Loan security - BBVA
Hello all, I have been accepted to start training at Jerez and am contemplating borrowing from the BBVA bank.
I have a question about the security for the loan, if anyone has done this can they please shed some light as to exactly what is required.
Do your parents have to hand over property deeds, or are they simply required to under sign your loan agreement and promise to cover payments in the event of default? I am trying to find out as much info as possible so I can ask them for support without risking heart attacks.
Anyone who has borrowed and can shed some light here will be thanked!!