"Guarantor" Example Sentences
1. The bank required a guarantor for the loan.
2. The landlord requested a guarantor for the lease agreement.
3. John acted as a guarantor for his friend's car loan.
4. The company's financial stability was confirmed by a guarantor.
5. The guarantor was responsible for the debt if the borrower defaulted.
6. The guarantor's signature was required on the contract.
7. The guarantor's credit history was reviewed before approving the loan.
8. Without a guarantor, the borrower would not have been approved for the mortgage.
9. The guarantor had to provide proof of income and assets to qualify for the agreement.
10. The lender required a guarantor to reduce their risk level.
11. The guarantor had to co-sign the loan application for it to be approved.
12. The guarantor was held liable for any damages caused by the borrower.
13. The guarantor's role was crucial in obtaining the financing for the project.
14. The agreement stated that the guarantor was responsible for any losses incurred.
15. The guarantor's guarantee made the lender more comfortable with the loan.
16. The guarantor provided security for the loan, lowering the interest rate.
17. The bank required a guarantor to ensure the loan's repayment.
18. The guarantor helped the borrower get a loan despite their low credit score.
19. The guarantor was an essential part of the loan application process.
20. The borrower's guarantor was responsible for making timely repayments on the loan.
21. The guarantor had to consent to the borrower's credit check before approving the loan.
22. Without a guarantor, the borrower would have had to pay higher interest rates.
23. The guarantor was responsible for the full loan balance if the borrower defaulted.
24. The lender asked the borrower to find a guarantor with a good credit history.
25. The guarantor's reputation influenced the lender's decision to approve the loan.
26. The guarantor provided proof of their assets as security for the loan.
27. The guarantor could be anyone, as long as they had good credit and financial stability.
28. The bank rejected the loan application because there was no guarantor.
29. The company's financial reports were reviewed by the guarantor before the loan was approved.
30. The guarantor's role was to provide financial security for the loan, protecting the lender's interests.
Common Phases
I need a
guarantor for my rental agreement; You can only rent this apartment if you have a
guarantor; The landlord requires a
guarantor for the lease; Without a
guarantor, you cannot secure this loan; She agreed to become the
guarantor for her son's car loan; Finding a suitable
guarantor can be difficult; Being a
guarantor comes with a significant responsibility; The bank requested a
guarantor for the business loan; He asked his best friend to be his
guarantor; A
guarantor is often needed for international students to rent a property.