Secured and payday advances, guarantors and overdrafts

Understand the most useful credit choices for you personally.

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Checklist before you apply for a financial loan

No real matter what sort of loan you’re hoping to get, just just take some time for you to get prepared before you sign the contract.


  • Guidelines along with your liberties: you will discover information that is helpful this site and these links:

Check Always:

  • Your total financial obligation: The credit contract should let you know the amount that is total will repay, including admin costs, commercial collection agency costs and all sorts of interest. Ensure your agreement has this information and you also’re pleased with it.
  • Protection: Will your property, household or car things be utilized as protection for the loan? In the event that you don’t keep within the repayments, the lending company might be permitted to repossess what’s detailed as safety. The lending company cannot just just take specific items as protection, eg beds, cooking utensils, medical gear.
  • Charges: Read your agreement’s costs area, eg establishment (set-up) charges, regular admin costs, belated and default costs. A broker fee shouldn’t be added to your loan if you’re not using a broker.
  • Credit-related insurance: Optional, but frequently provided by loan providers. For example re re re payment breakdown or protection insurance coverage. It is not the same as insuring something, eg vehicle insurance coverage for a car purchased on finance. Read more ›
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