Every LendingMate loan needs to have a guarantor. A suitable guarantor is someone who is aged 19-75, hasn't had trouble paying their bills in the past, and who can afford to make the monthly payments if you don't.
Although they do not have to be a homeowner, it may increase the possibility of us accepting them as your guarantor if they do own their own home.
If you’re having trouble finding a guarantor who trusts you, then stop and have a think about whether borrowing money is the best option for you.