TikiBar Guarantor Loans – Guarantor Loans for bad credit UK
Are you worried about your bad credit score? If your answer is yes, then you need to be a bit sceptical about the future possibilities of getting new loans or credit. People with bad credit score fail to get a loan from banks or other financial institutions. However, now, this problem has been solved to a great extent by offering guarantor loans for people having bad credit score. This is a new financial policy introduced in the UK that gives lots of benefits to people. Tikibar guarantor loans help you realise your future dreams and goals.
What are guarantor loans for bad credit UK?
If you have a low credit score, then getting a loan can prove to be a bit difficult for you. This is where a guarantor loan for bad credit works and helps you get a substantial amount of loan without bearing much hassle. A guarantor loan is a kind of unsecured loan where you need a guarantor to approve the loan. A guarantor is a person who is willing to repay your loans when you are unable to.
These days, guarantor loans are become largely popular. This is because it has offered an alternative form to people with bad credit score to borrow money from banks and other financial institutions.
Tikibar guarantor loan is a specialised guarantor loan company that offers best interest rates to people. We have a specialised team in the Department of guarantor loans and thereby, offer a number of opportunities to people. If you choose our company for guarantor loans, you can be rest assured to get the best loan opportunities.
How do these guarantor loans work?
When you apply for a guarantor loan, you will be asked to provide detailed information about your guarantor who will be liable to pay off your loan when you are unable to. This helps to reduce the risks for the lenders and therefore, they can offer you better rates of interests than you can get anywhere else.
Who can be your guarantor?
You can choose your guarantor from your close friend’s circle or family members who trust you and are willing to repay your loans when you are unable to pay off. However, it is not necessary that you have to choose a guarantor from your friends and family members. A guarantor can be anyone but they should not be linked to you financially. This is the main criteria for this loan and you have to fulfil this requirement to get the loan.
Our guarantor loan policy has set some criteria to abide by. A guarantor should be above 21+ years of age and he or she should have a good credit score. They need to be a UK homeowner too and should provide address proof, identification proofs, and other important bank statements.
Why should you choose us for guarantor loans?
Tikibar guarantor loans have been designed to meet the financial needs of individuals. We provide guarantor loans to those with bad credit score. We offer a number of advantages to borrowers that make us different from others. Let’s have a look at them –
- Quick approval
- No set-up fees
- Best interest rates
- Easy to repay
Our company believes in fair and responsible lending and that’s why we don’t have any hidden charges which make it easy for you to repay the loan early.