Welcome to trust-based lending
Wouldn’t it be good if you could borrow money based on the relationships that you have instead of your credit history. With a TFS Guarantor loan you can do just that. A guarantor loan is an alternative way of lending that can provide you with an affordable loan for any purpose, from buying a car, to making home improvements, to debt consolidation. The loan is based on trust instead of your credit score.
If you have a poor credit history or no credit history and you are looking for a loan of up to £15,000, then trust based lending could be for you.
How does a Guarantor Loan work?
Guarantor loans are different because they are based on you having a friend or a family member who trusts you to make loan repayments. The guarantor agrees that they will pay the monthly instalments should you miss any payments for any reason.
TFS Guarantor Loans are designed to fit your individual financial circumstances.