Hot Topics

What is a Career change Loan?
If you are planning a change of career then it is likely you will experience either a big drop in or a total loss of regular earnings – and this is why people choose to take out career change loans.
What interest rate will I pay and is it negotiable?
Interest rates vary from lender to lender, and it all depends on how much you borrow, and over what period of time.
Should I get Personal Loan Payment Protection Insurance?
When you apply for a loan, you will be asked at the initial stages if you want personal loan insurance to be included in the agreement
What does it mean if my payment protection insurance includes cash back?
Some lenders offer a cash back scheme on payment protection insurance – by refunding all or part of the insurance premium after a certain time has elapsed.
I live at home with my parents, can I still apply for a loan?
If you live at home you are still eligible for a tenant loan – this is basically an unsecured loan in which you have no property to provide as security against the debt.

What happens if I am suddenly injured or taken ill?

To protect your loan repayments in case you are unable to work due to accident or illness, you will have to take out either personal loan or short-term income protection insurance.

Apply now

Most insurance companies will meet your payment schedule for you until you're well enough to go back to work, however this agreement will only last for up to 60 months. With accident or sickness you are normally able to make a claim as soon as the policy starts, but in some cases you may have to wait until you’ve had the loan insurance policy for 15 or 30 days. You will normally start receiving money after you have been ill for 30 or 60 days, however, some loan insurance policies will backdate the benefit to the start of your claim.

Make sure that the insurer is aware of any existing medical conditions you may have. Claims as a result of medical problem that you have had, or were treated for in the last year, will normally be exempt from cover in a loan insurance policy. This means that if you’re unable to work because of an existing condition, your claim will be turned down. When applying for the loan you will have to state any medical conditions – check in the terms and conditions to see what their policy is towards your own particular condition.


Risk Warning
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it. Security by way of a charge on your home may be required.
Think carefully before securing other debts to your home.