More information on guarantor loans: br br YouTube mirror: br br Soundcloud mirror: br br Video transcript: br br Welcome Back, br br After looking at the basics of what it means to be a guarantor in our last video, today I'd like to discuss the benefits of guarantor loans. br br For people that can't get a bank loan, guarantor loans are often the cheapest available. The alternative is usually either a payday loan (with APRs as high as 4,000) or a credit union that often requires you to save, before you can borrow, meaning that they aren't suitable if you need a loan quickly. br br Like all loans, you should always search for the best option for you, making sure that you understand the terms of the agreement before signing.