Q: |
How does Find That Loan work? |
A: |
A Find That Loan is a licenced Credit broker, licenced by the Office of Fair Trading. We will put you in direct contact with lenders or Master Brokers who will then take your application further. |
| |
|
Q: |
Do you charge a fee? |
A: |
No – Find That Loan obtain commissions from lenders or Master Brokers and do not charge fees on loans under any circumstances. |
| |
|
Q: |
How much can I borrow? |
A: |
Any amount from £1,000 to £500,000 depending on your circumstances and how much you can afford to repay each month. |
| |
|
Q: |
Do I need to be a homeowner? |
A: |
No – Find That Loan has an extensive panel of lenders who provide unsecured loans up to £10,000 depending on your circumstances and ability to pay. |
| |
|
Q: |
I have a poor credit history – can I still get a loan? |
A: |
Any adverse credit is listed on your credit file and as such will show up on a credit search. Find That Loan has an excellent track record in finding financial solutions for all types of clients, regardless of their credit history and circumstances. The easiest way to find out if you can get a loan is to give Find That Loan a call. |
| |
|
Q: |
Is my application confidential? |
A: |
Totally confidential - all applications are treated in the strictest confidence under the terms of the Data Protection Act. Find That Loan will not contact your bank, any third party or your employer without your permission. |
| |
|
Q: |
What can I use my loan for? |
A: |
Anything you wish though most lenders will ask a reason for the loan. Whether it be a holiday, car, home improvements or to pay off your existing commitments, speak to one of Find That Loan’s friendly advisors and see what solutions may be possible for you. |
| |
|
Q: |
Can I settle my loan early? |
A: |
This will depend on the lender Find That Loan put you in touch with and you should check carefully in their terms and conditions as to any penalties for early repayment that you may incur. |
| |
|
Q: |
What happens if I am ill, have an accident or lose my job? |
A: |
For a small extra charge your loan either Find That Loan or the lender you are put in touch with can arrange that your payments can be insured against Accident, Sickness and Unemployment. Find That Loan always recommend that you consider taking out this optional cover for that extra peace of mind. |
| |
|
Q: |
Can I pay more than the agreed monthly instalment? |
A: |
A This will depend on the lender you have been placed with and you should check that there are no penalties for repaying the loan early or at a higher than specified rate. |
| |
|
Q: |
What if I fail the credit search? |
A: |
Whatever your circumstances, the one thing you cannot change is the information stored on your credit file. All lenders access your credit file from either Equifax or Experian and any adverse credit will affect your ability to borrow money. It may be that an alternative solution may be more appropriate which your Find That Loan advisor will be happy to discuss with you. |
| |
|
Q: |
How do I know which type of loan or other solution is best for me? |
A: |
A Speak to a Find That Loan advisor – the advice will be impartial, confidential and best of all – absolutely FREE !! |
