Asked to be guarantor

[user1498320065]

A friend who we used to be close to but have not seen for a few years text out of the blue asking us to be guarantor for a loan to consolidate some debt.
I think he's a cheeky fu*ker & no good with money.
How is a nice way to say no?

"We're thinking of remortgaging soon and have been advised not to"

"We aren't a good bet....sorry"

No.

Sorry no.

Sorry no, we couldn't afford to lose that amount.

Sorry no, we haven't seen you for years and can't take that risk.

I would just text back
No

Not even sorry!

"Sorry but no, I really don't think it's appropriate. I hope you have luck seeking an alternative solution."

just say no or if you want to explain yourself say as a guarantor you might become liable and would only be a guarantor for something you could afford to pay and you can't so you won't

Why do you need to be 'nice' about it? He's a pure piss-taking chancer!

'No, it's not possible for me to be a guarantor for you.x'

Don't even consider it. NFW!

"no I don't want to think that's appropriate"

If he's asking someone he's not seen for a few years, that means he's run out of people closer to him to ask. There will be a reason for that.

I would ignore and block the number.

“No”.
A previous neighbour lost his house after being a guarantor for his grownup, ne’er do well son.
Don’t do it.

Why do you need a nice way to say no? Someone you haven't seen in years wants you to put your finances at risk.

Fuck off would be as polite as I would go with my reply.

"I'm not in a position to do this"

No explanation or apology required from you. You are however due an apology from your friend.

And then ignore any further attempt to debate this.

I wouldn't be a guarantor for anyone other than my children.

Just say no, it's not something you can do.

As you're looking for a nice way to say "no" - how about you are already a guarantor for someone else (white/grey/black lies don't count when the recipient is a CF!)

Bloody cheeky and VERY risky. Say no, no guilt, if she has not been in contact much at all and you are not/ were never close, I can assure you there’s a long list of people who know her better, who do not trust her, who have said “no”.

Nothing to feel guilty about, you just can’t take the risk. Just tell him no.

“No, I am not in a position to help you with this”.

In addition to "no" tell them that they should get debt advice from somewhere like Step change.

Don't even reply. Block!

'I think you might have sent this to me in error, but if it wasn't in error, no, I can't help you'.

You don't have to give a good reason or be nice about it. Just say no, or that you're not happy with that level of responsibility

I would be tempted to just reply with 'HAHAHAHAHAHA'