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TrustTwo is a specialist lender providing personal loans of between £500 and £10,000 over terms from one to five years. To get a loan from TrustTwo you’ll need a “guarantor” – that’s a relative or friend who promises to pay back the loan in the event that you don’t (hence the name “TrustTwo”).
Name | Representative APR | Loan amounts | ||
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Trusttwo Trusttwo (Tenant Guarantor) Personal Loan | 36.9% | £1,000.00 to £15,000.00 | |
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UK Credit Limited Unsecured Homeowner Loan | 26.9% | £3,000.00 to £20,000.00 | More info |
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1plus1 Loans Guarantor Loan | 47.8% | £1,000.00 to £10,000.00 | Go to site |
Name | Representative APR | Loan amounts | ||
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Bamboo Personal Loan | 69.9% | £2,000.00 to £8,000.00 | Check eligibility |
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Progressive Money Personal Loan for Homeowners | 61.91% | £1,000 to £15,000 | More info |
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Likely Loans Personal Loan | 59.9% | £500.00 to £5,000.00 | Check eligibility |
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Savvy Personal Loan | 59.9% | £300 to £1,200 | More info |
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Everyday Loans Personal Loan | 99.9% | £1,000.00 to £15,000.00 | Check eligibility |
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.
Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.
Guarantor loans unfortunately involve higher interest rates than a personal loan from your average high-street bank. But for some borrowers, applying with a guarantor can help them to access better rates than they might alone.
Like any loan, provided you stick to the repayment schedule a TrustTwo loan could help you build a positive credit record, meaning you could then access better rates in future.
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