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Daily Mirror

Business

Sam Barker

High-cost lender TFS Loans told to repay £800,000 - your rights explained

TFS FCA Essex Opus

High-cost lender TFS Loans has been handed a £800,000 fine by for not doing proper checks that customers could pay back loans.

TFS Loans is a guarantor lender, which means it requires a family member or friend to cover repayments if you can’t.

The firm fell into administration in February following claims of “unaffordable lending”.

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Top stories on inkl right now

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Republican facing child sex charges set to become Louisiana police chief after his only opponent drops out

Confirms he plans to "stay in the race."

We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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