What is a guarantor on a loan?

Answer On a loan, a guarantor is an individual who ensures that debts are paid in the event the primary debtor cannot repay his obligations. Guarantors are often required on loans to small companies and c... Read More »

Top Q&A For: What is a guarantor on a loan

How to Get a Loan Without a Guarantor?

A guarantor, also sometimes referred to as a cosigner, is a person who legally commits to assuming responsibility for loan payments in the event that a loan applicant cannot pay. For example, an ap... Read More »

What is a guarantor mortgage?

A guarantor mortgage is a mortgage that requires the participation of an additional individual who agrees to pay any mortgage payments that the mortgage holders cannot. This person is typically a f... Read More »

What is a guarantor on an insurance policy?

The term "guarantor" is often included in the standard consent forms and invoices used by health care providers to refer to the person or entity legally responsible for payment. The responsibilitie... Read More »

How to Find a Guarantor?

A guarantor is someone who is willing to officially take over your debt if you are not able to pay it. Guarantors are often required for leases, loans, credit cards, insurance and more. People who ... Read More »