YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT
AND INCREASING THE TOTAL AMOUNT YOU REPAY.
Rates from 7.1% APR, to 26.4% APR are available, our highest rate is for customers with severe credit problems. 15.8% APR is typical (for example purposes only) but
subject to status. Calls may be recorded for training purposes. A fee of 0% up to 15% may be charged. The Loans processes all loan applications.
Data protection License: ZA026964 - CCL licence Number: 650887
Your loan APR is tailored and personalised to you based on a number of factors like your credit status, loan to value, job status and loan amount required. So clean status applicants
can be offered a low APR,and applicants who have a blemished credit history may still get a loan, albeit at a higher APR.
We won't perform a hard credit search (which will register on your credit file) unless you are actually accepted and you proceed with a loan. At application stage we perform a SOFT SEARCH meaning
this will not affect your credit profile.
Many other lenders will ask you to pay for the valuation costs required when applying for a secured loan. We have to ensure your property has enough equity to secure your loan, and this is only possible
by employing a valuation surveyor, but don't worry - there are no upfront fees.
We offer low rates for good and poor credit, and lend up to £500k, apply today for a decision within 25 minutes on a homeowner loan. Not everyone who applies for a loan with us will be accepted. But we try our highest to accommodate
every applicant, even with poor credit. There are a few requirements we need to formally offer you a secured loan on your property. 1 is that you must show an ability to pay the loan repayments within the time space chosen.
You have to be employed (PAYE) or self employed, or have a fixed income, be over 21 and from UK (Limited options for Scotland and Ireland). Each case we appraise on its own individual merit, which is good news for you as
we are able to permit applicants from nearly any credit environment, as long as you have enough equity within your asset. The personalised APR charged, and our competence to make virtually immediate decisions, are just
2 reasons why thousands each year choose us when looking for secured loans to finance their next move in life.
Interest Rates on your Secured Loan
The public still think finance companies offer static interest rates on secured loans, and you just have to choose the one that seems the cheapest. This is certainly not the case anymore in the 21st century. Things have changed
considerably, applicants used to seek out the best looking rate advertised in the local village or towns high st before applying for what they considered was the best looking choice. However its now very different and rates
are now presented on a sliding scale that best suits the risk profile of the borrower. So if you have poor credit and low equity your interest rate will be high (in some cases 29%). But if you have a golden credit background
and say 40% equity in your house, you will be offered a much better interest rate on a secured loan (maybe only 7% - 8%) The more risk you pose to a lender the higher your interest rate will be. You will find examples in
our calculator info section. This is only a guide but is designed to help you understand the repayment and interest process. A tip: the longer period you borrow money over, the more interest is then added, so you actually
find the loan can become increasing more expensive longer term, so be careful.
Secured Loans used for Consolidation
Special Rates for homeowners with any credit history considered you will receive a decision in less than 30 mins, and instant online quotes. These options are some of the many services available to you. Unsecured lending can
be very high in interest, and in our current financial climate; it's easy for people to miss some expensive repayments and fall behind with financial obligations. Securing debt using a property as security can reduce your
weekly or monthly outgoing by a long way. We are privileged to have helped so many individuals over the past 8 years like Miss Shelby from York reduced her outgoings by £812 p/m, and Mr Smithons from Bexley reduced his
monthly payment by £411. Interest rates are always determined by your own circumstantial risk factor and personal profile. But you will discover cheaper than most high street lenders. Try us today, and obtain a free no
commitment quote, and maybe you could benefit from reduced monthly obligations too.
We offer 2 document retrieval services, we offer a home collection service where our agents will physically collect your id, and bring along the documents for you to sign. Or we offer a paperwork pack, sent through the post. Please complete all documents and send it back in the prepaid envelope provided if you choose this option. Your loan can be dealt with quickly if all documentation is correctly completed, and sent promptly.
2. I'm worried about sending original documents; such as my passport etc.
If you choose the posted pack option, we provide a freepost envelope, which you can use to return your signed loan documents. However If you feel unsure about sending original documentation in this envelope, please visit your post office and request a Royal Mail Recorded Special Delivery.
3. When will I get my money?
This relies on when we receive your signed and completed pack + requested items and proofs. Usually you will receive your funds within 7 days after receiving this information. Funds are either transferred by CHAPS or sent by cheque depending on which lender your using.
4. Can I repay my secured loan early?
Yes, you can repay your loan early. The method of calculating the repayment can be found in your pack. Early repayment carries a small penalty cost.
5. What do I need to send back to you?
You will need to return your signed secured loan agreement documents; these can be found in the loan pack folder sent to you. In the letter accompanying the loan pack, we've listed certain items we need such as your identification and proofs of id like your passport etc. Please return these with your signed loan documents, as we'll need to verify this information before we release your funds.
6. How much will my loan cost?
The interest rate you pay on your secured loan reflects your personal circumstances. Any fees that we charge are listed clearly in your loan pack. If you are in any doubt, please contact us to run through all the figures with you.
7. Who should I ask to be my witness?
Your witness should not be a family member or someone who lives at your address. You should have known the witness for at least 2 years. They should also be someone you trust, as they will need to read parts of your loan pack and watch you sign certain documents to ensure the agreement is binding.
8. Can I top up my loan?
Usually this is fine, as long as you haven't borrowed the maximum amount you are eligible for. If you would like to make any changes like this please contact us directly.
Jim Teds, from Derby
After being riddled with debts after an expensive divorce, I got an affordable secured loan which was life changing. apple loans provided outstanding customer service particularly from the account manager who was very professional throughout, and is a great credit to the business - he understood my needs fully and suggested products that made a positive difference to my position. I was kept informed every step of the way and the quality of service was brilliant. The whole experience was unpredictably simple, well organised and helpful - thank you very much your help
Katy Ashdown, from Plymouth
apple loans were able to help us secure a loan right from the moment we applied online. As homeowners we needed one of the many secured loans out there to pay for a new conservatory extension. We had applied through another provider, but found them to be unhelpful (along with higher rates). This was a little shocking as we do have perfect credit, i was a bit lost. From the moment we applied, to the min we got the cash, apple were always there to help and explain the process, we are so happy with our new conservatory, and please we found such a genuinely good service, have recommended apple loans already to 2 friends !!
Louise Collins, from Sussex
Very impressed, this is our second time getting a secured loan, and apple loans made it easy, there always available on the phone, and we actually got our loan processed in just 12 days. Would not hesitate to recommend 10/10
Lawrence Jennings, from Welling
We defaulted last year on our credit card, i then found it virtually impossible to get any line of credit, really apple loans were the last resort. However, they accepted my within 1 hour for a £30,000 loan, i was totally shocked. We received 2 waves of paperwork in the post to sign, and the whole process was just easy. Everything was explained simply, and im now 8 month into the loan, and making regular monthly payments ensuring my credit STAYS in tack. I am so glad i was given a second chance to prove myself again, and would recommend apple loans to friends and family without hesitation, thanks so much
Paul Hobbs, from Blackheath
First class service Danny and Nick were a pleasure to deal with, ended up with a secured loan, and now a remortgage. They are truly a one stop shop, highly recommended - cheers guys
Our calculator is here for illustration purposes only, its designed to give you a rough idea of how the loan and repayment structure works. Please submit a full application for a personalised quotation based on your current tangible
financial position. We take into account your credit profile, current employment position, the equity in your home, and your overall ability to repay the loan. The initial credit search will not show
on your credit report, only when you accept and proceed will it show an official search on your file. Once we receive your application, you will be contacted by telephone to run through the rest of your application detail, and to answer any
further questions you may have. The underwriter will disclose your monthly repayments, and will then be in a position to email your new loan docs to you for signing.
(example of "Good" history) a loan applicant who is employed full time, with no arrears or CCJ’s, and has a small amount of unsecured debt.
(example of "Average" history) an applicant who is employed or self-employed with accounts, no mortgage arrears but is behind 2 months on a credit card.
(example of "Poor" history) an applicant who is employed or self-employed with no accounts, 2 months mortgage arrears, a CCJ and unmanaged unsecured or secured debt.
In all cases, you must ensure your mortgage plus requested loan amount when added together are less than 85% of the total property value to qualify for a secured loan with us. Please add together (mortgage balance + required loan then subtract from your property value to find your equity percentage)
In assessing a secured loan application for credit, enquiries
will be made about you including searching records held by Credit
Reference Agencies and by checking details with Fraud Prevention
Agencies. If you give us false or inaccurate information and
we suspect fraud we will record this. The Credit Reference and
Fraud Prevention Agencies will keep details of any searches.
Information held about you and by the Credit Reference Agencies
may already be linked to records relating to one or more of
your financial partners. For the purpose of this application
you may be treated as financially linked and your application
will be assessed with reference to any 'associated' records.
If you are a joint applicant or you have told us of some other
financial association with another person, you must be sure
that you are entitled to disclose information about your joint
applicant or anyone referred to by you. An association between
joint applicants and between you and anyone else you tell us
is your financial partner will be created at Credit References
Agencies and shall remain until a successful disassociation
has been registered with the Credit Reference Agency.
Your consent is required for us to disclose
details of the application and how you conduct your account
(including any default) to Credit Reference & Fraud Prevention
Agencies. This information may be used to help us and other
(a) assess the financial risks of dealing with you and other
members of your household
(b) to help make decisions on motor, household, credit, life
and other insurance proposals and insurance claims
(c) to administer agreements & insurance policies with you
(d) to help prevent or detect fraud, prevent money laundering
or other claims, recover debts and trace debtors and
(e) for statistical analysis about credit, insurance and fraud.
If you request home insurance we may pass information about
you to any organisation approved by us to enable them to arrange
and administer the requested plan and for the purposes of underwriting,
claims handling and fraud prevention (which could include passing
details to other insurers).
1) We now need to confirm that your request for a loan is genuine, and will need to speak to you over the phone. One of our underwriters will call you within 30 mins (business hours) to ask you a few remaining questions so we can help you further, please be ready to accept our call. However if you change your mind - please let our agent know so we can cancel your request.
2) Our advice is to not apply elsewhere until you have spoken to us, this ensures you don't accumulate credit searches elsewhere which could impair your credit.
3) We don't want to be 'just another loan company'. We are constantly thinking of new ways to improve our customer's journey, and how to save you money by offering unparalleled service. If there is anything you feel we could improve, we would welcome your comments:
The products and services available from our website are only available to residents of the UK aged 18 and over, and are subject to status. By using this website you are agreeing to our Legal and Privacy statement.
Who are we?
Apple Loans Ltd
Registered in England 08054059
Registered Office: St Johns Rd, Tunbridge Wells, Kent, TN4 9PH
Is a licensed credit broker under the Consumer Credit Act 1974. License number 650887
Your Personal Information
We will treat all your submitted information as private and confidential, except where permitted by law or where the disclosure is made at your request or with your consent in relation to arranging your loan or mortgage.
We will store the information about you on a secure server and in other records. We will only use this information for the purposes registered under the Data Protection Act 1998, this may include sharing your information with other selected companies.
Unless you state otherwise, we may refer your application by letter, e-mail or fax to offer other products which we feel may be of interest to you. If you do not wish to be contacted by any other companies we select for you, please write to the above address, or e-mail your name and address (subject: remove data) to firstname.lastname@example.org
Information Collection and Use
We may request information from you on our application form. A user must provide contact information (such as name, email address, home address etc) and in some cases, financial information (such as loan amounts, outstanding credit balances etc). Your information is used in consideration of your loan or mortgage application. Your application will be passed to Central Loans Ltd or any other partner company for processing and underwriting.
We or any company we refer your application to, may make searches about you with credit reference agencies who will supply credit information, as well as information from the Electoral Register. The agencies will record details of the search whether or not this application proceeds.
However, we will only perform a 'soft search' which will not affect your credit rating. If you decide to proceed with one of the loan options offered, then an 'full application search' will be performed. This will only be done on behalf of the lender once we have received your signed application form from you. Application searches may affect your credit score as they are used by lenders when deciding whether to lend you money.
We may use credit-scoring methods to assess your application and to verify your identity. Other companies may use the record of searches and any other information provided to the agencies if credit decisions are made about you, or other members of your household or finance associates. This information may also be used for debt tracing and the prevention of money laundering as well as the management of your account.
By stating a financial association with another party, you are also declaring that:
You are entitled to disclose information about your joint applicant and/or anyone else referred by you;
You authorise us to search, link and/or record information at credit reference agencies about you and/or anyone else referred by you.
Information held about you by the credit reference agencies may already be linked to records relating to one or more of your partners. For the purposes of this application you may be treated as financially linked.
We have formal complaints procedures to ensure that your complaint is handled quickly, fairly and efficiently; a leaflet with details of this process is available on request.
On receipt of your complaint (whether received by telephone, letter, e-mail or fax) the matters raised will be investigated by an independent Complaint Handler within the company.
If we are unable to resolve your complaint to your satisfaction you may have the right to refer your complaint to the Financial Ombudsman Service. Our staff will assist you with this.
Financial Ombudsman Service
South Quay Plaza
183 Marsh Wall
London E14 9SR