And finally it is worth remembering that taking out a guarantor loan will mean that
the borrower will be taking on certain responsibilities and regardless of whether they are responsible for the repayment or non-repayment of the debt; they have to understand the implications. However there is a plus side to this as it also means that if the loan is repaid on time every time, then the borrower's credit profile will also improve as an indirect result of the loan being conducted properly throughout the term.