Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable)
Oyster Loan is a UK based online loan broker, offering personalised advice on secured loans. These loans are easily accessible in the UK through an online application procedure in which no paper work and no faxing needed from the borrowers. We have brokering expertise in introducing the customised deals on secured loans for the UK people in an exciting way so that they can meet their requirements.
We have an expert team of loan advisors, who have rich experience in guiding borrowers in their crunch financial times in finding out the finest deal on secured loan. Besides that, we ensure that our specialised brokering services are reaching to all borrowers irrespective of their adverse credit ratings.
We are one of the emerging loan introducers in the UK marketplace probably because we pick only those lenders, who do not have cumbersome application process for secured loan. During the financial emergency, people look for an instant monetary assistance. Therefore, short term secured loans based upon online method are the best way to receive funds in a hassle-free way.
The secured loan is not only providing sufficient monetary help to the borrowers, rather it also helps in improving their bad credit score into a good one. At Oyster Loan, we bring out a flexible repayment option on secured loans for bad credit people, which certainly ease more pressure from their shoulders.
Our experienced loan advisors are always concern on the financial compulsions of bad credit people and therefore, they search in a personalised way to find the sufficient as well as efficient monetary help through secured loans for the people with bad credit.
Oyster Loan is indeed an ideal place where one can find out the solution for both the long term and short-term monetary problems. Short term loans, which we suggest, are available on flexi interest rates, which are quite suitable to the financial capacities of the borrowers. Many people have been benefited from our viable guidance on these secured loans and able to save themselves from financial drench. Therefore, you can also get the perfect solution for your financial trouble by finding the finest deal on short term secured loans for the UK people.
Note: All Loan approvals & Quotes are subject to Credit Score and Affordability requirements by lenders.If you meet the lender's criterion, they will be more than happy to lend you money.We as a broker make all efforts to process your application with the most suitable lenders in our panel.
OYSTER LOAN IS A LICENSED LOAN BROKER AND NOT A LENDER. The Website registered in The UK and is Authorised and Regulated by the Financial Conduct Authority (FCA).WARNING: LATE REPAYMENT MAY CAUSE YOU SERIOUS FUNDS PROBLEMS. FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK.
Oyster Loan does not charge any fees. If you are contacted by anyone claiming to be from Oyster Loan and request you to make a payment, report to www.actionfraud.police.uk.
All Loan approvals & Quotes are subject to Credit Score and Affordability requirements by lenders. If you meet the lender's criterion, you can borrow the money. We as a broker make an attempt to process your application with the most suitable lenders in our panel.
Contact your lender directly if you have any worries about making your re-payment. If you do not endeavour to do so you will be unable to arrange any payment options and where the situation remains unresolved (where you have not re-paid your loan), the lender can exercise their right to pass your details onto a third party collections agency. This agency will then work to recover your unpaid arrears (plus any interest accrued as a result of your non-payment).
Implications of Non-Payment
By not making your short-term loan re-payment on time, you could be subject to fees and penalties, which will be implemented at the discretion of your individual lender. The details of any charges that can be added to your loan re-payment amount will be detailed within your loan agreement and this will include the reasons why further charges may be added. If you are late in making your payment this could also have a negative impact on your credit score. Therefore, in order to avoid having to re-pay more than your original agreed amount, we suggest that you re-pay your loan on time. If you fear that you will experience difficulty in paying back what you owe, please contact your lender as soon as possible.
Where you feel that you will not be able to meet your re-payment date and will need to make your payment at a later time – you must contact your lender to arrange this. If you do not, it could be assumed that you are unwilling to re-pay your loan and therefore you could incur a higher fee or charge than you would otherwise have done by simply extending your loan term. A late payment fee usually amounts to anywhere between £1 and £100 and this will vary dependent upon your lender. However, we do not advocate the unnecessary extension of short-term loans and as a result we ask that you ensure that you will be able to re-pay any loan that you apply for. For more information, please read and understand the terms and conditions associated with your loan agreement.
We do not advocate the renewal of short-term loans however, in the instance that you wish to do so you must contact your lender immediately. You will often be charged the same rate of interest or fees for an extra month however; this will be charged on the full amount that you owe to the creditor (amount borrowed plus first month's interest). If you are late in making your loan re- payment or you fail to make the re-payment at all, your loan may be automatically rolled over thus automatically incurring further interest and charges. Any amount that you have borrowed you will be liable to re-pay so, please make sure that you only take out a loan if you can afford to pay it back in full.