Trusttwo homeowner guarantor personal loan review August 2019

Trusttwo Trusttwo (Tenant/LWP Guarantor) Personal Loan
Trusttwo Trusttwo (Tenant/LWP Guarantor) Personal Loan Find out more Go to site

With Trusttwo you may be able to get a personal loan even with a poor credit score, provided that you have a close friend or family member that can guarantee for you.

A “poor” credit rating can become a financial nightmare if you’re in need of credit, with many traditional banks and lenders being unable to help. However, if you secure the support of a guarantor who’s willing to step in if you default or miss a payment, things may become easier.

Direct lender Trusttwo offers guarantor loans between £500 and £10,000 at a fixed interest rate, has an online and straightforward application process and allows some flexibility by not charging a penalty if you want to make overpayments.

The interest rate of a guarantor loan will usually be higher than that of a regular personal loan, but at least with Trusttwo you won’t have to pay any extra fee and, if your guarantor owns a house, you’ll even get a (slightly) discounted rate.

warning icon Warning: late repayments can cause you serious money problems. See our debt help guides.


Loan typeUnsecured Personal Loan
Loan amounts£500.00 to £10,000.00
Loan terms1 Year to 5 Years
Loan rate typeFixed
Same day funding available
Instant decisions in most cases
Soft-search facility available
Joint applications
Overpay without penalty
Concurrent loans allowed
Topping-up pays off existing loan and initiates a new loan
Repayment methodsDirect Debit
Representative example: Borrow £10,000.00 over 3 years at a rate of 41.2% p.a. (fixed). Representative APR 49.9% and total payable £17,566.20 in monthly repayments of £487.95.

Am I eligible?

Available toNew or Existing Customers
Age18 or over
ResidencyUK resident
Credit profilesFair, Poor
Acceptance noteApplicants with a tenant guarantor or a living with parents guarantor

Is the guarantor I have in mind eligible?

ResidencyUK resident for at least 3 years
IncomeMust have an income
CreditGood credit score and history
Additional requirementsThe guarantor must not be your spouse, but may be a close family member or friend. They must have separate finances to your own and be able to afford the repayments.

How does this loan compare against the competition?

Table: sorted by representative APR, promoted deals first
Name Product Total Payable Monthly Repayment Representative APR
Representative example: Borrow £11,000.00 over 3 years at a rate of 31.9% p.a. (fixed). Representative APR 31.9% and total payable £16,381.80 in monthly repayments of £455.05.
Representative example: Borrow £10,000.00 over 3 years at a rate of 40.9% p.a. (fixed). Representative APR 49.5% and total payable £17,507.88 in monthly repayments of £486.33.

Compare up to 4 providers

We exist to help you find better. The offers we've compared on this page are from a range of products whose details we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations of these) aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When you make major financial decisions, it's wise to consider getting independent financial advice. Always consider your own financial circumstances when you compare products so you get what's right for you.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site