Do you know that loan settlement by borrowers can lower the Credit Score of the Guarantor?
Who is a loan Guarantor? A loan guarantor is someone who guarantees to repay the loan amount in case the primary applicant(s) is unable to do so. When someone applies for a loan that exceeds the maximum limit assigned to the applicant or when the lender is not confident of the applicant’s repayment capacity due to Read more about Do you know that loan settlement by borrowers can lower the Credit Score of the Guarantor?[…]