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What can I use my Guarantor Loan for?

If you’ve got bad credit and need a loan, a guarantor loan may be ideal for you. Guarantor loans are personal unsecure loans, which means they can be used for pretty much anything – as long as it’s legal. Many people use their loan for car finance, weddings and even debt consolidation.

TFS Guarantor Loan Uses

  • Car Finance – Many guarantor loan borrowers use their loan to finance a car. Be it new or used, TFS Loans offer loan amounts from £1,000 – £15,000 so a new car could be within your grasp.
  • Debt Consolidation – If you’re struggling to juggle multiple debt repayments, you can use your loan to consolidate them into one manageable payment.
  • Self-Employed Loans – Those looking to start up their own business, or simply finance the next step, can use a guarantor loan! You can finance your self-employed business providing you can provide proof of income.
  • Wedding Loans – Weddings are no cheap thing. Many choose to use a guarantor loan to make their big day extra special.

Your Guarantor’s Criteria

All you need to apply for a loan is a guarantor who trusts you. They can be a friend or family member, but must be:

  • Between the ages of 18-78
  • A UK Homeowner
  • Have a regular income

Guarantor loans are an ideal and fairer lending option for those with bad credit. Your loan is yours to use, as you see fit! 39.9% APR Representative

TFS Loans are specialist Guarantor Loan lenders. A Guarantor Loan is a form of loan that requires someone to act as the Borrower’s Guarantor. We offer Guarantor Loans from £1,000 to £15,000, over 1 to 5 years.

Apply for a TFS Guarantor Loan using the button below:
Apply Online
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Call 0203 476 4170

39.9% APR Representative

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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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