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Following the recent success of our payday loan claims, we found a number of similarities to guarantor loans.

Whilst the claims are somewhat different, we found the legal and regulatory framework towards Guarantor Loan Refunds remains the same.

In the next few weeks, we’ll be updating our new site with stories of successful claims and news.

If you’ve had a guarantor claim, regardless if the debt is re-paid or outstanding, you could be due a refund!
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Here is a list of guarantor loan lenders that you could have a claim against;

Just like payday loan claims we expect that many lenders will simply reject claims to avoid making appropriate compensation.

So what can I claim back?

This really does depend on the status of your guarantor loan and whether or not it is paid off.

Regardless, if you have a claim, we suggest you make one as it will always benefit you if the claim is won!

Here are a few examples of what you could receive

(Your guarantor loan is paid off in full – with no outstanding balance):

  • Refund of all interest and charges applied to your guarantor loan
  • 8% interest on all interest payments made
  • Removal of any adverse (negative) history from your credit report

(Your guarantor loan is on-going – with an outstanding balance):

  • Removal of all interest on future payments
  • Refund of all interest and charges applied to your guarantor loan
  • 8% interest on all interest payments made
  • Removal of any adverse (negative) history from your credit report
  • Removal of the guarantors responsibilities to repay the loan

(Your guarantor loan is in arrears – with you paying the loan):

  • Removal of all interest on future payments
  • Refund of all interest and charges applied to your guarantor loan
  • 8% interest on all interest payments made
  • Removal of any adverse (negative) history from your credit report
  • Removal of the guarantors responsibilities to repay the loan

(Your guarantor loan is in arrears – with the guarantor paying the loan):

  • Removal of all interest on future payments
  • Refund of all interest and charges you’ve paid towards your guarantor loan
  • 8% interest on all interest payments you’ve made
  • Removal of any adverse (negative) history from your credit report
  • Removal of the guarantors responsibilities to repay the loan

Your guarantor will also be able to make a claim for;

  • Refund of all interest and charges they’ve paid towards your guarantor loan
  • 8% interest on all interest payments they’ve made
  • Removal of any adverse (negative) history from their credit report
  • Removal of their guarantors responsibilities to repay your loan

Ready to make a claim?

Find out more