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Yes Loans
Hello everyone,never been accepted for a loan before so was pleased when yes loans rang to confirm i have been accepted and paperwork on the way.Just found out that a lot of people have not reiceved the loans so have lost the adminn cost.I would like to know will i be alright if i dont sign any paperwork,do i just send it back unsigned.Thanks for any help.
Cheers.
terry.
Cheers.
terry.
0
Comments
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Have you paid the admin fee? Yes Loan are brokers, they do not actually lend you the money but act as middlemen for loan companies. There is no guarantee that they will be able to get you a loan. The only sure thing is that they will be keeping your admin fee if you have already paid up.
AMDDebt Free!!!0 -
Don't fall for it.
You pay them. They take your money and there is no guarantee that you will get the loan and even if you do, it could be a terrible one.
Not all loans are good ones!
I would advise not to do it and take a step back.
What is the loan for? There are other ways of finding/making money than being ripped off by a pushy sales company (that's ALL they are!) trying to sell you poor finance."One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
Thanks for the replies,no i have not sent the admin cost,so will i just send the paperwork back.The loan was for 500 to just help with xmas.0
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For help with Moneysaving ideas for Christmas this year, take a look here.
If you are sending the paperwork back, make sure you make it clear that the loan is not required (big red letters may help?).
It's a good thing that you are turning this down. A £50 admin fee for a £500 loan is massive, and that's before you've even started to pay any interest.
Take a look at the Christmas boards. If you want ideas on anything specific, then they are full of ideas ove there!
Take care."One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
Please please please dont go with them. they are one of the worst mistakes I ever made. I was desperate a few months ago and paid the £50 admin fee and never heard back from them. After wasting loads of phone credit to them on their 0871 number they told me they coulnd t find me the money and i never got my £50 back0
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