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Hot Topics
- What kind of loan should I get?
- Which loan you choose depends entirely on what you need it for. There are many different kinds of loans, depending on where you buy them from.
- What do you accept as income?
- When you apply for a loan you will have to state your regular income.
- 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
- How do I make repayments and can I choose my monthly repayment date?
- Your repayments will normally be taken from your bank by direct debit on a monthly basis. This means that you must have enough cleared funds in your account on the due date, or the payment will fail and you will have missed a payment.
- I’m self-employed, am I still eligible?
- Self-employed loans used to be difficult to find and expensive. But today, now that more and more people are working for themselves, self-employed loans are widely available and, as interest rates have fallen to their lowest in years, more affordable.
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.
Career change loans are ideal to finance you through a transition time. Perhaps you are going back to university or college to retrain into a different profession, or you have decided to go freelance or become self-employed. In either case, you will not have a regular wage coming in for a while and you will need some money to cover the rent and other bills and costs.
The good thing about career change loans is that they can often be negotiated so that you don't have to start paying them back for a few months, even up to a year. This will give you the opportunity to get back on track with a new skills and a new career.
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.
- Adverse credit and finance ?
- What exactly is a personal loan?
- If i decide a personal loan is best which type of lender is best ?
- I live at home can i still get a loan ?
- What if I die before my loan is paid off?
- What if I already have a loan or a mortgage secured on my home ?
- What do you accept as income ?
- What if my loan application is not accepted ?
- What happens if i am suddenly injured or taken ill ?
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