Are you thinking of buying a car? Maybe you need a new washing machine or sofa? Many people cannot afford to pay for such big-ticket items in one lump sum. Instead, many people chose to borrow the money and pay it off over a set period. A TrustTwo guarantor personal loan might be a suitable option for such financial needs.

A personal loan, sometimes called an unsecured loan, is different from an overdraft or credit card because it allows you to borrow a fixed amount over a fixed term, usually at a fixed rate of interest. For example, at TrustTwo you might borrow £4,000 over 3 years at an interest rate of 36.9% p.a. (fixed). Therefore you will repay 36 monthly payments of £185.27. Interest payable £2,669.72. Total repayable £6,669.72. Therefore with a TrustTwo personal loan you know at the outset how much you have to pay back each month, as well as the total cost of the loan, making it easier to budget into everyday life.

Unsecured personal Loans

Unsecured personal loans are not available for business use, illegal purposes or gambling. Loans are subject to status & minimum loan amount may apply. By clicking the "Apply Online" button you confirm that you are a UK resident aged 18 or over. Meeting this criterion allows TrustTwo to initially assess whether or not you may be approved for a guarantor loan.

To apply for one of our unsecured guarantor loans, you will need someone with a good credit history to co-sign the credit agreement with you. To be approved as your guarantor, your chosen person must be aged 21–75 and not your wife/husband. It is important to note that they are contractually obliged to make any payments that you miss.

Am I Eligible if I Have Bad Credit?

If you have bad credit, unsecured loans can help you get into a better financial position. By keeping up your loan repayments and ensuring you pay all your bills on time you can build up your credit score.

Our unsecured guarantor loans can be paid back between a period of 12 months and 5 years – we let you choose which repayment period best suits your personal circumstances. By repaying your loan over a shorter period, this means that your debt is also over a shorter term.

For more information, look at our unsecured guarantor loans online today. If you have more questions, please contact us on 0330 3033 477 or email us at contactus@trusttwo.co.uk.