The Equalizer

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Friday, September 11, 2009

Guarantor Loans

If you want to actually repair your credit rating I recommend you take out a guarantor loan for the sake of credit repair if nothing else.

A guarantor loan is underwritten by someone else, usualyy a friend or close relative, and it is on that person's credit rating that the loan is based. That measn that you are subject to no credit checks yourself, which is grteat if you have a bad credit score or have no credit score because you have just started work or college, etc.

It's generally the case also that guarantor loans are unsecured, which means that, in the unlikely event of a default, noby is going to lose their home. So get yourself a guarantor loan today.


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