Loans - Many Types Of Loans Available

Since our brand first appeared in 1996, customers only wanted to borrow until payday, 1 month loans were the norm for high street customers. 25 years on and the needs of the borrower has changed. Now customers demand flexibility, opting to choose the parts of the loans they like, and leave out the parts that they don't.

This page gives a brief rundown of the different types of loans you can apply for on this site.

Payday Loans are painted as the lending industry's version of the bogey man. It's usually painted as bad news by people that want to virtue signal their own goodness for free publicity.

The truth about Payday Loans is quite different, you pay the money back over 1 month. That means you are not paying interest over 2,3,4,5,6 months.

Instalment loans became more popular as people decided that they wanted to borrow more than £500. Whilst not unusual for borrowers to borrow £1000, and then pay the balance in full at the end of each month. Most wanted to split their repayments over several months.

We've all heard of interest-only mortgages, but welcome to a relatively new product that is "interest-only loans". APRs starts from as little as 17% APR. A maximum of 12 months interest-only is allower before repayments of the balance must start.