What criteria obligations will I need to meet to be eligible?

The eligibility criteria will be tailored to each of the lender’s terms and conditions. Nevertheless, in order to be considered for a guarantor loan, there are several key requirements that are generally applicable; first, you must be a UK resident aged 18 and above, have a regular monthly income, and hold a UK bank account. Secondly, you must find a guarantor who would vouch for your ability to re-pay the loan.