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Guarantor Loans FAQs (Borrower)

Will my payments increase during the loan?

No matter  whether interest rates around the world change, your monthly payments will not increase. Unless you chose the option to pay off extra. However, TFS Loans will not alter the interest on your agreed guarantor loan.

 

 

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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