Reviewed by James Hill
TrustTwo have a simple concept. As part of Everyday Lending Limited, Trust Two offers ‘joined up borrowing’. Essentially, TrustTwo is a guarantor loan, where they trust two people (the borrower and their guarantor) to pay back the loan.
To make applying for a loan easy, TrustTwo use a simple online application system where both the borrower and guarantor can fill in their registration application to make the whole process stress free. Instead of bombarding you with calls, the online form can be done in your own time. TrustTwo only contacts the borrower and the guarantor once a loan has been agreed.
With extensive experience in guarantor loans, TrustTwo has refined their process and business model to make it easy for borrowers and guarantors. One of the significant benefits of TrustTwo is the fact they do not require the guarantor to be a homeowner. If the guarantor is a homeowner, borrowers may benefit from lower interest fees. However, TrustTwo still accepts guarantors who are tenants and who live with parents.
Another significant benefit for borrowers and guarantors is the fact that people can apply online in just a few moments, and receive their decision almost instantly. For ease, both guarantors can register themselves while borrowers can apply online quickly and efficiently. With this, both borrowers and guarantors do not have a complicated phone process or even have to be in the same location when applying.