More information on guarantor loans: http://www.guarantorloanscomparison.com
YouTube mirror: http://www.youtube.com/watch?v=OZ4N5v7IkbE
Soundcloud mirror: http://soundcloud.com/guarantorloans/guarantor-loans-the-benefits
Video transcript:
Welcome Back,
After looking at the basics of what it means to be a guarantor in our last video, today I'd like to discuss the benefits of guarantor loans.
For people that can't get a bank loan, guarantor loans are often the cheapest available. The alternative is usually either a payday loan (with APRs as high as 4,000%) or a credit union that often requires you to save, before you can borrow, meaning that they aren't suitable if you need a loan quickly.
Like all loans, you should always search for the best option for you, making sure that you understand the terms of the agreement before signing.
