Unsecured Loans FAQs
Why should I use Maxcroft?
Can you lend if I have a bad credit history?
Can you lend if I have a CCJ?
What can I do if you refuse my loan?
Will you consider my loan application if I have been refused by a high street lender?
Can I use my loan to consolidate other loans and credit?
Can you pay my unsecured loan in cash?
How long will it take to approve my unsecured personal loan?
Can I take out a joint personal loan with a partner or parent?
Why should I use Maxcroft?
Maxcroft are a long established family firm trading since the 1970’s. We offer a quick and friendly service and can often help where other loan companies have been unable to. Our rates are very competitive and our service is second to none.
Can you lend if I have bad credit history?
We take a view of individual circumstances and it will depend on the circumstances of the credit history and whether those circumstances have now changed. So talk to us to discuss your requirements.
Can you lend if I have a CCJ?
This will depend on the circumstances of the ccj and the status of it today. We do not make a blanket judgement about all ccj’s.
What can I do if you refuse my loan>
If we are unable to help you with an unsecured loan, we may be able to offer you a different loan such as a pawnbroking loan.
Will you consider my loan application if I have been refused by a high street lender?
Yes, we consider all applications and don’t necessarily use the same criteria as other lenders.
Can I use my loan to consolidate other loans and credit?
Yes, this may be preferential to you if it enables you to reduce the total cost of all your borrowing.
Can you pay my unsecured loan in cash?
Yes, once the loan has been approved it is advanced in cash on the same day.
How long will it take to approve my unsecured personal loan?
A loan application is normally approved within an hour. If not sooner
Can I take a joint personal loan with a partner or parent?
Yes, you can apply jointly for a loan with a partner, parent or friend.
Loans can be issued to joint borrowers who are prepared to be jointly responsible for the loan in every way.
More information about our Unsecured Loan Service
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Representative Example:
Borrow £1000.00 Pay £118.33 per month for 12 months. The total charge for credit is £420.00
The Annual rate of interest is 42% (flat fixed)
(The Total Amount Repayable is £1420.00)
The Representative APR is 97.9% (fixed)
Short-term loans should not be used as a long term financial solution. All loans subject to credit and affordability checks.
