yes loans

[dazz2000]

is this a good copany

[spacechimp]

I think watchdog says "no"

[andy-hughes]

Anyone can get a loan. I mean literally anyone. The only criteria is, what's it going to cost you.

Start with the best - banks and building societies, lowest rates, all above board, no chicanery, no problem.

Then on a sliding scale, the interest rates get steeper and steeper, the conditions more draconian, and with this kind of company they will not be cutting you any slack, giving you time to pay, or what ever. If they have a charge on your house to loan you the money, they will call it in. If you are unable to get a loan through a reputable financial source, there is probably a good reason why they won;t lend money to you. This is the kind of situation that these 'other' companies thrive on. It will cost you getting on for double what you borrow to pay back, so steer clear.

[dazz2000]

thank for the help

[dot.hawkes]

No,no,no,no,no,no,no,no,no,no, oh, and just to clarify, no.

[spacechimp]

So, in essence dot.hawkes, you think that it is a good company, yes?

[Oneeyedvic]

To be honest it depends what you mean by 'good'.

If you took out a loan with them and paid it off every month as you should, then yes, they are (probably) a good company.

If on the other hand YOU don' t pay your bill on time, then they will slap on charges and charge you higher rates of interest etc.

Personally, I get cheesed off with people describing them as bad - I think it is the customer who is the bad one. As consumers we are constantly told not to take shoddy service etc and to complain and get what we can from the company.

Why are there complaints when it happens the other way round?

As I said - if you keep to your side of the contract, they are fine.

[Jeanie Arse]

I wholly agree with Oneeyedvic. If you are quite convinced that you need a loan and are able to pay it back on their terms then it is up to you to decide whether to go ahead. The finance company does not force you to into a contract, the rates of interest are clear before you sign. If you cannot get a loan at the lowest interest there is a reason and no matter how unfair you may think it is, that reason does determine the rates. On a more positive note, if you do make the effort to repay a loan as requested, your credit rating wikll get better over the years - it is up to you to keep to your side of the agreement to fulfil this. Also, as an aside, you will no doubt get a stupid answer from Mrs. Loosehead with pearls of wisdom because she is so perfect her answer will be to not get in this situation in the first place - what a saint she is!!!

[andy-hughes]

You are welcome dazz2000. I realised when I re-read my response after it was posted, that I may have appeared to be condescending in my attitude, which was certainly not my intention. A large number of people use these companies, which is why they can afford media advertising, but it can be a dangerous move if you are in any way worried that you may be unable to make payments. One thing is certain, the conditions will be heavily weighted in the company's favour - as it should be - but we are answering your enquiry, not theirs, so we are on your side.

[spikeztruss]

they are admin fees earners ... never send them a pence unless you are in a mood of a fight.

[dazz2000]

thanks for all your help peps l wont be takeing the lone

[jules2006]

NO!! It is a total scam company. They give you a 'quote' over the telephone, give you all the so-called figures etc etc. Then you send them your �49.50 admin fee and thats the last you'll ever hear from them.

I would warn everyone to steer well clear of this company unless you enjoy throwing money down the drain. You will NOT get a loan wit hthis comany. Its a SCAM