Your Path To Vehicle Ownership
Guarantor finance is a specialised type of loan designed to support individuals who might face challenges securing a vehicle loan through conventional means. In this arrangement, a third-party individual, often a family member or close friend steps in to vouch for the borrower. If the borrower is unable to make repayments, the guarantor assumes responsibility for clearing the outstanding dues.
Guarantor finance serves as a lifeline for individuals who would otherwise struggle to obtain a vehicle loan. Here are instances where it proves particularly beneficial:
Besides increasing the likelihood of loan approval, having a guarantor can open doors to several benefits, including:
Choosing the right guarantor is crucial for a successful guarantor finance arrangement. Here's what to consider:
Being a guarantor is a significant commitment that demands trust and financial stability. A guarantors responsibilities include:
Guarantor finance offers a pathway to vehicle ownership for those who face barriers to traditional loans. It provides an opportunity to secure the car you desire while building or rebuilding your credit history.
Discover how Guarantor Fiance can bring you vehicle dreams to life.
Car Loans R Us is a Trading style of Tangerine Media Limited.
Tangerine Media Limited is registered in England and Wales under company number: 12247975. Registered office address: 4 Douro Terrace, Sunderland, Tyne & Wear, United Kingdom, SR2 7DX
Tangerine Media Limited Company (FRN - 958668) is an Appointed Representative of Future Car Credit Limited. Future Car Credit Limited is authorised and regulated by the Financial Conduct Authority (FRN 673990). We act as a credit broker not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. (Written Quotation available upon request). Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow), this will not affect the rate you are offered or the amount you will pay back. The lenders we work with could pay commission at different rates. All finance is subject to status and income. Terms and conditions apply. Applicants must be 18 years or over. We are only able to offer finance products from these providers.
Tangerine Media Limited Ltd are registered with the Information Commissioners Office under registration number: ZB127788
The Financial Ombudsman Service (FOS) is an agency for arbitrating unresolved complaints between regulated firms and their clients. Full details can be found at www.financial-ombudsman.org.uk