"Can
I alter the loan amount or repayment period?"
Yes, just phone and 1st Stop Loans Direct will send your new
forms immediately.
"Can
I borrow more money in the future?"
Yes, 6 months after 1st Stop Loans Direct have completed your
loan, provided you have maintained regular payments.
"Is
my application confidential?"
Yes. All enquiries are dealt with through the post and 1st
Stop Loans Direct do not approach employers for information.
"What happens if I want to settle early?"
You can do this any time and will receive a rebate against
future charges in accordance with the Consumer Credit (Rebate
on Early Settlement) Regulations 1983 (Some lenders early settlement
charges are actually lower than the regulations require).
"What
happens if I am ill, have an accident or am made redundant?"
An optional insurance scheme is available to cover your monthly
repayments if you are unable to work owing to sickness, accident
or unemployment. . . and it does make sense to cater for the unexpected.
Simply ask 1st Stop Loans Direct for full details.
"Are
there any extra costs or fees upfront?"
No. With 1st Stop Loans Direct the figure on your credit agreement
is the amount you pay, nothing else.
"Can I pay more than the agreed monthly
instalment?"
Yes - With most of 1st Stop Loans Direct lenders you are able
to do this and are charged interest only on the amount you owe,
at the end of each month.
