Faq's
How much can I borrow?
This will apparently depend upon your on-hand income and the amount of collateral available within your assets. Subject to these factors we can organize a loan from a minimum of £3,000 to a maximum of £500,000.
Do you charge any hidden fees ?
No broker fees will ever be charged up front. However, in some cases a fee may be charged on the maturity of your loan. The maximum limit is 10%. You will be aware of any possible fee from day one and they can be built in to your loan package.
Over what period of time can I extend my loan?
This is entirely up to you and the repayment consultant may help you resolve. Generally, loans are available over three to thirty years.
Is there any particular criterion for usage of the loan amount?
No, you can spend your money in fulfilling any of your requirements. You will never be asked to fill details about usage of the loan amount.
What if I want to settle the loan early?
Different lenders have different policy on early repayments. The lenders who accept early repayment will calculate the outstanding balance and a rebate is given on the outstanding interest in accordance with the Consumer Credit Act 1974.
