Payday Loans – Speed Loans - Express Loans
This type of loan is extremely helpful if you need a small amount of money for a short period of time, unfortunately this type of credit facility usually has very high interest applied and if the repayments are not made, the interest can quickly spiral out of control. If you feel that payments will be missed, contact the lender as soon as possible as they may be able to help.
If after contacting them, the creditor will do little or nothing to help, we can review your situation and make a reduced offer of payment to clear the outstanding debt. We deal with this type of debt in the same way we deal with any unsecured loan, which is to make an offer of repayment based on what you can afford.
It is important that you contact us or get professional debt advice from your debt adviser as quick as possible if you are unable to make repayments to this type of debt.
Log Book Loans
When you take out a log book loan you sign a contract securing the debt against your vehicle, if you fail to maintain the repayments your vehicle can be taken by the company you borrowed money from and sold in order to settle the debt.
Like any secured loan, we cannot make a reduced offer of repayment to the creditor but if you have other forms of unsecured credit, we can review you financial situation in order to reduce the repayments down, freeing up income so you maintain the payments to your log book loan.
It is important to contact us or speak with your debt adviser about this as soon as possible.
