A little request from members in the lending business,
A son of a deceased friend came to me the other day and asked me to help him buy a car,
When this came up with my kids I was always able to arrange a cheap bank loan using me as a guarantor, but I am not real comfortable to do this for him,
Is he best just to arrange a higher interest loan from a car yard ,or do you think the bank will give him a personal loan at a cheaper rate,
He does have a regular job in the country and income but no assets