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.
Enjoying Cash Loans to Your Door – Pay Weekly with As Much Ease
If you want cash loans at your door, then door step loans are the way to go. These home credit loans, as they are also popularly known, are unique to other forms of credit because it utilizes an Agent that personally comes to an applicant’s home to guide him or her in closing out a loan deal. From finalizing your paperwork to handing out the money that you availed for, the agent will do most of the heavy lifting for you. The agent will typically be someone from your locality and will be the person you will deal with until you have paid back your loan in full. He will visit you once a week to collect repayments and will be readily available to cater any and all questions and concerns.
Short-Term Loans with Weekly Payments
These loans are normally short-term credit options with fixed interest rates. The fixed interest rates allows you to plan in advance on how you are going to make the necessary repayments until you have completely paid off your loan. Typically, you are not expected to pay off the amount one time but rather in small chunks, week after week. The money is delivered personally by the agent to your door steps and collections are conducted in the same manner. These loans are not big enough to finance major expenses but are small enough to be availed by different lenders of all walks of life including those who are unemployed, disabled, and those who have poor or none-existent credit history.
Better Explain Your Present Situation
Working with an agent, face to face, gives you the opportunity to better explain your current situation financially as well as your credit needs. Together with an experienced agent who has a deep understanding of the credit industry, it would also be easy for you to come up with a comfortable repayment scheme that will work best for you and your lender. The agent will also visit your weekly allowing you to have a better grasp of your finances. Ultimately, having the presence of a professional agent will offer you a lot more good than harm.
The Cost of Taking Out the Credit
Borrowers often take out this loan as a stop gap solution until the next pay-check arrives or when financing an foreseen emergency expenditure. The associated cost in taking out the loan is between 190% and 650% APR. You are expected to make your repayments every week for 14 weeks to 52 weeks, depending on the amount that you borrowed and the lender providing the loan. You can borrow from as little as £50 to as much as £1000 but if you are a new customer, however, you are normally only allowed to borrow between £50 to £500. Lenders usually only lend the maximum amount to their existing customers. These loans are a bit more costly than other types of credit due to the convenience that you will enjoy from its exclusive personal services.
Where to Find a Door Step Loan Lender
You can easily find a wide array of door step loan lenders online through a quick search in Google. Just make sure that you are dealing with a legit lender, however, to avoid falling prey to scam artists. Legitimate lenders are those that are authorised by the FCA or Financial Conduct Authority. If a lender cannot provide adequate proof in the form of a license, you might want to avoid dealing with this lender if you don’t want to become a victim of an exploitative loan deal. Also, you might want to know that these types of loans are usually not recorded in credit reference agencies which means it won’t make any significant change in your credit rating and will not aid you if you plan on building your credit score back up.
It is important to note that because these types of loans are collected and delivered from your doorstep, lenders may choose to decline your application based on the area in which you live. For example, lenders will normally refrain on granting loans to borrowers who live in a block of flats that need a buzzer to gain entry into the vicinity. There is also an age requirement for the loan. Just like any other form of credit, you must be over 18 years old but there are other lenders who will not deal with applicants if they are not over 21 or over 25, in some cases.