FAQ's
Q: I have contacted loan companies before and have ended up getting
umpteen unsolicited calls from 'Debt Advice' companies, will this happen if I
contact 'Pure Secure Loans'?
A: No. We value your privacy and we
take pride in our integrity. We see no reason in making 'a quick buck' by
passing your details onto firms who care little for your wellbeing. We comply with the Data Protection Act 1998.
Our ICO registration number is Z9833619.
Q: How much can I borrow?
A: Ordinarily any amount between £3000
and £250000. Of course, this is dependent on your status and the equity in your
home.
Q: How quickly can it all be done?
A: An average case will take about 2
weeks from initial contact from the broker to you receiving the funds into your
bank account.
Q: What if I want to repay my loan earlier than the agreed term?
A: You can repay the balance of your
loan at anytime during the term. Usually this will incur a cost, but more often
than not the cost will be 1 month’s interest. Detail of this will be clearly outlined
in your loan agreement.
Q: What if I change my mind and decide to not go ahead with the
loan?
A: You are under NO OBLIGATION to take
out the loan and you can cancel or change your mind at any time during the
application process. You will NOT incur any charges or costs for doing this.
Q: Some companies’ charge an initial fee for sourcing a loan and
offer 'guarantees' that they have found a suitable lender. Do you do this?
A: No. There are no fees charged prior
to taking out a loan. We do not guarantee that you will be accepted and we do
not profess to know what a lender will decide before they run a credit check.
You will only pay the monthly fee that is quoted to you.
Q: Can I use my loan for any purpose?
A: Yes, it is your money and you are free to
do what you wish with it.
Q: How quickly will I get a decision?
A: Once you have been contacted by the loan
broker, a decision in principle can be obtained almost immediately.
Q: What should I expect my interest rates to be?
A: Rates are dependent on circumstance,
status and the lender. 'We have access to every major secured loan
product in the market and aim to find you the lowest rate available. What we will not do is entice you in with a promise of a low rate and then hit you with an 'eye watering rate' rate the end of the application.
Q: I have had credit problems in the past and I don't think I could
get a loan. Is it worth contacting you?
A: Yes. Although the market is a lot 'stricter' than it used to be, there
are still lenders who will look at 'adverse credit' applications. Very often it
is down to the underwriters and their skilled judgement on such matters.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME
MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR
ANY OTHER DEBT SECURED ON IT.
Copyright (c) 2010 www.puresecureloans.co.uk. All rights reserved.
Pure Secure Loans is registered with the Information Commissioner's Office
Z9833619
