Collection Practices

The industry as a whole receives a lot of criticism about their debt collection tactics. Sometimes people struggle to pay the money back, especially if they’re on a low wage. Default fees and debt collection charges can turn a small loan debt into an astronomical one.

For those with out-of-control debt, it makes sense to view better alternatives. One example would be to consider a debt consolidation loan.

Quick Info

The Financial Conduct Authority (FCA) does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

Any property used as security, which may include your home or business (incl operating premises), may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Rolling out secured platform in phases (6 phases remaining). Report bug.

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Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
 
 
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