Eligibility Criteria
You must be between 23 and 62 years of age.
You must be a UK resident with an active bank account and debit card.
You must be full time employed.
Your take home pay should be more than £2300.
Applicants must live in England or Wales only.
All loans are subject to credit and affordability checks.
REPRESENTATIVE EXAMPLE:
AMOUNT OF CREDIT £1,500.00. PAY 30 MONTHLY REPAYMENTS OF £159.00. TOTAL AMOUNT PAYABLE £4770.00. ANNUAL INTEREST 87.2% FIXED. REPRESENTATIVE APR 218.0%
WARNING: Late repayment can cause you serious money problems. For help, please visit the Moneyhelper website.
This loan may be suitable for you if:
- You want a longer term loan for between 30 and 40 months
- You need to borrow between £1500 and £3000
- You want a loan that doesn’t require a guarantor
This loan may not be suitable for you if:
- You have a history of bad credit including recent defaults and CCJ’s.
- You already have outstanding payday loans or short term loans.
- You are already in financial difficulty and wouldn’t be able to repay the loan.
How it works...
Apply to TM Advances using the form below. Applying won't affect your credit score^
We'll check your eligibility for a loan against the application criteria and if suitable, you’ll be sent to the TM Advances website
If you are not eligible for a TM Advances loan, we will try our other lenders to see if we can get you a loan elsewhere
If another lender accepts your application you’ll be redirected to their website
^In order to assess your suitability for a loan, lenders may perform a soft credit check, this does not harm your credit score and is not visible to other lenders. If you accept a loan offer, you will be redirected to the lender and they may ask to perform a full credit check.
Start your application to TM Advances below...
About TM Advances
TM Advances are lenders of unsecured personal loans in the UK. TM Advances have been lending for many years and offer loans of between £1500 and £3000 over 30 or 40 months.
As a responsible lender, your application to TM Advances will undergo credit and affordability checks, including the use of open banking, to ensure that any loan offer is viable and affordable. TM Advances offer their loans to people with all types of credit history (subject to checks) so if you do have some history of poor credit, they may be able to consider your application still.
Please note, you cannot apply for a loan with TM Advances directly, you must apply through a broker website which is the service we offer – we will present your application to them for you.
Applying
All UK residents over 23 and under 63 years of age can apply for a TM Advances loan, but you’ll need to meet their lending criteria as set out in our Eligibility Criteria section.
TM Advances are a digital lender and everything you need to do is completed online, including signing your loan agreement should you make a successful application and after making an application, you’ll usually get a decision in principle straight away. However, as part of the application process you will need to speak to an agent so that they can explain all aspects of the loan to you and answer any questions you may have.
TM Advances harness powerful technology and data to make fast decisions on loan applications and this includes the use of Open Banking, ensuring that any loan offered is affordable to you.
The great thing about applying on allthelenders is that if TM Advances cannot accept your application then we will search our comprehensive panel of lenders to see if any other lenders will accept you, saving you time and helping you to get the loan that you need.
Repaying a TM Advances Loan
TM Advances Loans are repaid in equal monthly instalments over 30 or 40 months, depending on the loan period you chose during your application.
TM Advances will collect the payments directly from your debit card on each of your following paydays, the payments are automatically collected and there is nothing you need to do.