How long does it take to get approved for a personal loan with your service?
You can apply for personal loans 24 hours / 7 days per week.  Once you fill out the application, a member of staff will contact you and hopefully have your loan approved, in principle, within 24 hours.  Applicants with a good credit rating are normally contacted via e-mail.

What kind of interest rates should I expect on my personal loan?
Your credit history and the level of credit risk will have some influence on the interest rates of your personal loan.

Will having a co-signer help me get approved for my personal loans?
DEFINITELY!  The probability of getting approved for your personal loan rises if your co-signer has respectable credit!

How much can I borrow?
Any amount from £250 to £25,000 depending on your circumstances.

What can I use the loan for?
These loans can be used for any purpose ...  a holiday, home improvements, getting married, a new car or consolidating your existing debts.

Can I repay the loan early?
The balance outstanding will be calculated and a rebate given on the outstanding interest in accordance with the Consumer Credit Act 1974.

What is the loan APR?
The APR on a loan represents the true cost of a loan to you.  The APR takes into account the loan interest rate and also any extra charges and makes it easier to compare loans when borrowing.

Are secured loans easier to obtain approval?
Yes  -  due to the fact that you are in effect securing the loan against your home and the fact that any secured loan taken out can be repaid, you will find it easier to be approved for this type of loan.  Unsecured loans are more difficult to obtain as they provide more risk to the loan company.

Why are there so many questions on the application form?
It is important to gather as much information on all applicants as possible in order to make a fair and informed decision.  It is important that you answer in full, all of the questions on the application form as any error may be the difference between your application being accepted or turned down.  It will also affect the speed in which your application is processed.

What happens if my loan application is declined?
Occasionally a lender may not wish to provide you with a loan and this could be for a variety of reasons but the lender does not have to tell you exactly why you have been refused.  You can, however, ask for the name and address of any credit reference agency the lender has used for assessing the loan.

Where can I find contact details for these Credit Reference Agencies?
Simply navigate to our Credit Reference Agencies page (CRA's) where you will find full contact and link details.