Is a Guarantor Loan right for me?

A TrustTwo Guarantor Loan may be a suitable way for you to borrow money if:

  • You're having trouble getting the finance you need from high street lenders because of your credit score.

And:

  • You can't, or don't want to borrow money from family or friends directly.
  • You want the chance to improve your credit history with a loan in your name.
  • You want a more flexible and cheaper loan than alternative unsecured finance options (such as payday loans).

Before you decide to apply you must:

  • Be confident that you can make the monthly loan repayments for the term of the loan. (Use the monthly loan repayment calculator to assist you)
  • Have spoken to a relative or friend you know well who will agree to become your Guarantor. They MUST understand they will be responsible for making the monthly repayments in the event that you can't. (See Being a Guarantor)