Anyone any experience of Norton Finance?

Miss_Fox_2

Hi
I am looking at getting a loan so I can consolidate my debts and before I go ahead and get one I just wondered if anyone had any experience of Norton Finance?
Thanks
x

Browntoa

http://www.mortgagestrategy.co.uk/latest-news/norton-finance-and-norton-insurance-services-placed-in-administration/1046985.article

Peelerfart

From their website -

"Consolidating debts may increase the term and total amount payable. Loans secured on property. A fee of up to 12.5% may apply."

Are you turning unsecured loans into secured loans Miss F ?

Miss_Fox_2

Ahhh... no I don't want to secure the loan on my property as it's a joint mortgage and the person I own that with is an ex ....

Any other options for getting a loan that isn't secured, but where they'll expect someone with a not-so-great credit score??

Miss_Fox_2

Crikey .... so going in to administration but still taking details from people who call up???

antrobus

Miss_Fox wrote: »

Crikey .... so going in to administration but still taking details from people who call up???

More the case that it was straight into administration and straight out again.

From the link supplied above;

A pre-pack saw another company, Norton Finance and Mortgages, buy the assets of the two insolvent firms from administration. The firm operates out of the same building in Rotherham and will retain all the staff of the previous company

The old Norton Finance has gone bust and dumped its PPI liabilities on the FSCS, allowing the new Norton Finance to carry on its business.