0
Yes, if he has sufficient credit and wants to assume that kind of potential financial liability.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can a 18 year old get car finance?
yes with a guarantor
What is the spelling of guaranter?
guaranter
Can you cosign for a car while in chapter 13 bankruptcy?
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
Does a guarantor have to sign a lease for his responsibility as the guarantor?
Yes
Is it leagal to sell car finance to a 19 year old in England?
is it legal to sell car finance to a 19 year old with out a guarantor in England
What are the duties of a guarantor?
When a person does not have good enough credit to secure a loan or financing on their own, they need a guarantor. A guarantor is a co-signer, and that means if the person taking out the loan does not make the payments, then the guarantor has to make the payments.
Can you cancel an agreement being a guarantor?
No, you can not stop being a guarantor to an agreement while the terms of that agreement are in force. Thus if you are a guarantor for rent and the person your are guaranteeing fails to pay the rent - YOU must pay the rent.If you a guarantor to a loan and the person with the loan defaults, YOU must pay off the loan.This is what it means to be a guarantor - you can not get out of the agreement when things begin to go wrong.Think VERY carefully before being a guarantor to ANYTHING.
In corporate law is trustee for debenture holder also known as a guarantor?
No, trustee is different from a guarantor.
How do you use the word guarantor in a sentence?
His father acted as guarantor when he got the loan from the bank to buy the house.
How long do i have to be a guarantor?
The length of time you are required to be a guarantor typically depends on the terms of the agreement you are guaranteeing. It is important to carefully review the contract or agreement to understand your responsibilities as a guarantor, including the duration of your commitment.
Who is the responsible person for a medical bill?
The guarantor is the person responsible for a medical bill. For a child, the guarantor is usually a parent.
What is grantor?
what is the responsibility of a grantor, putting up security example car if the person that has taken out the loan has not paid the loan off in full what is the responsibility of a guarantor
