First Aid Finance Ltd: First for Secure Loans
Frequently Asked Questions
How Much Can I Borrow? Our secure loans range from £3000 to £250,000.
Will I get a competitive rate? First Aid Finance Ltd deals directly with the country's leading lending sources and we have more than 100 different loan products in our portfolio. Our rates range from 7.3% to 19.9% APR typical variable. We base our decisions on: how much you want to borrow, your credit profile and the equity in your property. Whatever your circumstances we are committed to finding you the best possible deal.
Over what period of time can I spread repayments? Secure loan terms range from 36 to 360 months. Our loans are selected for their flexibility and can be repaid early. We also have products that allow you to make additional lump sum payments.
Is my application confidential? Yes. We are regulated by the Finance Industry Standards Association and adhere to their strict confidentiality guidelines. We operate within the framework of the Data Protection Act and will not contact (or disclose any information) any third party without your prior consent.
How long will my loan take to complete? At First Aid Finance Ltd we pride ourselves on customer service and do our best to move the loan process along as quickly as possible. If you are able to provide all the necessary documentation you can receive payment within 10-16 days.
Are there any upfront costs or hidden charges? No. First Aid Finance Ltd believes in transparency. Any fees will be factored into the credit agreement, so we really mean it when we say No Loan: No Fees
I have a poor credit history, can you help? Yes. First Aid Finance Ltd specialises in helping people with a variety of credit problems including: CCJs, IVA and mortgage arrears. No matter how colourful your credit history; we'll do our best to find the right loan for your circumstances.
I'm self employed and my accounts are in a state; can I still get a loan? Yes. Even if you are unable to prove your income; we have a number of lenders who are happy to work on a self-certified basis.
Can I borrow more in the future? Yes. We sincerely hope that you won't have to, but should the situation arise; just call one of our advisors on 0800 0319464.
Can I protect my repayments against the unexpected? Yes. First Aid Finance Ltd is authorised by the FSA to arrange payment protection insurance to cover accidents, sickness and unemployment. Insurance is optional and we are happy to provide you with quotes including/excluding cover.
What if I decide to move house? You can either clear the outstanding balance from the proceeds of the sale or it may be possible to transfer the secure loan to your new property.
What will happen to my home if I fall behind with repayments? It's important to understand that will all types of secure borrowing; your property is at risk of reposession. However, it isn't in your lender's interest to make you homeless and most will work with you to reach an arrangement. Don't burry your head in the sand and if you foresee any difficulties contact your lender immediately to discuss your situation.
