Apply by Phone Contact TFS Loans0203 476 4170
Apply Online Pay Online

What does being a Guarantor mean?

A Guarantor can be anyone who is willing to repay the loan. Guarantors are usually a friend, parent or other family member of the applicant, but it can also be a work colleague, neighbour or even a landlord. For our Homeowner Guarantor Loans they just need to be a UK homeowner and in receipt of a regular, provable income.

What we do

TFS Loans are Guarantor Loan experts. Guarantor Loans are “what we do” and we were one of the first providers in the UK. We are also one of the few Guarantor Loan providers in the UK who offer loans up to £15,000. By offering guarantor loans, it means those who have no other financial lending options may be able to obtain credit – when they need it most. Maybe, they’re saving for their wedding day or even need a new car. As a TFS guarantor loan is a personal loan, the applicant can use it for pretty much anything – as long as it’s legal.

(We do not allow our customers to borrow money for gambling or investment purposes)

Your Responsibility

As a guarantor for a loan, you’ll be signing to agree that should the borrower be unable to make any repayments on the loan, you will cover the payment(s) for them. TFS will only contact you, the guarantor, if the Applicant is unable to meet the monthly repayment on their loan. You can be a guarantor for anyone, a friend or family member, a colleague or a tenant. As long as you trust the applicant to make repayments on the loan and are willing to cover the cost if they miss any payments, then you could give someone a much-needed hand. Being someone’s guarantor is not something that should be taken lightly; you should consider a few things before deciding to become someone’s guarantor. We have a whole section on who can be a guarantor on one of our Guarantor Hub subpages.

Want to become a guarantor?

If you decide to be a Guarantor for someone applying for a TFS Guarantor Loan, you should ask yourself a number of questions related to why they need the loan, what they will use it for, their ability to pay it back and whether you are able to pay it back if they cannot? We have created an FAQ section to help your decision-making process. If you have any other questions don’t hesitate to call us on 0203 476 4170 or visit the Frequently Asked Questions page for Guarantors on our website.

Return to main Guarantor Hub

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


Copyright © 2021 by TFS Loans. All Rights Reserved - Company Registered in England No. 6542065.