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POPSGuarantor Loans Now for some good news, for a change. Guarantor loans are a great way to repair your credit rating. Because they involve somebody with an existing credit profile which is average to good, and because they are associated with the name of the applicant rather than the person guaranteeing the agreement, the enhanced creditworthiness will rub off on the person who takes out the loan, and this is especially useful if one's rating has tumbled as a result of recent and current fallout from the worsened economy. It is particularly useful in cases where people have lost their jobs through no fault of their own and who have become blacklisted as a result of no longer being able to pay their bills.
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