Sentences with phrase «parents as guarantors»

What we do is have the parents as guarantors and execute a separate guarantee agreement which is attached as a schedule to the lease.

The tenants were from out of town and had a parent as guarantor.

Not exact matches

A guarantor is essentially the same thing as a cosigner and is most commonly seen when a parent or guardian acts as a guarantor for their college - aged child when they are attempting to obtain a student credit card but do not have substantial proof of income required for approval.

Parents do not have to act as guarantors as they would with private banks.

Therefore investors must rely on the creditworthiness of the product issuer or a guarantor such as the issuer's parent company.

You are right, that the daughter can be a big girl and do it on her own, but a parent acting as guarantor is not doing it on their own either.

I also have a student rental and ask the parent's to sign the lease as guarantors only.

Think of it similarly to the parent was acting as a guarantor on a mortgage being placed by their child.

Landlords always have parent sign as guarantor.

«If you put renters into a condo quickly without first checking their financial history or having their parents sign as guarantors,» he says, «you may be in for a big headache.»