Am I able to alter my guarantor?
If for example the loan hasn’t been paid yet, you are able to improve your guarantor whenever you want.
Imagine if my guarantor can’t pay?
If you don’t before we pay out your loan, we’ll complete a budget plan with your guarantor to make sure they can afford the payments, and to make sure they understand they could be responsible for making payments. If any such thing modifications as well as your guarantor is not in a position to pay for re payments should they have to, we’ll need certainly to talk about what’s took place and make use of them to comprehend their situation. We comprehend things happen and would like to assist.
If neither you or the guarantor could make re payments, we’ll discuss the prospective next actions with the two of you.