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Instalment Loans from United Kingdom Loans
May 26, 2016

United Kingdom loans has finally arrived. We have been working tirelessly, behind the scenes to get our site ready. So who the heck are we and what are we going to be doing. United Kingdom Loans are an insalment loan brokerage. You will be able to lend sums of money up to £2000 and have the option to repay the money up to 18 months. Although there are still an abundance of short term, payday loan style operations prevalent throughout the UK, over time, there will be a move away from this high cost, short term loan models. Google has already laid down its marker with a ban on sponsored listing for 30 day loans and it other major search engines may also follow suit.

The key difference between instalment loans and payday loans are the length of time a lender will seek to recoup the finance. A typical timescale for installment loans can be 18 months and consequently, this can lower the APR in comparison to that of a loan that would be expected to be repaid over 30 days.  There is however still a high demand for short term loans. United Kingdom Loans has options for both loan types and with the option for us to automatically draw upon a panel of 40 leading instalment loan lenders the chance of being accepted for a loan up to £2500  can be good. We have an loan eligibility checker you can tap your details into that will instantly give you a percentage chance of what loan you could be expected to be accepted for. Once you have run the check, apply for your instalment loan, complete your details an submit your application. You will have an answer quickly and the lender who you are most suitably matched with will contact you in the first instance.

This is early days in the life of United Kingdom Loans.  Our aim is to provide a service whereby people will have the opportunity to access funding expediently online.  The site is in its infancy , but we have a wealth of experience to make sure our customers journey is seamless. Enjoy!

 

United Kingdom Loans does not make credit decisions and is not a lender. United Kingdom Loans introduces customers to Nouveau Finance Limited, who match customer's loan applications with lenders on their panel based on the information you provide. United Kingdom Loans may receive commissions for introductions. This website does not directly endorse a particular product or service. Information on our website should be taken as opinion only. Loans for UK based customers only. Loans are subject to status and satisfactory affordability checks. Over 18's only. Default charges may apply if you do not repay on time. Short term loans are not suitable for longer term borrowing needs.

Consumer Advisory:
United Kingdom Loans is a loan matching service. This website will submit the information you provide to a direct lender. Upon a loan approval, a direct lender may require further information from yourself which will be collected after we transfer you to their website or they may contact you via phone or email or both.

Auto Decisioning
Auto Decisioning allows lenders to make a decision on your loan application without the need for human interaction, for more information please contact your lender or see their privacy policy.

Non Payment Implications
The implications of non-payment of your loan could include adverse details being included in your credit report. This could adversely affect future attempts at securing credit or finance, in additional to further charges potentially being added by the lender. Where you miss a payment entirely, you will often incurr a charge / fee that will be added on to the total amount that you owe. Upon a missed payment, lenders will often try to contact you by telephone or letter in order to recover the funds and they may be able to arrange a new repayment date with you. If you are struggling, or think there is a possibility that you will not be able to meet repayments, Rhumsaa Finance strongly recommends that you contact the lender in the first instance.