Why Did The Bank Require a Guarantor For My Loan?

loan application

Question My question is this, I applied for a loan to do some upgrades on my home. I do not own it, I am a tenant in a housing association property. The loan was for £3,000, to buy a new fridge, washer, carpets, do painting, and in general redo the house. The bank said I […]

What Are Third Party Loan Agreements?

signing a contract

Some questions I have been asked recently and also over the years are things like: I bought a laptop on finance and it has died after 3 months. Do I need to still make the payments? We had a conservatory added to our home and financed it through a lender the builder recommended. The work […]