FAQs

Who is eligible to take out loans?

You are eligible if you are a UK citizen and your age must be 18 years or above. You should be holding all the documents whenever required by the lenders.

I am a tenant, what loans are suitable to me?

Unsecured loans are best suited for tenants or non-homeowners as they can take out the loans without collateral.

 

What documents are needed to take out loans?

To take out secured or unsecured loans, you need to provide documents of your income, bank statements, residential address and any other proof asked by the lenders for a particular loan.

How much amount can I borrow?

You can borrow depending on your repayment capability, credit history and the type of loan you opt for.

 

I carry a bad credit history, will I be approved?

Your bad credit or poor credit history and rating does not matter as long as you take out especially carved out loans such as adverse credit loans, poor credit loans and other such loans.

What are my repayment options?

You can repay a loan mount in short term or long term, depending on the type of loan you opt for. Your credit history and loan amount as well as repayment capability will also decide about your repayment options.