I am a current customer and still making payments to TFS Loans, but I know that I am due redress.
We will contact existing customers once the redress scheme has been agreed in order to advise what this means for you. If any redress is due this could reduce your outstanding loan balance, but in the meantime it’s important that you continue to make repayments. This can have a positive impact on your credit score and is part of your contract.
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