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Notes

Activating a Guarantor Requirement for Your Loan Product

To activate a guarantor requirement for your loan product, follow the steps below.

  1. On the Lendsqr admin console, navigate to “Loan products” and select an existing loan product or create a new loan product.

  1. Once the loan product has been created and saved, proceed to view the loan product and select the “product attributes” tab of the loan product being viewed.

  1. Click on “Require Guarantor”  and a modal will be displayed 
  1. Click on Edit at the bottom of the screen
  1. Click the Guarantor required Checkbox and click on save
  1. Click on “Save”
  1. Navigate to the bottom of the attributes page and click on “number of guarantors” to set the number of guarantors required for that loan product and click save to activate it.

  1. After activating the required guarantor attribute, you can view the status of the attribute (true/false) under the product attributes tab.

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