Our guarantor loans are based on an old-fashioned idea of trust. We don't like to judge people on their credit score because we feel this is sometimes an unfair judgement of character. So instead we lend on the basis of trust. If you can find someone who trusts you enough to be your guarantor and you can both afford the monthly repayments, then we'll trust you too.
A suitable guarantor is someone who is aged 19-75, has a good credit history with no trouble paying 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.