Trust Deed
Loans after a Trust Deed
Thinking about a personal loan after your Trust Deed? Here's a guide to what lenders look for, the kinds of lender to consider, and the high-cost loans to avoid.
- Trust Deed discharged
- No payday or guarantor loans
Free to use, no obligation. The plan itself won't affect your credit score. It is not advice, and acceptance is never guaranteed.
Written and reviewed by the AfterMy team · Last reviewed October 2026
Quick answerYou can apply. Some lenders consider people who have been discharged from a Trust Deed. Each sets its own criteria, and acceptance is never guaranteed. Lenders, including credit unions, look at what you can afford now and how you've managed credit since your discharge. We don't introduce people to payday, high-cost short-term or guarantor loans.
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What loan lenders look for after a Trust Deed
Lenders want to see that the picture has changed: on-time payments since your discharge, and what you can afford now. Paying every bill on time builds that record.
Which lenders to consider after a Trust Deed
Some lenders judge affordability, not just a credit score. Credit unions look at your real circumstances rather than a number. Other lenders use Open Banking to see your real income and outgoings. Each sets its own criteria. We don't introduce people to payday, high-cost short-term or guarantor loans.
Discharged from your Trust Deed? Your Comeback Plan maps your dates and shows options from our panel you may be able to apply for.
Start your Comeback PlanBefore you apply
- Keep up your record: a record of on-time payments helps any application.
- Borrow only what you need, for a clear reason: affordability is the main test lenders apply, so keep the repayment comfortable.
- Don't scatter applications: several full applications in a short time look like trouble and dent your file.
While your Trust Deed is still running
There's no legal credit limit in a Trust Deed, but check your deed's terms with your trustee. Any new debt isn't included in the Trust Deed, and new borrowing while the Trust Deed is active also puts it at risk. Come back when your Trust Deed has finished.
Mistakes to avoid
- Applying without checking your eligibility first.
- Turning to payday or guarantor loans because they say yes fastest. They're the trap, not the answer.
- Applying to lots of lenders at once and collecting hard searches.
- Borrowing more than the repayment comfortably fits. Affordability is the main test lenders apply.
Guides
Keep reading
Questions
Frequently asked questions
Can I get a loan after a Trust Deed?
You can apply. Some lenders consider people who have been discharged from a Trust Deed. Each sets its own criteria, and acceptance is never guaranteed. Lenders look at what you can afford now and how you've managed credit since your discharge.
Can I borrow during my Trust Deed?
There's no legal credit limit in a Trust Deed, but check your deed's terms with your trustee. Any new debt isn't included in the Trust Deed. Come back when your Trust Deed has finished.
How long should I wait after my Trust Deed?
There's no fixed date. Each lender decides for itself, and a record of on-time payments since your discharge helps any application.
Why won't AfterMy introduce me to a payday or guarantor loan?
Because they're high-cost and easy to fall into after a debt solution. We don't introduce people to payday, high-cost short-term or guarantor loans.
What kind of lenders should I look for?
Credit unions, and lenders that judge what you can afford now using Open Banking, are options to consider. Each sets its own criteria.
Ready when you are
Your Comeback Plan maps your dates and shows options from our panel you may be able to apply for.
Start your Comeback PlanFree to use, no obligation. The plan itself won't affect your credit score.