669% APR Representative Representative example on a loan of £300 repaid over 3 months:
Total charge for credit: £ 417 Payable in 3 installments of £ 139
Interest: £ 117 Interest rate: 222% p.a.
loanfactory.co.uk is a trading style of Bizfella Ltd. Company registered address: Unit 13, Glossop Brook Industrial Park, Surrey Street, Glossop, SK13 7AJ. Registered company number 09219302. Authorised and regulated by the Financial Conduct Authority (reference number 719923). Data Protection registration: ZA107869
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 TAKING OUT A LOAN THAT IS SECURED AGAINST YOUR PROPERTY MAY PUT YOUR HOME AT RISK IF YOU DO NOT MAINTAIN THE REPAYMENTS.
Credit is available to person 18 years and offer. All loans are subject to status. A short-term, payday loan should be used for short-term financial needs only, not as a long-term financial solution. Never borrow an amount that cannot be repaid on your next pay period date. Missing repayments may have a negative effect on your credit rating and make it more difficult for you to obtain credit in the future.
The operator of this website is not a lender or short term loan provider and does not make loan or credit decisions. We are a credit broker, providing loan matching services and help connect consumers interested in obtaining short-term payday loans; installment loans; guarantor loans and secured loans in amounts between £100 and £100,000 with participating lenders or brokers in our network.
We do not charge you any fees to use our websites, services or products. Any commission received by us is paid by participating lenders or brokers if you choose one of their products or for referring you to them.
If you are matched with a participating lender or broker, you may be charged a fee directly by the participating lender or broker. Please be sure to read their terms and conditions before proceeding with any loan arrangement.
Not all lenders within our network can provide up to £100,000 and there is no guarantee that you will be accepted by a participating lender or broker.
We work exclusively with a selected group of lenders and brokers to offer you a range of credit and loan products. We may receive a percentage of the loan amount as a commission from a loan provider or broker if you take out one of their products and/or we may receive a fee for introducing you to them.
You can request details of these commissions or fees, by emailing us. We will then provide you with the precise amount of the commission or fee or, where that amount is not known, the likely amount. Please note that the lender or broker we direct you to may not offer the cheapest loan that is available to meet your needs.