Example: Loan amount: £300
56 weekly repayments of £9
Total amount payable £504
Typical 183.2%
APR
How are agent collected loans different to other loans?
An agent collected loan is collected in person each week by an agent from the
lending company. Our agent collected loans are collected by trained, friendly
agents - many of whom were our customers before they started to work with us,
so they have personal experience of agent collected credit. So for a start, our
agent collected loans are different to normal loans because they come with this
level of personal contact.
Agent collected credit also differs from a normal loan in that we are more
interested in people's current ability to repay a loan than in their credit
history. So it is possible to get an agent collected loan even if you have a
poor credit rating or County Court Judgements. If this is the case, you are
more likely to qualify for an agent collected loan than for a normal loan from
a bank or building society.
Finally, agent collected credit gives you the option to borrow small amounts -
we offer agent collected loans starting from just £50.
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