Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Guarantor
If an individual falls outside the normal remit for their chosen form of credit, it is possible for a person to guarantee the agreement on their behalf. In essence, any individual who agrees to become a guarantor is accepting liability on behalf of the original applicant.
