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Amigo guarantor loan help
Comments
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It never fails to amaze me how many guarantors don't realise that they're ultimately the ones responsible for the payments.The borrower isn't someone who could be trusted anyway.
The whole point of these silly loans is to enable people who would not stick a chance of being accepted anywhere a last chance.
The borrower very much plays second fiddle in this Orchestra, nobody is expecting the borrower to repay the loan, aside from the gullible guarantor (perhaps not in this rare case though!).
I think it entirely right and proper the money goes into the guarantors account, he/she is ultimately the one responsible for repaying the money to the lender.
Get rid of them I say, for the sake a all the gullible guarantors out there who get saddled with the repayments.
It's almost like they think they're just providing a reference for the borrower."Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."0 -
It never fails to amaze me how many guarantors don't realise that they're ultimately the ones responsible for the payments.
It's almost like they think they're just providing a reference for the borrower.
You must have heard the radio ads.
They use an emotional play. The caring mother is acting as a guarantor for her daughter to build her credit rating.
It's clever and suggests that if you don't agree to be a guarantor, then you must by definition be an uncaring person not worthy of friends or family!0 -
The most caring thing to do is not help someone to borrow money they can't afford to repay.Optimists see a glass half full
Pessimists see a glass half empty
Engineers just see a glass twice the size it needed to be
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