Why People Choose Us
You might be surprised to hear just how easy it is to apply for a short term or personal loan. Furthermore, you don’t even have to leave your chair to apply for it. Instead, you just simply fill out our very short form and if you are accepted by a lender you’ll get your loan by the next day.
The Brokerage Process
We don’t provide you the loans directly. We serve as an introducer to Quint and Monevo who work with a wide range of different lenders introducing you to loans lenders. You don’t pay anything for our services, or the services that Quint or Monevo provide they will match you with a loans. Monevo will source the loan and connect you to the appropriate lender without charging you anything for it.
The Lending Terms
All no guarantor loans come with a set of terms that stipulate the amount of the loan, how much you have to repay (interest rates and fees) and how long you have to repay it. If you are not happy with the terms of the loan you do not have to accept the credit agreement.
YBefore applying for a loan you should make sure you can repay the loan in full and manage your contractual repayments by the appointed date, and if you cannot, then you should contact your lender directly to work out an arrangement to repay your loans. So, be sure youexamine your finances before you accept the no guarantor loans terms and conditions and sign the credit agreement. Once you accept the terms of a loan, you are obligated to abide by them.
All the lenders that Monevo work with will have a different set of criteria for approving loans however, the benefit of applying through our website is that your application will be seen by many lenders giving you a much better chance of your application successfully being approved and matched to a lender form Monevo’s panel. Monevo’s panel of lenders and brokers consider applications of every credit history, no matter how poor your credit history your application will be reviewed until one of the panel lenders or brokers accepts it and offers you a loan you want. Through Loan Load, you can apply for loan you are looking for. Just take a moment to fill out the short application form to see if you are eligible.
Frequently Asked Questions
How Much Should I Borrow?
You should refrain from borrowing more than you need to, it’s important you understand what other obligations/creditors you have and don’t over stretch yourself.
Will You Check My Credit History?
All lenders will perform some sort of credit check before finalising your loan offer. This doesn’t mean that you won’t be eligible for the finance necessarily as all lenders have different criteria but it simply helps the lender assess your creditworthiness and your ability to repay your loan.
What is a personal Loan?
A personal loan is simply a type of finance that is not secured against your property of any kind. These loans normally last at least one year and usually up to 5 years. You can normally apply for a personal loan from £1000 to £25000.
Is It Better To Overpay The Loan?
Again, for anything in relation to paying your loan off early or overpaying, it is best to contact your lender directly or check the terms and conditions of your loan agreement.
Can I Repay the Loan Early?
This will depend on your chosen lender, although they will let you pay your loan back early, you may need to pay an early redemption fee. If you are considering repaying your loan early, it’s best to either check the terms and conditions of your loan agreement or speak to your lender directly
Can I use a Guarantor?
Yes, this is becoming a one of the most popular types of finance out there since the arrival of Amigo Loans, these type of agreements are normally for people that have a poor credit history.