More security for the lender means the ability to borrow more money for you. By including a financially capable person, you’re giving lenders a reason to have more confidence in you to repay Australia loans. If you’re a gambler, few lenders could trust that you’d be able to handle the loan no credit check on your own. Pros of Guarantor Loans: Low Interest Rates This type of loan is ideal for borrowers with bad credit, low incomes, or gambling problems.

Guarantor LoansĪ guarantor urgent loan is the type in which you involve a person, typically a friend or family member, to pay off the entire loan in case you fail to do so. Here are the best options for borrowers that want a way out of a gambling debt. So, most gamblers, if not all, find themselves resorting to borrowing very often, but what kind of options are right for gamblers? Continue reading to find out. A shocking one-third of Australians are in debt because of gambling, and that’s a lot. Gambling is a big issue all over the world, but especially in Australia.