Three things clients may call you about this week...

  Warning on guarantor lending So-called guarantor loans, which involve friends and relatives being asked to pay off the debt if the original borrower fails to do so, have the potential to be "just as damaging" for borrowers as payday loans, Citizens Advice is warning, according to the BBC. The charity said many guarantors are unaware they are signing up for large debts, which carry interest rates of up to 46% a year. Aimed at people with poor credit histories, or in the case of some young people no credit history, it is thought more than 50,000 people a year take out such loans. ...