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Glossary

Bad Credit

Bad Credit describes an individual's credit score. If someone has Bad credit their credit score will be low. This may be because they have had difficulty paying money back in the past. Some institutions, such as high street banks and online lenders, will not lend to people with Bad Credit. At TFS loans we are happy to lending to individuals with Bad Credit, providing that they have someone who can act as their Guarantor.

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Loans are subject to status and affordability. *Consolidating debts may increase the term and the total amount payable.

Before entering into any credit agreement please make sure you can afford the monthly repayments, we recommend that you seek independent advice if you are unsure of any of the terms of our agreement. There may be other taxes or costs, not paid through us or charged by us, that you have to pay in connection with the agreement.

Late repayments can cause you serious money problems. For help go to www.moneyadviceservice.org.uk

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