Aspire

Emma15

Hi guys,

Just wondered if any one can advise - im 24 and when i was young i decided that credit cards where the way forward and brought everything i had ever wanted... silly i know but i have learnt and am now paying for it!

i dont have very good credit and after looking under the Loan section on this website i have been accepted pending a phone call for a loan from Aspire to consolidate my debt - its not much but using the calculator (again on this website) it will take me near on 19 years to clear making the minimum payment! crazy right!

now by having this loan that will pay off my cc and only take me 3 years to pay back, which i thought was a no brainer... but after reading a few threads on here im slightly worried about Aspire's credability and a few comments about them have made me a little nervous about giving them my details or accepting their offer... should i be worried?

thanks a million

Emma

iolanthe07

Proceed with caution and do not give them your bank or debit/credit card details. They may ask for this for 'security reasons', but some of these companies then raid your account for a 'membership fee' or somesuch - totally unecessary. No decent lender or broker will ask for an up-front fee so never pay one.

Apples2

The reason it is a "no brainer" is because it all sounds too good to be true.

In other words, it's all waffle to rob you of your cash you aren't protecting. Aspire aren't going to give you anything other than a headache.

Here at Aspire Money we are committed to getting more for the users of our site. We achieve this by giving you special access to fantastic exclusive services with great benefits.
Please read this important information below before you submit your application.
Aspire Money will use the information you provide for the following purposes:

• To process the application or enquiry you have made;
• To cause a search or searches to be made, at a credit reference agency on yourself and any other named Person (s) on the application or enquiry. When credit reference agencies receive a search they will place a search “footprint” on your credit file whether or not the application proceeds.
• We will search at credit reference and fraud prevention agencies for information on all named Person (s) on the application or enquiry and their financial associates’; We will use the information provided to us by credit reference and fraud prevention agencies to help make credit or credit related decisions, to verify identity, for the prevention and detection of fraud and/or money laundering, and to manage accounts.
• The information which is provided to the credit reference and fraud prevention agencies may be supplied by credit reference agencies to other organisations and used by them to perform similar checks.
• To contact you or any other person referred to by you in connection to the application or enquiry you have made. You are, of course, under no obligation to apply for or take up any of the services or products offered
• On some occasions in order for Aspire to be able to find an offer it may be appropriate to negotiate the loan amount on your behalf. This will involve lowering the loan amount before being submitted to a lender.

Some of our lenders may undertake a search with Experian in order to verify your identity. Experian may check the details you supply to us against any particulars on any database, public or otherwise, to which they have access. They may also use the details we supply in the future to assist other companies for verification purposes. A record of the search will be retained by Experian but this will not affect your credit score and will not be seen by others.
If you are providing information about others, on a joint application, you must be sure that you have their agreement.
If you give us false or inaccurate information and we identify fraud, details maybe passed to credit reference and fraud prevention agencies.
Any other broker or lender to whom the information is passed during processing your application may use it in the same way.
Who we may disclose your information to:

• A lender or lenders in accordance with your application.
• Another broker if we are not able to arrange finance for you.
• Other carefully selected product providers in the future with a view to them offering you products they feel may be of interest to you.
• Regulatory bodies to ensure that we are processing information correctly and complying with regulatory requirements.
• Other legal authorities if required by law.

loopy.magic

Run away very fast in the opposite direction from this company !! Have you tried any of the mainstream banks for a loan?

There are lots of other ways to get your credit card debt under control, this forum has plenty of useful posts that will show you how. Are you able to pay more then the minimum amount on any of the credit cards? What kind of rates are the credit card companies charging you currently?