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We are currently awaiting FCA approval so are not currently taking loan applications.
Please come back in the Early 2016 when we how to have everything up and running.
Maximising Your Chance of a Successful Loan Application
When applying for any loan, there are a number of steps that you should take to maximise your chances of success:
Know Your Credit File
Download the latest copy of your credit file, from someone like CheckMyFile.com; then armed with the most up to date information, you can then apply for the type of loan that is most suitable to you.
For whilst you may have had a poor credit rating in the past, if sufficient time has elapsed, then your credit file may have healed itself, and missed payments may no longer be showing on your report, and therefore you may be able to get a loan from your bank?
If you do not check you will not know – for there is no point in applying for a bad credit loan if you can actually get a loan from you bank!
Know the Application Criteria
You should do some background reading to establish the ‘broad brush’ criteria for the type of loan you are applying for. So let’s say you are seeking a Guarantor Loan, a key criterion for this type of loan, is a guarantor who will back you, who has a clean credit rating.
So there is no point in applying for a Guarantor Loan unless you know, or can persuade a suitable person to b your guarantor.
Be 100% Truthful On Your Application
Not only is this the legally and morally right thing to do, it will also maximise your chances of success. If you do not tell the truth, and you are found out, then you will not get the loan.
The sad fact is that you may have been accepted on the facts that are true.