Frequently Asked Questions
Common Questions
Do I have to be employed?
Not necessarily, not all lenders require borrowers to be employed. Read More
Do I need a debit card?
Most lenders required both borrowers and guarantors to have valid UK debit cards. Read More
Does the lender check affordability and how is it assessed?
Our lenders follow the same process as other forms of loans, so affordability checks are in place. Read More
How does the application process work?
The following simple 4-step process. 1. Fill the 3-minute form on our website.... Read More
How long does the application process take?
On our website, the application form takes about 3 minutes. Read More
Is there a way to get my loan quicker?
To make sure your application goes through smoothly enter your details as accurately as possible and make sure your guarantor is fully on board. Read More
Do I need a guarantor before I apply?
NO. But the process is much faster if you do. Read More
If I’m pre-approved does that mean I will definitely get a loan?
If a lender says that you have a valid pre-approved offer, this means..... Read More
How fast can I be approved and when will the money arrive in my account?
Different lenders have different approval times, you can get an idea of this from our same day pay out page. Read More
Why have I been declined for a loan?
There are several reasons you may have been declined for a loan, these could include... Read More
Is there a cooling off period?
By law you have a cooling-off period of 14 days once your loan has been paid out. Read More
How do I find out my credit score?
To find out your credit score, this is most easily done with a multi-agency credit report. Read More
How do I repay my Loan?
Your loan is repaid each month typically via direct debit. Read More
What does interest mean?
Interest is one of the main costs of borrowing expressed as a percentage of the amount you have borrowed. Read More
What does APR mean?
APR stands for ‘annual percentage rate’ and it shows how much interest is charged over the course of a year. Read More
