If you currently have a loan with us and have been affected financially by the COVID-19 pandemic, please click here for ways in which we may be able to work with you during these difficult times.
An unsecured loan is not protected by any collateral, so should you default on payments the lender can't automatically take your property. Unsecured loans can be offered to people who don't own property and that makes them available to a much wider range of people. They are flexible to repay - you can choose the amount and over what time period you repay your loan. All TFS Guarantor Loans are unsecured loans.Back to Terms
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