Yes Loans

Sparkle78

Anyone used them?

Enfieldian

Don't.

They are a broker and will charge you a fee for doing f all.

Google them or search this forum for more info.

Try your own bank first.

Sparkle78

Just Googled them... not good! Just applied for a small Sainsbury loan but with bad credit, I doubt I'll get it! At least they spared me the usual "NO CHANCE" on the last window ha!

IceCreamDreams

I stupidly applied with them thinking they were an actual Loan company and Enfieldian is completely correct, they were a broker firm who charged me £39.95 for what they said was "guaranteed acceptance" - and all I got was a ton of sales calls from companies offering to help me with debt management. Big Mistake. Lesson Learned....:(

fishty

IceCreamDreams wrote: »

I stupidly applied with them thinking they were an actual Loan company and Enfieldian is completely correct, they were a broker firm who charged me £39.95 for what they said was "guaranteed acceptance" - and all I got was a ton of sales calls from companies offering to help me with debt management. Big Mistake. Lesson Learned....:(

Just as a point of interest, how long did they hound you for?

Enfieldian

fishty wrote: »

Just as a point of interest, how long did they hound you for?

For as long as you have the number you entered onto the application form.

If it was a mobile then you will get at least 2 texts a day from randoms.

IceCreamDreams

Yep, they hounded me until I changed my phone number - I got calls and messages from Debt Management companies, PayDay loan companies AND other broker companies (the cheek!) all day every day...

redqueen_2

Don't use them; they can't guarantee you a loan or quote you an APR as they are a broker, not a lender.
Don't give a loan broker either your bank details or debit card details.
Go to your own bank first, if they decline your loan then stop your search.
And yes, if you don't qualify for a loan, they will sell your data on to debt management companies and payday loan companies, but to be fair even the high street banks are selling on customer data generated from loan declines.

nanof6

Please don't get involved with this company or first money direct has they are the same company and took £139.99 from account i have been in touch office fair trading and finacial ombudsman only got my money back last week through my bank payback. these companies are scammers .

DermotFlanigan

They took £80 off me! They said I had been accepted and asked for bank details to pay the "loan fee"..

They took the money then sent me something from FHM Loans (or somthing like that) at £59.9% apr) when they stated 19.9% on the phone!!

Scammers! Please dont phone them!

BugsyBrowne

It still tickle me from this day how people spend most of their lives not paying back what they borrow then out of the blue some lender who go by the name of YES loans ring them up and say you have been accepted for a low rate loan.

Come on surely these people must smell a rat when someone are offering them a loan when they clearly know their track record for paying back bills is not the best..

Yes most people have £50 took off them but come on how many times have these people ducked and dived from getting out of paying £50.