FAQ's

What about if I have got a bad credit rating or CCJs (county court judgements) against me?
No problem, we can help almost everyone who has a bad credit rating or adverse CCJs against them who requires a loan.

What can I use a loan for?
The flexible nature of our loans means they're useful in a range of situations and for many different purchases. For example, making home improvements like building a conservatory you've always dreamed of, paying off an existing loan or for buying a new car, your loan can be used for what ever reason you want to use it for.

Can I borrow money to pay off existing loans?
YES - with our competitive interest rates you can save money by consolidating your outstanding debts in to one simple monthly payment.

How much can I borrow?
As long as you are a homeowner or mortgage payer you can borrow from £5,000 to £50,000 with repayments over 5 to 25 years so whatever your situation we can tailor a loan to suit your needs.

Could I really considerably cut my monthly expenses?
Many of our new borrowers reduce their outgoings with some by as much as50%. Contact us now to discover how much you could be saving each month.

Will I have to pay any fees?

No. We don't charge application, set up or valuation fees, or ask you to pay legal costs, even if you decide to extend your loan at a later stage.

Can I apply if I am self-employed?
Yes if you are self-employed or starting a business we may be able to help you - even if trading accounts are not available. In fact we might even arrange loans without proof of earning.

Can I apply if I have mortgage arrears or County Court Judgements?

Certainly whilst other companies may decline your offer we have access to a selection of Lenders who can assist those with County Court Judgements and mortgage arrears.

What happens if I want to repay the whole loan early?

If you decide to settle the loan early, then the amount you pay is calculated using a formula set out in the Consumer Credit Act. The formula ensures you get a fair settlement figure and that we, as the lender, are not penalised because you have chosen to settle the loan early.

Can I borrow more later on?
In most cases we can add to your loan during the repayment period, however you will need to contact our customer services department to discuss your personal circumstances.

Can I extend the term (period) of my loan?

In most cases you can extend the term (period) of your loan, which could reduce your monthly repayments. The maximum loan term can not exceed 300 months.

What are the benefits of extending the loan?
If you extend the repayment term of your loan you could significantly increase your disposable income each month. You will need to contact our Customer Care Team to discuss your personal circumstances.

Can I increase my monthly repayment amount?
In most cases you can increase your monthly repayments and reduce the term of your loan to a minimum of 120 months. You will need to contact our Customer Care Team to discuss your personal circumstances.

What if I lose my job or can't work for some reason?
We always recommend our customers to take out our Payment Protection Plan to protect your regular payments, just in case you fall ill, have accident or are suddenly made redundant from your job. The five year Plan will take care of all your payments if you become unable to work because of an unexpected illness, accident or compulsory redundancy.

What should I do if I'm having difficulty making repayments?
If you are having difficulty making your repayments we always suggest to talk to us as soon as possible, so we can discuss how we can help you work out a way to re-schedule payments or even extend the term of the loan in order to reduce the monthly payments.

What if I have been refused a loan?
We will try and help everyone who applies for a loan, however we do not want to lend to anyone who cannot comfortably afford the repayments, so we do have rigorous qualification criteria that works in the interest of both parties.

If your loan application has been declined, your Customer Account Manager will be able to offer you information on why we are unable to help you at that time.

How long will it take to process my loan?

A secured loan can take a little while to process but in most cases we are able pay you your money within a 14 day period of receiving all the necessary documentation.

How do I apply for a loan and do I need to provide any documents?
  • Your application can be completed over the phone and we'll normally tell you if it's approved in principle. We will then send your Loan Agreement out to you straight away for processing.
  • You will be required to provide some documentation, such as proof of income and evidence of mortgage payments, but we'll provide you with a simple check list so you know exactly what to do.
Will our mortgage lender want to know about our loan?
Probably yes, we will need to get permission from your mortgage lender. However, with your authority, we can normally get this on your behalf so that everything is kept as simple and straightforward as possible for you.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Your Details - Please answer all questions on this form as accurately as possible.
Title First Name Email Address
  Last Name Date of Birth
Phone number Mobile Number
Address: Best call time?
  Living status
  Employment:
Postcode GET ADDRESS Gross Income £
  Credit Rating
Your Borrowing Requirements - Please answer all questions in this section.
What kind of loan do you require?
How much do you wish to borrow? (min £5000) £ Repayment Period (months)
Data Protection Notice
TERMS & CONDITIONS

1st-for-loans.Fast easy online mortgage and loan service for UK residents. The 1st-for-loans website is an independent marketing website and not a lender. We pass on enquiries to financial service providers and cannot offer financial advice. 1st-for-loans is not responsible or liable for any financial service, loan or mortgage product obtained through a third party. A loan or mortgage enquiry from this website does not constitute an offer to provide a loan or mortgage.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
1st-for-loans is a trading style of Perception Internet Ltd.

DATA PROTECTION ACT 1998

I/we confirm that I/we have the consent of any third party whose details I/we may disclose to 1st-for-loans ("You") to disclose such details and to authorise You and the third parties referred to in the paragraph below to process such details for the purposes of assessing my/our application and administering and enforcing any subsequent loan which may be granted to me/us.

I/we agree that You and any lender resulting from this application (the "Lender") shall be entitled to use and process, by any medium, the information given by me/us in this application form and any other information about me/us which may be acquired during the lifetime of any loan ("the Data") for the following purposes:-

i. to provide the Data to and search the files of one or more credit reference or fraud prevention agencies whether before, or during the lifetime of any loan granted to me/us by the Lender, who will keep a record of such search, to confirm the Data, and for the purposes of credit assessment or account administration. I/we understand that You and /or the Lender will record false or inaccurate information if this is given by me/us and fraud is suspected.

ii. To disclose the Data to credit reference agencies when requested by them for consideration of any future applications for finance made by me or members of my household/family, or for fraud prevention and/or tracing debtors (the agencies may also disclose the Data to other lenders for these purposes)

iii. to disclose the Data to any other company within the Lender's group of companies and/or to any third parties (for example, debt counsellors and insurers) at any time for the purposes of assessing my/our application and administering and enforcing any subsequent loan whether during the course of my/our application or during the lifetime of any loan granted pursuant to such application;

iv. to disclose the Data to any third party who replaces or who may replace my/our Lender.

PREVENTION OF MONEY LAUNDERING

The Lender and other organisations may use and search the records of credit reference or fraud prevention agencies to check your identity to prevent money laundering, unless you have furnished other satisfactory proof of identity.

RIGHT OF SUBJECT ACCESS

Information held by us will be processed only for purposes for which we have registered under the Data Protection Act. Upon you making a request in writing we will provide you with a copy of the information which we hold concerning you on payment of a fee.

PERSONAL DETAILS AND DATA PRIVACY

By providing this information including telephone numbers and email addresses, you agree to be contacted in this way by 1st-for-loans , our marketing service partners , The Trading Floor and their clients.

If you proceed with your application the personal details which you submit to us (Personal Data) are held by 1st-for-loans for its own use. It is your responsibility to ensure that your Personal Data is accurate and up to date and to inform us of any changes that need to be made. 1st-for-loans may use the Personal Data for the purposes of contacting you by post, telephone or electronic means regarding your application or for a use that has been notified to the Office of Information.
Data will be handled in accordance with our Terms of Use
I have read and accept the Data Protection Notice above
sitemap Privacy Statement Terms and Conditions UK Secured Loans © 1st for Loans specialises in flexible and fixed rate personal loans, business loans debt consolidation, secured loan and unsecured loan uk
1st for loans uk 1st for loans right to buy mortgage 1st for loans mortgages loan and mortgage calculators contact us 1st for loans frequently asked questions protection advice 1st For Home Loans Repayments Page 1st for loans uk unsecured loans securd loans flexible rate loan fixed rate loans consolidation loan bad credit loan click here for holiday loans click here for uk car loans click here for home improvement loans click here for us loans