I need a guarantor

Peelerfart

jh2 wrote: »

It was just an idea... I'm not saying i'm going to do it nor have i suggested doing it. :beer:

Phew,

Glad to hear it - good luck

PF

laurel7172

And if you don't pay..what's the interest rate on this loan??? They're going to be out of pocket more than £500 by the time the loan company comes looking, aren't they? You'd be better off asking them for a loan...

triticale

What do you need the £500 loan for?

~Brock~

jh2 wrote: »

It was just an idea... I'm not saying i'm going to do it nor have i suggested doing it. :beer:

Keep posting........its the only way we can be sure that you haven't pawned your laptop :rotfl:

ILW

triticale wrote: »

What do you need the £500 loan for?

Probably to buy a bike and a laptop.

jh2

Lol it was just a silly idea guys. But on a serious note does anyone have any ideas on how to get a guarantor at all?

Thanks

triticale

On a serious note you should avoid loans requiring a guarantor.

jh2

triticale wrote: »

On a serious note you should avoid loans requiring a guarantor.

Ok thanks!:o

Tixy

jh2 wrote: »

But on a serious note does anyone have any ideas on how to get a guarantor at all?

Thanks

If you don't know anyone willing and able to be a guarantor for you then you won't get one. People don't go around offering to be guarantors for strangers. Most people wouldn't agree to be a guarantor for someone they know and trusted -certainly people are advised against being a guarantor on here.

And even if someone was able to be a guarantor they would be better off getting a loan in their own name and you paying them back as the interest would almost certainly be far less and they would have more legal recourse to take you to court if you didn't keep up with repayments (assuming they'd ensured you to signed a simple loan agreement to them).

Either sell your possessions to raise the cash or manage without the money.

jh2

Tixy wrote: »

If you don't know anyone willing and able to be a guarantor for you then you won't get one. People don't go around offering to be guarantors for strangers. Most people wouldn't agree to be a guarantor for someone they know and trusted -certainly people are advised against being a guarantor on here.

And even if someone was able to be a guarantor they would be better off getting a loan in their own name and you paying them back as the interest would almost certainly be far less and they would have more legal recourse to take you to court if you didn't keep up with repayments (assuming they'd ensured you to signed a simple loan agreement to them).

Either sell your possessions to raise the cash or manage without the money.

Thanks for your input really appreciate it!