At George Banco we understand that previous financial and repayment difficulties can result in affordable credit being unfairly refused when it is really needed. This can lead to serious debt issues arising from high cost borrowing.
A Guarantor loan is a quick and simple option for people that have been refused loans from high street lenders and banks. All you need is a friend or family member who knows and trusts you and that can act as a Guarantor in the unforeseen circumstance that you were to miss a payment. A Guarantor loan is a financial agreement between a Lender, a Borrower and a Guarantor.
A Guarantor could be a family member, friend or even a work colleague and someone who has an acceptable credit history.
George Banco will provide you with access to your account online. You can check the status of your account and how many repayments you have left, as well as the legal documents. If you would prefer to talk to us, you can call Monday-Friday 9.00am till 5.00pm or email us at [email protected] with any questions you may have.
We take payments via a continuous payment authority (CPA) at an agreed payment date which best suits you.
At George Banco we take a responsible approach to communications with our borrowers. Should your loan fall into arrears, then contact us and we will endeavor to assist you. We will ensure we contact you via text and email. If you are unable to make a payment we will contact your guarantor to make the payment. As a very last resort, should we be unable to make appropriate arrangements for payment, we pass the debt on to a professional debt collecting company.
