Tip - Is a guarantor loan right for you?

If you don't have much of a credit history or you have bad credit, getting a loan can be difficult. You'll either struggle to get a loan in the first place, or you'll end up paying such a high rate of interest, you could easily land yourself with serious debt issues. Quite recently a new type of loan has been introduced in the UK. A guarantor loan allows you to take out a loan, where a second person acts a guarantor.