The guarantor vouches for the borrower – guarantees the bank that the loan will be repaid on time. The guarantor does not have to keep track of the borrower’s payment schedule. If the borrower is late with the payment for a couple of days, the guarantor is not threatened with anything. But if the delay is severe, the bank will demand from the…[Read more]

The guarantor vouches for the borrower – guarantees the bank that the loan will be repaid on time. At my first consultation with Mortgage Advice Doncaster, I remember that the guarantor does not have to keep track of the borrower’s payment schedule. If the borrower is late with the payment for a couple of days, the guarantor is not threatened with…[Read more]

The guarantor vouches for the borrower – guarantees the bank that the loan will be repaid on time. At my first consultation with Mortgage Advice Doncaster, I remember that the guarantor does not have to keep track of the borrower’s payment schedule. If the borrower is late with the payment for a couple of days, the guarantor is not threatened with…[Read more]