Bright Idea – University Guarantor Service
It’s been a week since third year student, Jake Shepherd’s, Bright Idea took off. He wants the university to introduce a ‘Guarantor Service for Students from Non-Home Owning Backgrounds’. I caught up with Jake, who studies Geography, Politics and International Relations to chat about his idea.
What are the motivations behind your Bright Idea?
As a disadvantaged student and the first in my family to go to university, there wasn’t really anyone to warm me about the potential difficulties in finding a UK guarantor.
What are these ‘potential difficulties’?
Often your guarantor needs to be a UK homeowner who can satisfy a credit reference agency check (up to 9 linked addresses, no County Court Judgements (CCJs), Electoral Roll data and Credit Score). Whilst house hunting with friend...