Quick And Easy Guarantor Loan Application With TFS-Loans
Planning to buy a new car but your budget is limited? Or eyeing on a new gadget but you just ran out of cash? Why not apply for a guarantor loan?
What Is A Guarantor Loan?
A guarantor loan is an unsecured loan that doesn’t need a collateral, however, it needs another person aside from the borrower. This person will act as the “guarantor” who will guarantee to repay the loan in case the borrower fails to do so.
Therefore, this person mus know and trust the borrower. Moreover, he/she should agree with the company’s application and entire guarantor loan policy.
Where To Apply For Guarantor Loan?
There are many loan services in the UK, however, only a few promises a safe and convenient loan application. With TFS-loans, you can apply for a loan quickly.
Why Choose TFS-loans?
With many guarantor loans services in the UK, there are only a few who really cares about their borrowers. TFS-loans does not only believe in fair lending but also, in a responsible one. They don’t charge setup or hidden fees and they make way for the loans to be repaid earlier.
Moreover, TFS-loans does not base on your past with banks and other finance institutions, but instead on your future. They believe in second chances. As long as are capable of repaying monthly payments and you provide a guarantor who can back you up, TFS-loans can definitely help.
How To Get A Guarantor Loan?
TFS-loans promises to be fast, simple, and flexible. To start with the application, you need to fill out a 5-minute online form found on their webpage. These are just some necessary details like your name, mobile number, email address, etc. Next, look for a guarantor. He/she should be someone you know and close to you to avoid any conflicts. TFS-loans will talk to them about the application process and their involvement.
Finally, once the application is approved, the fund will be sent to your guarantor’s bank account.
Do You Need To Have An Income?
Yes. As a borrower, you need to have a regular source of income to ensure repaying the loan. This can come from different sources such as your job, business, or some other benefits or pension.
Who Will Be My Guarantor?
Anyone can be your guarantor — so it can be your parent, sibling, friend, colleague, and even your landlord. However, they need to be at least 18 – 78 years old, a UK homeowner and have a regular income.
Once they agreed to become your guarantor, they should be able to speak with TFS-loans about the entire application process and affordability assessment. They should also sign the necessary documents which are sent either online or via post.
When Can I Get My Loan?
Once you’re done with your application and there’s no conflict on your and your guarantor’s part, TFS-loans will send the money within 24 hours.
After which, you can easily use the money on any of your desires such as a new gadget, a car, home repairs, and many more.
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