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Michael S.

Contributor Level

Total Points
84

1 Review by Michael

  • Unsecuredloancompany.net

10/9/10

Do not go anywhere near this company. They will tell you that your loan has been approved - then they will ask for the broker fee, then 2 or 3 days late they tell you that your application has been declined. This is all done through their web protal as they are "too busy" to speak on the phone - they don't like "constant interuptions on the phone". That is a warning sign to you all - any respectable broker WILL speak to you on the phone,
Don't get me wrong, they do a lot of work on your behalf - but that involves offering high interest credit cards (Provident) payday loans and debt plans among others, They will then tell you that they can't refund the money because of all the work they have done.
If anyone has paid the broker fee and not received a loan then you are legally entitled to this money back (less £5) once 6 months has passed. You can action this through your bank (not sure how it works on credit cards, but I assume it would be a similar way)
My advice DO NOT PAY ANY MONEY TO AN ONLINE LOAN BROKER - A GENUINE BROKER GENERALLY TAKES THEIR FEE FROM THE LENDER. CHECK THE YELLOW PAGES FOR A HIGH STREET BROKER, GO IN AND SPEAK TO THEM FACE TO FACE. THEY ARE MORE LIKELY TO BE ABLE TO HELP. Remember, if you have struggled to get finance already the unsecured loan company will probably be unable to help too. STAY WELL AWAY FROM THEM

Michael Has Earned 4 Votes

Michael S.'s review of Unsecuredloancompany.net earned 4 Very Helpful votes

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