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TFS Loans Reviews [Read Our Expert Opinion]

Jane Wardle

Written by Jane Wardle on July 12, 2018

Updated July 12, 2018

TFS loans review

Overall Rated: 4.7 / 5


TFS Loans works to make their loan option easy to pay back without the traditional high-interest rates of comparable companies. With TFS Loans, interest rates are between 29.9% and 69.9% with the average interest rate of 39.9%. This means that loans can be paid by quickly by borrowers without the standard high markups and payment jumps as other loan options.

Bad, defaults and CCJ customers are not a problem with TFS Loans as they work with customers to find a solution without the standard credit checks. This means that if you can prove the ability to pay back the loan, you can be approved in minutes. There are never any setup fees, and at TFS Loans, customers are never penalised for paying back the loan early, so when your situation changes for the better, you can pay off the loan quickly without any fear.



Trust & Reputation

Rated 4.7/5

Trust is always an issue when contending with loan companies, and their reputation means a lot to the customers. TFS Loans has been a part of the community since 2003 and has worked diligently to receive high praise from every customer. Their commitment to customer satisfaction has provided TFS Loans with a current rating of 4.5 out of five on Readies proving that honesty and integrity can win out over the larger companies. TFS focuses more on the individual rather than the scope of the past giving them a niche in the guarantor sector of loan companies.

Passion is not always the focus of loan companies but is a significant part of TFS Loans. Their commitment to customers is noted in the company’s mission statement to provide financing on reasonable and transparent terms for both customers and businesses looking for an alternative to the traditional loan companies found in the UK. The commitment to excellence set forth by TFS Loans has been beneficial to the company, and so far, the company has been awarded two significant awards. In 2017, TFS Loans received the Finance Award for Best Guarantor Loan Provider and was a runner-up in the Consumer Credit Awards.

Expertise & knowledge

Rated 4.8/5

TFS Loans provide necessary funds to those that would otherwise be greatly overlooked by other companies. With TFS Loans, customers gain access to a committed team of guarantor loan experts without feeling ashamed of past issues with credit and repayment of loans. Loan officers work directly with clients to determine whether they can pay for the loan according to their circumstances today. This gives a leg up to gaining better credit for future endeavours and allows clients to maintain a growing relationship with a company that understands their needs.

Short term, as well as long-term loans, are available with TFS Loans, so when emergencies arise, such as an injury resulting in loss of hours at work or any other hardship, customers can get the money they need quickly without having to jump through hoops. TFS Loans makes the process simple with straightforward loans for help when clients need it most.

Customer Service

Rated 4.7/5

When you contact TFS Loans, you gain access to a dependable, knowledgeable, and friendly customer service representative that will guide you through the process of securing the loan. Past clients have proven that customer service is highly regarded at TFS Loans. Instead of merely focusing on securing new clientele for every loan, TFS Loans works to build ongoing relationships with their clients, so in the event, another loan is required, the customer can return with their head held high knowing that help is available.