gurantor

[xellie49x]

my daughter wants to buy a car on finance as she has no credit history, the garage said that they would need a gurantor,her father said that he would do this,which is fine but he has a poor credit history would that stop my daughter getting the finance she needs to buy the car?

[CheekyChops]

Possibly - the whole point of a guarantor is so that they can pay the finance if your daughter does a runner. If her father has a poor credit history then he is unlikely to be able to pay (in the eyes of the finance company at least) and may not be accepted by them.

[EverClean]

It will also create a 'financial relationship' between you and your daughter on her credit file. Being associated with your poor credit history won't help her in the future.