Is the loan secured against my guarantors house

This is an unsecured loan so is not secured against property. The reason we ask for a homeowner guarantor is because having a mortgage or owning their own home outright would mean that they are in a more financially stable situation, and generally tend to have slightly better credit history than those who don't own their own home.

Of course because we specialise in people who don't have the best credit history, we rely on the guarantor to make up for this and back up your application. This way we know that if something happens and you're unable to make your payment, we know that your guarantor would be able to do this for you to make sure your loan doesn't fall behind.