You may find yourself in a position where you need access to extra funds. Applying for a top-up to your UK Credit Guarantor Loan could be the answer. Provided your Guarantor is a homeowner and you’ve made your last twelve months contractual repayments in full and on time, you could be eligible to borrow more.
Can I apply?
Not all of our customers will become eligible to apply for further funds. You’ll need a homeowner Guarantor to apply, this could mean you bring in a new Guarantor for your top-up. Most customers become eligible once they have made their first twelve month’s contractual payments in full and on time. You can apply for a top-up at any time after the twelve-month qualifying period, provided both you and your Guarantor continue to meet our initial criteria. Please note, the maximum number of loans we will grant to any customer, including top-ups, is two. So if you have already had one or more top-ups previously, we will not be able to help.
To get your application started, you just need to give us a call on 01603 369 100 and one of our friendly team will be happy to guide you through the process.
As with all loans, top-up applications are still subject to credit and affordability checks on both you and your Guarantor. Applications are not a guaranteed pay out.
How does it work?
How much could I borrow?
Please be aware that if you choose a new loan term longer than the remaining term of your original loan, you may pay more interest on the original amount you borrowed.
What can I apply for a top-up for?
You can continue to use the same Guarantor for your top-up, provided they agree and meet our requirements. Alternatively, you can use a new Guarantor – the choice is yours!
If you would like to top up your loan or discuss topping up your loan call our team on 01603 369 100