What is a guarantor?

Guarantors, instead of fees, gives JFLA the assurance of re-payment. A guarantor is a person who agrees to pay back the loan if you are unable to. JFLA does not except any form of collateral.

  1. A guarantor is at least 25 years old, a resident of the US, has strong credit.
  2. A guarantor cannot be a current borrower or guarantor on an active JFLA loan.
  3. A guarantor will need to provide an email address, current state issued ID, proof of current income and credit will be run.
  4. If married, the spouse of the guarantor will need to sign all legal loan documents and provide an email address, a current state issued ID and proof of income.

We thank all guarantors for assisting JFLA in the power of offering Interest free lending.

JFLA Assistant