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EquiFinance

Hi, has anyone heard of this company? My mum has applied for a loan through Promise Solutions and this is the company that they are using.

I can't find any reviews or anything online so thought I'd ask here.

Thanks.

Comments

  • chanz4
    chanz4 Posts: 11,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    just by the name sounds like a broker
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    I just looked at Equifinance, the site is typical of the "Yes Loans" template for broker scam websites.

    The T&C's link goes nowhere, nor the Sitemap links.

    Sounds like disaster is unfolding.

    It took a loook at Promise Solutions instead....
    ???

    This thread may help

    https://forums.moneysavingexpert.com/discussion/1075433
  • Your Mum will know it's a scam when they ask her for their fee upfront (and don't fall for the claim that bank details are 'for verification only')!
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • Equifinance are a secured loan 2nd charge lender that have recently launched. As far as i am aware they have no links to these "scam brokers" mentioned. I also believe that they can only be accessed via a finance broker, ie Promise who whilst as the other post does state they have a "fee charging" dm company side to their business, they do not charge upfront fees for sourcing a secured loan.
  • geoffky
    geoffky Posts: 6,835 Forumite
    Just stay away from scum company's...i have a picture in my head of very very desperate people goggling stupid names to find a loan and because they have ripped everyone else off would even consider going with..goingtoripyouoff.com.....
    Its spending you must change
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
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