Short Term Loan2022-02-21T14:59:18+00:00

Have you been mis-sold a short term loan?

A high-cost loan is an unsecured credit agreement with a relatively high interest rate, repaid over a short period of time. The high interest and quick repayment term result in a high-cost loan.

By submitting your enquiry, you agree to our privacy policy and agree we may use the contact details provided to contact you about your Guarantor Loan.

Over £5 Million recovered for our clients*

*combined cash redress & reduction of loan balance

A Few Reasons To Claim Now

Interest And Charges

We may be able to recover not only any repayments you have made but also any interest you paid along with any charges!

Fix Your Credit Score

Should your claim be successful, you can apply to revert your credit rating to what it would have been if you weren’t missold!

Not Repaid The Loan?

Not to worry! Even if you didn’t repay the full loan you may still be eligible to recover what you did pay.

Why use Quanta Claims?

Besides the fact that we are fully authorised and regulated by the Solicitors Regulation Authority, we specialise in financial redress meaning we have a wealth of experience in assisting clients affected by mis-selling or when given poor financial advice.

With this experience, we have created a fast and effective method of ensuring clients not only recover everything they are entitled to but it is done in the most effective and efficient way possible.


We pride ourselves on keeping our clients updated throughout their claim. If you ever need an update on your case, you are always welcome to contact us direct

No Win No Fee**

Handled on a true No Win No Fee basis meaning that you will not have to pay anything unless you receive financial benefit!

Can you make a claim?

How much could you be entitled to?

Guarantor Loans are often the solution to borrowing for people that may not be able to get a loan through more mainstream lending, however, there are risks to this type of lending that are not always fully explained.

Unlike payday loans, Guarantor Loans generally allow higher amounts of borrowing than what would normally be available, this can often lead to higher interest rates and unaffordable repayment terms.

How much you are owed will depend on your level of borrowing. We aim to recover all the interest you repaid to the lender in respect of your loan(s) repayments if we believe the loan was unsuitable.

Some of the common things that are overlooked:

  • Proper checks not being made on your financial position (this can relate to both borrower and guarantor)

  • You being given a product that was simply not affordable

  • The borrowing forming a significant part of your income and impacting your ability to maintain payments on other priority items e.g. rent or mortgage, utility bills (water, gas, electricity) or just day to day living expense

  • You needing to borrow from elsewhere (other lenders, family members) to cover repayments to these loan

  • Guarantors not being aware of the borrower’s financial position

  • Not assisting either the borrower or guarantor when they are experiencing financial hardship.

Frequently Asked Questions

Below you can find some of our most Frequently Asked Questions. Click on a question to view the answer.

What Is No Win No Fee?**2021-03-17T14:51:43+00:00

Simply put, this means that unless your claim is successful and you receive compensation we will not charge you for any of the services we have provided.

If I Win, What Are Your Fees?2020-09-29T09:16:39+01:00

Our normal fee will be 25% + VAT of any compensation offered which is considered standard within the industry. This means, for example, if we succeed in obtaining Compensation of £1000, Our fees would be £300. You would receive £700. If your loan is reduced by £1000 our fees would be £300. If your loan is reduced by £500 and you also received £500 in cash your total financial benefit of £1000 will be billed at £300.

How Long Does It Take?2020-09-08T20:41:02+01:00

Whilst we are extremely efficient at what we do, dependant on what route we need to take your claim down impacts how long it takes. Standard dispute guidelines allow 8 weeks for a final decision to be reached,  however in other situations we may need to lodge a complaint with the Financial Ombudsman Service which can take longer.

What Do I Need To Do?2021-03-17T13:41:24+00:00

We try to keep your involvement to a minimum, it’s been stressful enough if you have been missold!

Once you have completed your claim form, you should receive a “Form of Authority”, which gives us permission to act on your behalf. So other than letting you know where we are up to and what we are doing for you, it should be a case of sitting back and relaxing knowing that the experts are working on your claim!

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