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Guarantor...do I really need one if I travel a lot?
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<blockquote data-quote="Astronyu" data-source="post: 25356" data-attributes="member: 21881"><p>Hi guys, not really sure where to post this topic.I just need some advice. If you read my previous post, I am in the middle of buying a 525i from a fellow member here. Everything seems to be okay so far and waiting to proceed with my bank loan.However, just finished a phone conversation with the sales exec who're handling my loan, she said as I'm working offshore and often goes overseas, the bank might require me to have a guarantor or it might not get approved. I thought guarantor is only needed if I have bad credit which I don't.So, seeing as some of you guys here also came from offshore, pilot and people-who-travel-overseas-a-lot background, can you shed some light if this is truly needed? Finding a guarantor is not the thing I like to do to be honest.</p></blockquote><p></p>
[QUOTE="Astronyu, post: 25356, member: 21881"] Hi guys, not really sure where to post this topic.I just need some advice. If you read my previous post, I am in the middle of buying a 525i from a fellow member here. Everything seems to be okay so far and waiting to proceed with my bank loan.However, just finished a phone conversation with the sales exec who're handling my loan, she said as I'm working offshore and often goes overseas, the bank might require me to have a guarantor or it might not get approved. I thought guarantor is only needed if I have bad credit which I don't.So, seeing as some of you guys here also came from offshore, pilot and people-who-travel-overseas-a-lot background, can you shed some light if this is truly needed? Finding a guarantor is not the thing I like to do to be honest. [/QUOTE]
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