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NEMO personal finance

Joe90
Joe90 Posts: 8 Forumite
in Loans
Hi Everyone, haven't posted for ages cos just been trying to muddle through but can't go on like this anymore. I'm thinking about taking out a secured loan of 25K @ 8.9% with NEMO personal finance has anyone had any dealings with them good or bad??

Comments

  • jmf293
    jmf293 Posts: 3 Newbie
    Recently took out a loan with them myself. So far they seem fine. I made sure that I would be allowed to pay back lump sums without penalty, and that the interest would not be 'front loaded' to the loan. Also, DO NOT take out their PPI. If yu need it, take it out seperately.
    If you need any other information about PPI, there are plenty of threads on the boards about it.
    Hope this helps,
    Jo
  • Joe90
    Joe90 Posts: 8 Forumite
    Thanks for your reply Jo i think I'll go ahead.
  • Giggilicious
    Giggilicious Posts: 28 Forumite
    Yeah i work within the financial industry and Nemo are one of the better non high street lenders. I wouldnt have a worry but like JMF said, it is always in your best interest to take out PPP externally from the lender (any lender)
  • MrsTinks
    MrsTinks Posts: 15,238 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Name Dropper
    DO NOT NOT NOT touch their PPI with a bargepole!!!
    DFW Nerd #025
    DFW no more! Officially debt free 2017 - now joining the MFW's! :)

    My DFW Diary - blah- mildly funny stuff about my journey
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