Q: How much money can I borrow?
A: There are several factors things to consider, including the clients
monthly income, the equity available within the property, and the
ability of the client to repay the monthly loan instalments. Our loans
can range from as little as �500, to �1 million pounds.
Q: Over what period of time can I spread my repayments?
A:
Our loans are available over periods ranging from 1 to 25 years,
allowing you to decide how to manage your repayments. The repayment
period is at you discretion, and is dependent on what you can afford
each month.
Q: What can I use the loan for?
A: Our loans are used for a number of different reasons, ranging from
the purchase of a new car or boat, through to the booking of that
holiday you've always dreamed of. Our loans are also used for the
purposes of debt consolidation. By consolidating all those monthly
repayments, into one more manageable, and smaller repayment, Lightloans
can help you manage your debts more effectively and save you money.
Q: What happens if I am ill and can't work, or am made redundant?
A:
With all of our policies, we offer the client the opportunity to insure
against life's little dangers. As no-one knows what is around the next
corner, this insurance offers complete peace of mind. Our team of
financial experts will be happy to talk about your requirements, in
order to find the right policy for you.
Q: Is my application confidential?
A: Yes, all of our applications are treated in the strictest confidence.
Q: Can I pay off lump sums, or settle the loan early?
A: We offer a variety of different repayment schemes. Our team of
financial experts would be happy to talk to you about the various
options.
Q: What happens if I want to move house?
A: If you wish to move house during the term of the loan, simply let us
know, and we can arrange for the balance of the loan to be transferred
to the new property. Alternatively, you can simply pay off the
outstanding balance of the loan from the proceeds of the sale of the
property.
Q: Can I borrow more in the future?
A: Top-up loans are very popular, and we would be happy to help you apply for one of these. Simply fill in the application form, and we'll manage the process for you.
Q: What Do I Do Now?
A: All you need to do, is fill in the application form by clicking here.
We'll contact the lenders for you, in order to obtain the loan
quotation that is right for your individual circumstances. We will
usually be able to give you a decision in principle within one working
day.
Q: What Is The Difference Between A Secured And Un-secured Loan?
A:
The main issue here is whether or not you are a current homeowner. If
you own your own property, we can offer you a loan secured against it.
If you are currently a tenant, our team of financial advisors will be
more than happy to discuss the various options that are available to
you.
Q: I have had problems in the past due to poor credit ratings, can Lightloans help?
A:
We have a team of advisors who specialise in finding the right loans
for you. If you have outstanding CCJ's, rent arrears, no matter what
there will be a loan out there designed to help you and our team of
professional advisors will be glad to discuss it with you.
Q: Which lenders do you use for loans?
A:
Because we are independant we are able to find the right deal for your
circumstances, this means we are not tied to giving you a loan that is
not necessarily the right one for you. Using our specialist system we
are able to choose the right loan for your needs, no matter who the
lender is.
Q: What APR will I pay on my loan?
A:
The APR on your loan will depend on a number of factors, such as the
amount borrowed, your credit rating and the lender. The APR can vary
depending on how much you would like to borrow and for how long. Our
loans start from as low as 6.9%, why not try our loan calculator to see which loan is right for you.
Q: If I complete the online loan application, am I under any obligation?
A: No, the online loan application merely provides us with the
information needed to obtain a loan quotation for you from the lenders,
you are under no obligation at any point in your enquiries until you
decide to go ahead with the loan that you feel is right for you.
Q: I am self-employed, can I still apply?
A: Yes, we have a team that specializes in finding the right loan for our clients who are self-employed.
Q: Can I borrow more later?
A: Yes, we can usually offer top-up loans very quickly. Simply complete the application form on this site.
Q: Can I repay my loan early?
A: You can pay off the outstanding balance at any time during the term of the loan.
Q: Can I repay more than the agreed monthly instalment?
A: Selected lenders will allow the client to pay lump sums towards the final repayment figure.
Q: What interest rates do your personal loans start from?
A: We can offer loans to clients from as little as 6.9%.
Q: Will you perform a credit search on me?
A: We would only perform a credit search on a user with their prior consent.
