Amigo Loans - Our tips on how to ask your guarantor

Hello, my name is Nathalie, my name is Alex, we understand that Alison, someone's true

guarantor

, may not be the easiest task, so we recently worked with some of our clients and wanted to share their best

tips

to help you get started that conversation with the clients we spoke to recently. We found that most of them lied to their guards, face to face or over the phone, doing it this way allows you to have an open discussion and answer any questions they may have at the time, more than a third of

guarantor

s said. We wanted to help a friend or family member achieve a goal or solve a problem.

We always recommend 10 to

your

guarantor why you need the name. They may even feel proud that you asked them and that they can help you. It's you. Importantly, a whopping 94% of our borrowers said they explained to their guarantor how they can repay the loan. It's important that

your

guarantor is confident in your ability to make the monthly payments, so our top tip is to take some time to prepare. information and if you feel comfortable sitting down with them and reviewing their budget, this can help give them the confidence they need. Explain to them what it means to be a guarantor.

You will lose your support and it is your responsibility to step in and make any monthly payments if you do not, if for any reason we do not receive a payment from you, we will always try to work with you to see what we can do to update the account if we cannot reach you. an agreement is when we will ask the guarantor to step in and lastly try not everything here being a guarantor is a big commitment to make the decision if the first person you ask doesn't say yes you can sell theirs. A few tests until you find it perfectly.