{"id":2558,"date":"2023-07-31T10:50:00","date_gmt":"2023-07-31T10:50:00","guid":{"rendered":"https:\/\/www.motty.no\/uncategorized\/lan-with-shareholder\/"},"modified":"2024-09-03T10:20:15","modified_gmt":"2024-09-03T10:20:15","slug":"lan-with-shareholder","status":"publish","type":"post","link":"https:\/\/www.motty.no\/en\/artikler\/loans\/lan-with-shareholder","title":{"rendered":"Loan with guarantor"},"content":{"rendered":"\n<p><strong>If you are going to take out a loan, the chances of the loan being approved will increase if you have a guarantor.\nBut how does that work?\nAnd how do you apply for a loan with a guarantor?  <\/strong><\/p>\n\n<h3 class=\"wp-block-heading\">Apply for a loan with a guarantor as co-borrower<\/h3>\n\n<p>When you apply for a loan with a guarantor, you will often be able to borrow a larger sum than you would alone.\nThis is because the lender gets extra security, as they now have two people responsible for the repayment of the loan. <strong><br\/><br\/><\/strong>A <a href=\"https:\/\/www.motty.no\/ressurser\/bankordlisten\/kausjonist\">guarantor<\/a> is a person who is jointly responsible for ensuring that the loan is paid.\nThis person therefore agrees to guarantee the repayment of the loan on behalf of the borrower. <strong><\/strong><\/p>\n\n<p>The guarantor will be held liable if the loan defaults, unlike a co-borrower, who will be liable for the entire loan on an equal footing with the main borrower.<br\/>Read more about <a href=\"https:\/\/www.motty.no\/artikler\/lan\/foreldre-som-medlantaker\" target=\"_blank\" rel=\"noreferrer noopener\">co-borrower here.<\/a>  <\/p>\n\n<p>Wondering who can act as a guarantor?  <a href=\"https:\/\/www.motty.no\/ressurser\/bankordlisten\/kausjonist\"><\/a><a href=\"https:\/\/www.motty.no\/ressurser\/bankordlisten\/kausjonist\">You can read more about it here!<\/a><a href=\"https:\/\/www.motty.no\/ressurser\/bankordlisten\/kausjonist\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><\/p>\n\n<h3 class=\"wp-block-heading\">How to apply for a loan with a guarantor?  <\/h3>\n\n<ul class=\"wp-block-list\">\n<li><strong>Submit a loan application<\/strong><br\/>You and the guarantor must complete a loan application together.\nYou will provide information about your own finances, and the guarantor will provide information about their finances.\nThis usually includes income, debt obligations and any assets.  <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li><strong>Credit assessment<\/strong><br\/>The lender will perform a credit assessment of both you and the guarantor.\nThis involves checking the credit score and credit history of both parties to assess the risk associated with the loan. <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li><strong>Loan amount and conditions<\/strong><br\/>Based on the overall creditworthiness of you and the guarantor, the lender will determine the maximum loan amount and the financial conditions of the loan, including interest rate, repayment period and any fees or charges.<\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li><strong>The guarantor&#8217;s responsibility<\/strong><br\/>If you are unable to repay the loan, the lender may require the guarantor to pay the loan on your behalf.\nThis can affect the guarantor&#8217;s creditworthiness and financial situation.\nProviding a surety for others, whether it is your cohabitant, children, family or friends is a major responsibility and must therefore be carefully considered.    <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li><strong>Agreement and signing<\/strong><br\/>Once the terms of the loan have been determined and accepted by both parties, you and the guarantor will sign a loan agreement describing the terms and obligations of the loan.\nIt is important to read and understand the agreement thoroughly before signing. <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li><strong>Loan disbursement<\/strong><br\/>After the agreement has been signed, the lender will disburse the loan amount to you and you can use the money for, for example, buying property or financing a car.<\/li>\n<\/ul>\n\n<p><\/p>\n\n<h3 class=\"wp-block-heading\">Do you have any questions?<\/h3>\n\n<p>Let us help you!  <a href=\"https:\/\/www.motty.no\/kontakt\"><\/a><a href=\"https:\/\/www.motty.no\/kontakt\">Get in touch for a non-binding chat here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are going to take out a loan, the chances of the loan being approved will increase if you have a guarantor. But how does that work? And how do you apply for a loan with a guarantor? Apply for a loan with a guarantor as co-borrower When you apply for a loan with&#8230;<\/p>\n","protected":false},"author":18,"featured_media":2134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-2558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loans"],"acf":{"posts_author":null,"show_last_updated":false},"_links":{"self":[{"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/posts\/2558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/comments?post=2558"}],"version-history":[{"count":2,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/posts\/2558\/revisions"}],"predecessor-version":[{"id":6090,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/posts\/2558\/revisions\/6090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/media\/2134"}],"wp:attachment":[{"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/media?parent=2558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/categories?post=2558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motty.no\/en\/wp-json\/wp\/v2\/tags?post=2558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}