o be eligible for a guarantor loan you must be aged between 18-75 years old and hold a driving licence. While many finance options require a good credit rating, guarantor loans are designed for individuals with either a limited credit file or less-than-perfect credit rating. This means guarantor loans are normally widely available to individuals from all credit backgrounds, including those with bad credit.
You’ll also need a minimum of 3 months' employment history and proof of income, with no payday loans or short-term loan history within the past 3 months. If self-employed, you’ll need a minimum of 2 years' trading history. To discuss your eligibility with one of our car finance specialists, call us today on 0333 6000 290.