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TrustTwo


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More about this Company

This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.
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Basic Lending Information

  • FCA License Number Test
  • Lender is a Member of a Trade Association No
  • Short Term Lender No
  • Instalment Lender No
  • Continuous Payment Authority No
  • Credit Checks No
  • Same Day Transfer Available No
  • Loan Length 12 Month to 60 Month
  • Online Account Management No
  • Representative Example Installment Borrowing £4,000 over 3 years at an interest rate of 36.9% p.a. (fixed), you will repay 36 monthly payments of £185.27. Interest payable £2,669.72. Total repayable £6,669.72. Representative 43.8% APR. Maximum APR: 43.8%
  • Representative Example Short Term Borrowing £4,000 over 3 years at an interest rate of 36.9% p.a. (fixed), you will repay 36 monthly payments of £185.27. Interest payable £2,669.72. Total repayable £6,669.72. Representative 43.8% APR. Maximum APR: 43.8%

TrustTwo Review

This is a guarantor loan. A guarantor loan requires a second person - the guarantor - to co-sign the credit agreement along with the borrower guaranteeing that they will repay the loan should the borrower default on their repayments. Therefore, it is extremely important that the guarantor can afford the monthly repayments should they need to.