John ByrneIndependent Customer Review
If this is your first time applying for a personal loan, or it's been some time since you made an application, it's understandable that you may not be aware of what's entailed. Top Rated Personal Loans wants to ensure that all applicants know what to expect during and following a loan application, which is why we have put together a short video explaining the important elements of the application process.
Regardless of whether you've taken a loan out in the past, or this is your first time, there can be a lot of confusion in the world of finance. Some may struggle to ascertain how much will be paid back, whereas others are unsure of who to turn to when they're in need of a personal loan.
As well as offering a simple application process, Top Rated Personal Loans also prides itself on working alongside some of the best lenders in the industry, and offering customers competitive rates on loans.
Our aim is to get you the best loan at the lowest rate, it’s that simple.
44-46 Windsor Road,
You may be interested in taking advantage of the offers Top Rated Personal Loans has to offer, but you're still not sure as to where to stand in relation to your credit history. While some people may have some financial setbacks in the past, this doesn't always mean that a loan isn't available. While those with County Court Judgements can't be considered, there are those who may assume that their credit report is more detrimental than it actually is. If you wish to find out more information about your credit file, you can visit one of the following official credit check companies to review the information they hold about you.
As well as reviewing your current financial standing, it will also allow you to rectify any inconsistencies.
Those who are unsure of whether they're registered on the electoral roll can check via the Government website.
To ensure that you are eligible for a personal loan, applicants should meet the following criteria:
Applying for a loan with Top Rated Personal Loans is a straightforward endeavour. All you need to do is complete the online form and you will be matched with lenders that are able to offer you a loan. During the application process, the lender will ensure that you fully understand the terms and conditions of the loan, including the repayments and the interest being charged.
The amount that a lender will offer an applicant can vary based on many factors, such as their term of employment and any current credit commitments. Lenders generally offer personal loans from £1,000 to £2,500, but will use the information given to ensure they are lending money responsibly.
The term of the loan can vary depending on how much you're looking to borrow. Loans under £15,000 can be paid with a year, but you may opt for a longer term. Loan terms can vary between 12 to 60 months.
In layman's terms, a representative rate is an overall snapshot of what lenders can expect to pay in interest. However, as different lenders will meet different levels of criteria, this can alter dramatically.
In order to apply for a loan with Top Rated Personal Loan, you will need to have the following information to hand.
Details of your income, along with any amounts you must pay in relation to rent or a mortgage.
A home telephone number (must be a landline)
Details of your residence over the last three years
The name and address of your employer