Trans4mind Home Page
Trans4mind Companies

TRANS4MIND TRAINING FOR COMPANIES

Uniquely based on empowering personal development, supported by personal trainers, Trans4mind Training's online interactive video workshops meet the need to find new and innovative ways to prosper in a fast-changing business world. YOU can bring this life-changing training to the workplace - and be well paid. No previous experience necessary!

Learn more & get started...

Everything You Should Know
About Guarantor Loans

All youngsters that are just starting their life need a place just for themselves. Unfortunately, it is very difficult to get the necessary funds at an early age, so there is one alternative left: loans. There are several types of loans, but many young people may discover that their credit score is not good enough for the traditional loans from big banks. However, if that is the case for you, you should not lose hope as there is still another option for you.

Guarantor loans appear to be a good solution. Most parents are ready to become a guarantor for their children and offer the equity in their own property. Having a guarantor means that you will definitely get a loan and it is easier if you collaborate with a member of your family. Here is what you should know about these loans.

Co-guarantor is an option
Being a guarantor represents a huge risk so if you are thinking about doing it, try to find a lender that allows you to be co-guarantor. This way you will only have to guarantee a portion of a loan. If you choose to guarantee 20 percent of the price of a property you will still help the borrower get away from the costs of Lender’s Mortgage Insurance that apply to loans greater than 80 percent of the property value.

Think ahead
If you have a job with a consistent income you might think that a loan won’t represent a problem for you, and you might be right. However, think about yourself in the future. Is this job stable enough or is there a chance that you won’t be working in the same place in a year? Is it possible that other unexpected expenses will appear in the future?

You must analyze all possibilities before you take loans that require guarantor. You must remember that this is a long term commitment and you need to have a stable income in the next years as well.

Take the loan seriously
If your guarantor is part of your family, you may be tempted to think that this is not that serious. However, it is very important for you to be aware that this is a business agreement just like any others. Make sure that you get informed before you make such a loan and don’t be afraid to ask an expert for financial advice.

You should always remember that if you are not able to pay back your guarantor will be the one that has to suffer the consequences. That person might lose important assets of even their house, you it is vital that you are able to handle the debt.

Make sure that the guarantor won’t need a loan as well
Many guarantors might need a loan for them too. However, if the life of the loan that a person guarantees is not over, that person won’t be able to get a loan. Therefore, before you agree to guarantee for someone you must think really well if you will need a loan for yourself.

More Creativity & Career Fulfillment articles

Good info on many topics:
Submit your own article

Tools for Transformation

personal development
Trans4mind offers its visitors a huge range of complimentary personal development resources for self-directed education and transformation of the whole person...
HOW TO USE THE RESOURCES 
Introduction to our Tools for Transformation. We aim to open up the mind to new ideas, new challenges and new solutions - to think differently and be creative.
SEE THE SITE MAP 
Describes all the contents of Trans4mind.com.
WORDS OF WISDOM 
Here are our favorite quotes. The best quotes distill powerful wisdom into a few words and can make a real difference to our perception and understanding. Including:
Life  Purpose, Spiritual  Awareness, Success and Abundance, Wisdom from the Heart, Happiness and Wellbeing, Communication & Relationships, Motivation and Leadership, Parenting and Education, Emotional Intelligence, Transitions in Life, Social Community, Quirky Quotes, Creativity, Proverbs, Humor - and many further topics in the Wisdom from the Heart section.
INSIDE-OUT BLOG 
Articles by Peter Shepherd and Wallace Huey. Imagine if the values of the heart could be brought into our families, communities, charities, organizations and businesses... what kind of a world would this create?
TRANS4MIND PODCASTS 
Audios by Peter Shepherd, focused on key personal development topics, to help advance your personal growth.
RAISE YOUR VIBRATION 
A free meditation program to help you experience the state of unconditional love - key to lasting joy and fulfillment in your life.
THE POSITIVE APPROACH 
Become more clear about your own identity, what you want in life - your life vision - and how to manifest your full potential.
THE AFTERLIFE 
If we do actually have a soul, then where does it go after death? Near-death experiences provide convincing answers.
ONLINE BOOKS 
Check out our fascinating collection of complete books for you to read online, including Peter Shepherd’s Transforming the Mind, which created the foundation of this site back in 1997.
EBOOK DOWNLOADS 
Over 250 PDFs to freely download covering many personal development topics - and including the range of Trans4mind publications.
KNOW YOUR OWN MIND 
Free personality test based on the Eysenck Personality Questionnaire. See yourself as others may see you, in a more objective light, so you can know yourself better.
PERSONAL DEVELOPMENT VIDEOS 
Watch our selection of over 400 personal development videos by top experts, offering many insights about mind, body and spirit.
AND LOTS MORE 
Our site is expansive, including loads of helpful resources. See what else we have.

Check out the menus on the top of every page too!

Hypnosis Downloads

Support your personal development with these popular and effective hypnosis downloads...

This is our selection of favorites, but there's a session for every need! Choose from over 800 Hypnosis Downloads...
Search now on an issue that interests or concerns you...
 

View all the Hypnosis Downloads here

Copyright © 1997-2018 Trans4mind Ltd
Terms of Use & Privacy Policy       Email Webmaster