guarantor you need to be sure that it is the best option for you as this is a serious commitment.

To confirm if you are sure about your commitment as a Guarantor you should ask yourself these questions:

  • Do you trust the Borrower to make repayments on time?
  • Can the Borrower afford the monthly repayments?
  • Can you afford to make the monthly repayments on the Borrowers behalf should something go wrong?

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