Key Differences Between a Guarantor and a Co-Signer

 When you need financial backing, a guarantor steps in to provide reassurance to lenders or landlords. By agreeing to be a guarantor, this individual pledges to cover your obligations if you're unable to do so. This arrangement can be a lifeline for those with limited credit history or insufficient income, but it also comes with responsibilities for the guarantor. It's important to understand that a guarantor is more than just a signature on a piece of paper. Your guarantor should have a stable and sufficient financial standing. To get more info visit here #leaseguarantor