Warning: Late repayment can cause you serious money problems. For help go to moneyadviceservice.org.uk

Late repayment problems. For help go to: moneyadviceservice.org.uk

Frequently Asked Questions

Do United Kingdom Loans charge a fee for the service provided?

To operate this service United Kingdom Loans receive commissions from Nouveau Finance Ltd.  It is important to recognise that we are a broker not a lender. A unique algorithm to match customers’ requirements is submitted to a panel of lenders which is based on the application details, applicant preferences, and the lenders product, but does not include the commission paid by the lender to us.  We therefore DO NOT charge our customers a fee for this service.

What is this type of loan?

Unlike a short term loan the quick loan product is usually a higher value loan, typically £100 to £5000. The money is paid back over longer periods of between 3 and 36 months which is the repayment term option available with United Kingdom Loans.

Can I apply for a loan?

If you are over 18 years of age, are a UK resident, in employment and receive a regular wage paid into a UK bank account then you can apply for a loan. We cannot however guarantee you will be accepted.

How do I apply for a loan?

You can apply 24 hours a day 7 days a week. If you are approved you will automatically be transferred to your individual lender’s website to complete the process. You then sign your loan agreement online and receive the money direct from the lender into your bank account.

Why is the APR so high?

The rules and regulations that govern companies like ours state that we must show you the Annual Percentage Rate(APR) and these are calculated based on paying a fixed amount of interest annually. The shorter term loans are normally taken over a maximum term of 60 days and therefore the APR is not the best way to measure how competitive our rates are.

How do I pay back my loan?

The loan repayments will be taken by direct debit on the same agreed date each month.

When can I get my money?

The length of time it takes to get paid will be based on the lender you have been matched with and the loan type you have applied for. If your bank does not support Faster Payments, in most cases the funds will be paid into your bank account the same day as approval.

Do you use credit agencies or credit scoring?

Yes, when submitting your application you consent for our lenders to run a credit check.

Can I apply with bad credit?

Absolutely, many of our lenders will consider applicants with less than perfect credit histories.

How will I get my money?

It will be paid directly in to your bank account.

If you have any questions that weren’t answered here please email [email protected]

I can’t repay the loan, what should I do?

If you are struggling to repay the loan contact the lender in the first instance. They will be able to offer you support, help and advice around how to repay your debt. If you need the contact details of the lender you have entered into an agreement with contact us at [email protected]

There are several, free debt and money management charities you can contact, including:

Step Change  /  0808 808 4000

National Debt Line  /  0800 138 1111

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United Kingdom Loans is a trading name of Rhumsaa Finance Limited.

Registered Address: Newport House, Newport Road, Stafford, Staffordshire, United Kingdom, ST16 1DA Company Registered Number 11508489 | Financial Services Register Number 843158 Rhumsaa Finance Limited is an Introducer Appointed Representative of Nouveau Finance Limited. Nouveau Finance Limited is authorised and regulated by the Financial Conduct Authority, entered on the Financial Services Register under reference number 727348, and licensed by the Information Commissioner’s Office under reference number Z3624187. 

If you are struggling with debt then you may want to contact Step Change or National Debt line for help and support, Step Change and National Debt Line


* If a lender match is made, an application may still be subject to credit checks and affordability assessments in line with responsible lending.

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.