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TFS Loans Ltd
Information by Research TrustFinance
TFS Loans Ltd was a UK financial services company that specialized in providing guarantor loans, a type of personal loan where a second person guarantees to make the repayments if the borrower does not. They positioned themselves as an alternative for individuals who may have been refused credit by mainstream lenders. The company was one of the early providers in the UK guarantor loan market. However, following a significant volume of affordability complaints from customers, the company ceased lending and was placed into administration in February 2022.
United Kingdom
Industry
Financial