It varies depending on whether you have a guarantor or an unsecured loan👩🏻🤝🧑🏽
- Unsecured: via bank transfer into your bank account
- Guarantor:
- Via bank transfer into their bank account (why do lenders pay to my guarantor?)
- After which they are required to transfer the funds over to you
Typically, there is no charge for the bank transfer.
> Everything you ever wanted to know about being a loan guarantor <