Holiday Loan - Personal Loans from Potential-Credit

Posted by Potential Credit
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Jun 18, 2016
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Some family holidays to the sun; others are family reunions or trips to the Arctic Circle. When you’re planning your ‘Big trip’ we make it as convenient as possible to get a loan for travel with our online loans. You can apply; get approval and drawdown the loan entirely online in 3 hours. Alternatively talk to one of our helpful advisers in branch or over the phone about a Travel Loan. They’ll help with the application and can usually give you a decision on the spot.
Although we aim to provide a decision within 3 business hours, this period may be extended for technical or other legitimate reasons. Our business hours are Monday to Friday from 9am to 5pm, excluding bank holidays

New customer, don't bank online with us

You can apply for a personal loan in your local branch or over the phone

 Our Personal Loans Advisors can discuss with you regarding our options and help with your application as well.

We will advice you on how to pick the amount that suits you; more importantly, the amount which you can pay back without much of a stretch.

When you're applying for our loans you can tell us about a repayment schedule that will suit you, such as planned repayment holidays, e.g. take a break from your repayments for Christmas. Scheduled flexible repayment options may impact on the amount and/or term of the loan

As money lenders, we have no penalty for unscheduled repayments

Our Personal Loan Features and Benefits

  • Scheduled flexible repayments
  • When you're applying for your Personal Loan you can apply for a repayment schedule that will suit you, such as planned repayment holidays, e.g. take a break from your repayments at Christmas or summer holiday time. Scheduled flexible repayment options may impact on the amount and/or term of the loan
  • No-penalty for unscheduled repayments

How much can you borrow for your holiday?

As money lenders, we issue Personal Loans basing borrower’s ability to make regular repayments. It's important not to overstretch your finances and to take into consideration the possibility of future unexpected expenses.

The interest rate on Personal Loan is variable and may change. However, your regular repayments stay the same, so if interest rates rise during the loan term, you will have to make some extra payments at the end of the term. If the rate on your loan falls, you may pay off your loan earlier. Lots of money lenders give clients option of paying back their loan early or make unscheduled repayments through our branch or Internet Banking at any time with no penalty.

Our Long term personal loans are known for their long duration. As Money lenders, we are simply accessible for those people with good credit account. These loans generally carry high interest rates in comparison of other Long Term Personal Loans. You also need collateral or security to access our loans. In case, the borrower is unable to repay the borrowed amount to the lender, the lender can repossess the property of borrower.



 

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