frequently asked questions
What is a Fixed Term Loan?
Can I extend my loan?
Do I Qualify?
How quickly can I receive the money?
How do I apply?
Do you run Credit Checks?
I am Self-employed. Can I apply?
A Fixed Term loan is loan repayable over a number of instalments. The amount of instalments and value of each payment is fixed at the beginning of the agreement.
No, each loan is for a fixed amount of money and a fixed number of repayments. You can of course apply for another loan once your loan has been paid off in full.
You must meet the following criteria:
Be at least 18 years old.
Live and work in the UK.
Salary paid directly into your bank account.
Have a bank account with a valid debit card.
And can you provide us with the following documentation on request:
1 recent pay slip
2 recent bank statements
Clear copies of both sides of your debit card
1 form of proof of address (recent utility bills)
1 Form of Photo ID
How quickly can I receive the money?
Once approved and the appropriate paper work is sorted we will make a BACS transfer into your account. This can take up to 3 days to clear. If you need the money quicker, we may be able to make a CHAPS payment for a small fee.
How do I apply for a Fixed Term Loan?
You have 3 options:
Fill in the online Application Form
Download a PDF Application Form - fill it in and either send or fax it back to us
or
Simply call 020 8883 0022 for a quick response.
In most cases we don't, but in some cases we do.
I'm Self Employed, can I apply?
We need to be sure that you can afford the repayments, if we can see this and agree an appropriate term with you then self employment shouldn’t be a problem.
