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Instalment Loans Brokers in the UK.
United Kingdom Loans are a newly formed, installment loans broker for UK residents. We aim to provide our customers with free access to carefully selected panel of lenders and have the option of lending up to £2500 online. You have the option of repaying over 18 months. Our homepage contains a bespoke, anonymous eligibility checker that will determine what percentage chance you will have of being accepted for a loan. For more information we have a how it works page that simplifies the process.
Do united kingdom loans charge a fee for the service provided?
to operate this service united kingdom loans receive commissions from nouveau finance ltd. it is important to recognise that we are a broker not a lender.
a unique algorithm to match customers’ requirements is submitted to a panel of lenders which is based on the application details, applicant preferences, and the lenders product, but does not include the commission paid by the lender to us. we therefore do not charge our customers a fee for this service.
What is an instalment loan?
unlike a short term loan the instalment loan product is usually a higher value loan typically £400 to £2000. the money is paid back over longer periods of between 3 and 18 months.
Can i apply for an instalment loan?
if you are over 18 years of age, are a uk resident, in employment and receive a regular wage paid into a uk bank account then you can apply for a loan. we cannot however guarantee you will be accepted.
How do i apply for a loan?
you can apply 24 hours a day 7 days a week. if you are approved you will automatically be transferred to your individual lenderís website to complete the process. you then sign your loan agreement online and receive the money direct from the lender into your bank account.
Why is the apr so high?
the rules and regulations that govern companies like ours state that we must show you the annual percentage rate(apr) and these are calculated based on paying a fixed amount of interest annually. the shorter term loans are normally taken over a maximum term of 60 days and therefore the apr is not the best way to measure how competitive our rates are.
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UK (Stafford) based business providing information on money lenders throughout the UK. Website includes details of services provided, applications forms, blog, associations belonged to, terms and conditions, FAQ, full contact details. Company is authorissed and regulated by the Financial Conduct Authority.
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Covid-19, Working from Home and the UK Economypublished on 3 August 2020
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