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August 9, 2024

What is a Guarantor

What is a guarantor, and who can be one? Understanding the Basics, a rent guarantor is someone who agrees to cover your rent if you’re unable to pay. This is particularly important for those who are new to the country, lack a credit history, are self-employed, or have a low income relative to their rent. By having a guarantor, you can secure the rental property you want, even if your financial situation is less than ideal.

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