FAQs

Questions

1. I can't find the question that I want to ask.

1. How do I get a loan application accepted?
2. How successful are bad credit loan applications?
3. What is the loan application process?
4. What kind of information do you need with my loan application?
5. I've had financial problems in the past; can you still help get my loan application accepted?

1. What is an Unsecured Loan?
2. How do I start an Unsecured Loan application?
3. What can I use my Unsecured Loan for?
4. How much can I borrow with an Unsecured Loan?
5. I have a poor credit rating. Will my Unsecured Loan application be accepted?
6. I am a tenant. Can I get an Unsecured Loan?
7. Can I use my Unsecured Loan for Debt Consolidation?

1. What is a secured loan?
2. What are the advantages of a secured loan?
3. What are the disadvantages of a secured loan?
4. Can you help with my Secured Loan Application?
5. How much can I borrow?
6. What is the difference between a secured and unsecured loan?
7. I have a poor credit rating, can I still get a secured loan?

1. What is a remortgage?
2. Why should I remortgage?
3. Will my existing lender charge me any fees?
4. What benefits will a remortgage offer?
5. I don't understand some of the technical remortgage terms, help!
6. I've got a bad credit history, can I still remortgage?
7. What are the advantages of a remortgage?
8. What are the disadvantages of a remortgage?
9. How long will I have to wait for my remortgage?
10. Can I use a remortgage to pay off other debts?

Answers

1. I can't find the question that I want to ask.

   That is no problem; our expert Loan Application advisors are just one phone call away and will be happy to answer any question that you might have.

   Call today on freephone 0800 980 4256 or fill out our Quick Enquiry Form for a callback.

1. How do I get a loan application accepted?

   You should be aware that not everyone can get their loan application accepted, as you will be subject to the lender’s requirements which you must be able to meet to ensure that you get your loan application accepted.

   The better your credit rating, the more chance you have of your loan application being accepted, whether it is a secured or unsecured loan that you are looking for.

   However, Loan Application specialise in helping those with a bad credit rating. And even if your loan application has been rejected in the past, we could still get your loan application accepted or be able to offer you a loan alternative.

   The best way to find out if we can get your loan application accepted is to get in touch with one of our Loan Application advisors. Call today on freephone 0800 980 4256.
   

2. How successful are bad credit loan applications?

   The success of your bad credit loan application will be based on a number of factors. The only way we would know if your bad credit loan application will be successful is if you get in touch with us. Our Loan Application advisors may be able to find you a bad credit loan application to suit your needs or be able to offer you a loan alternative.

3. What is the loan application process?

   Applying for a loan with Loan Application is simple. Either fill in the Quick Enquiry form to your right or take the Loan Application Test and we can give you a call back.

   You can also call us on our free phone number: 0800 980 4256. From there we will take control of the loan application process and try to get you accepted for a loan or offer you a potential loan alternative.

4. What kind of information do you need with my loan application?

   When we are going through your loan application, we will have to ask you a number of questions to see if we can get your loan application accepted. For example, we will need to know your employment history, residence and income. For further information about what we will need to know to carry out your loan application, call us free on 0800 980 4256.

5. I've had financial problems in the past; can you still help get my loan application accepted?

   We have a team of expert loan advisors who will always do their best to get your loan application accepted, and have successfully arranged loans for those suffering with a poor credit rating. 

   The only way to know if we will be able to get your loan application accepted is to get in touch with us directly. If we cannot help you with your loan application then we may be able to get you accepted for one of our loan alternatives.

1. What is an Unsecured Loan?

   An unsecured loan is a loan which is not secured against any asset of value, whereas a secured loan is usually secured against your home.

2. How do I start an Unsecured Loan application?

   The best way to start your unsecured loan application is to get in touch with us directly. You can either call us free on 0800 980 4256 or use our Quick Enquiry form for a call back.

3. What can I use my Unsecured Loan for?

   What you choose to do with your unsecured loan is up to you, and Loan Application will not place any restrictions on you. We often find that out unsecured loan clients use the funds to consolidate debt.

4. How much can I borrow with an Unsecured Loan?

   Unsecured loans are usually offered for any amount up to £25000.

5. I have a poor credit rating. Will my Unsecured Loan application be accepted?

   Because a loan is not secured against an asset, it can often make getting your unsecured loan application much more difficult if you are suffering from a poor credit rating. But each case is different, and we will still do our best to get your unsecured loan application accepted if possible.
   

6. I am a tenant. Can I get an Unsecured Loan?

   Yes, unsecured loans are available to those who do not own a property.
   

7. Can I use my Unsecured Loan for Debt Consolidation?

   Many of our clients have used an unsecured loan for debt consolidation purposes. If you credit card debts are out of control, you might find that you are paying high levels of interest in comparison to a debt consolidation loan. Always think carefully about whether debt consolidation is for you.

1. What is a secured loan?

   A secured loan, otherwise known as a homeowner loan, is a loan which is secured against your home. This means that if you fail to keep up repayments then your property is at risk of repossession. On the other hand, a secured loan is usually the best way to free up equity with a competitive interest rate.

2. What are the advantages of a secured loan?

   There are a number of advantages of a secured loan including a potentially cheaper interest rate in comparison to an unsecured loan. Therefore a secured loan can often a better way of borrowing money.

3. What are the disadvantages of a secured loan?

   The main disadvantage of a secured loan is that if you fail to keep up on the monthly repayments then your home is at risk of being repossessed by your lender.

4. Can you help with my Secured Loan Application?

   Loan Application are here to make it simple to get your secured loan application accepted. To start the process of your secured loan application, please contact us on freephone 0800 980 4256 or fill out our Quick Enquiry Form and we will call you back.

5. How much can I borrow?

   The amount that you can borrow with your Secured Loan is dependant on your personal circumstances, such as your house value and income.

6. What is the difference between a secured and unsecured loan?

   A secured loan means that you are borrowing money against an asset of value, such as your home. Whereas an unsecured loan is not secured against any asset, but as a result it will usually carry a higher interest rate.

7. I have a poor credit rating, can I still get a secured loan?

   Loan Application specialise helping those who have a poor credit rating so we will do our best to help you get your secured loan application accepted. For further information and to get your loan application started, call free on 0800 980 4256.

1. What is a remortgage?

   A remortgage is when you, as the borrower, change your current mortgage lender to another. The new mortgage (remortgage) will not require you to move homes and could save you money on your monthly payments.

2. Why should I remortgage?

   There are a number of reasons why a remortgage could be for you, but it is always advised that you seek expert help to see which remortgage deal is right for you.

   In theory, a remortgage can benefit you with low interest rates, as well as a chance to raise finance or consolidate your existing debts

3. Will my existing lender charge me any fees?

   As a remortgage means that you are ending your contract early with your current lender, it may mean that you are charged for doing so. But it is important to do you calculations correctly as you could also still save money in the long term.

4. What benefits will a remortgage offer?

   There are a number of potential benefits from a remortgage. For example, you could find that you save money on a monthly basis as a it could reduce your monthly mortgage payment.

   It also gives you the opportunity to raise finance by releasing equity in your property which can be used for any purpose.

5. I don't understand some of the technical remortgage terms, help!

   Our glossary page should help clarify any terms that you are unfamiliar with. For additional help and information please contact our freephone number (0800 980 4256) where our Loan Application advisors are on hand to offer assistance.

6. I've got a bad credit history, can I still remortgage?

   Yes, Loan Application may still be able to help you remortgage your home. Each case is going to be different, so the best thing you can do is contact us so we can start the process today. Call our Loan Application advisors today on freephone 0800 980 4256.

7. What are the advantages of a remortgage?

   There are a number of advantages to remortgaging your home, and the most common ones are to have a mortgage with a lower interest rate which will save you money.

   But remember that each case is different so please contact our Loan Application team today for further information.

8. What are the disadvantages of a remortgage?

   It is important that you are aware of any disadvantages which come with remortgaging your home before you agree to the new mortgage. For example, you could incur additional costs of transferring lenders and legal fees.

9. How long will I have to wait for my remortgage?

   We will attempt to get your remortgage application processed as fast as possible. But please be aware that processing times can differ as each remortgage application is treated as unique.

10. Can I use a remortgage to pay off other debts?

    Yes, one of the key advantages of a remortgage is that you will be able to consolidate your debt.