Who can apply for personal loans?
Anyone who’s age is in between 18 yrs and 60 yrs, working somewhere or has a monthly income and must be an UK resident.
What is the maximum amount and loan term for personal loan?
You can borrow up to ₤25,000 or more and the maximum term is 5 yrs. But all these depend on your personal and credit record, your repayment ability etc.
For which purpose can I borrow personal loans?
You can borrow personal loans for any purpose like for debt consolidation, buying a car, for holiday with your family etc.
If I borrow personal loans for debt consolidation does it effects my credit score?
No. If you are regular in your repayments then it will not affect your credit score.
How do I receive the money once my Personal Loan has been approved?
Personal loans are usually paid to your nominated account. Bank cheque payments are also available at our discretion.