Guarantor My Loan
Information by Research TrustFinance
Guarantor My Loan was a direct lender in the United Kingdom specializing in guarantor loans. This type of personal loan required a second individual (a guarantor) with a good credit history to co-sign the agreement, promising to cover repayments if the primary borrower defaulted. The company's business model focused on providing credit to individuals who might otherwise struggle to secure loans from mainstream lenders. In recent years, the company has ceased issuing new loans and now solely focuses on managing its existing loan book, following significant regulatory changes and pressures within the UK's guarantor loan sector.
United Kingdom
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Financial