What Is a Guarantor?
A guarantor is at least 25 years old, is (usually) a California resident who has a steady income and has a credit score of 680 or better. A guarantor is a person who agrees to pay back the loan if you do not such as a friend, family member, a neighbor or co-worker. This person cannot be a current guarantor or borrower on another active JFLA loan and will have to provide documentation.
Guarantors, instead of fees, give us the assurance that you will pay back your loan.