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LOANS - FAQ's - FREQUENTLY ASKED QUESTIONS


There are no APR rates mentioned on this webiste?
We don't mention APR on this website because we work with individual cases and part of our commitment to you we don't want to quote an unrealistic rate. Before you agree to any loan the lender will clearly state the APR. And we're confident that you be surprised how competitive it is. Remember its up to you if you complete the application, you are under no obligation to accept the loan offered - the lender will make it clear to you at what stage the application becomes a binding agreement.

Can I apply for a loan?
Yes if you are a resident in the UK! Secured loans are for home owners (mortgaged or not).

What type of loans are available?
We two types secured loans, secured on property and unsecured. The interest rates are better on secure loans.

Is there restrictions on what I can use my loan for?
Most of our associated lenders do not place restrictions on your loan usage.

Should I take out payment protection?
We recommend it in case your personal circumstances change, then you're safe.

What is a secured loan?
It is a loan secured (or underwritten) by your house.

What is a unsecured loan?
It is a loan with no security, however in the event that you do not pay your loan the lender may still be able sue to claim your assets.

What's APR?
APR stands for 'Annual Percentage Rate'. Interest rates can also be expressed monthly.


 

 


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