Warning: Late repayment can cause you serious money problems. For more information, go to MONEYADVICESERVICE.ORG.UK
Credit subject to status & affordability assessment by Lenders.
Oyster Loan is a credit broker and not a lender
Do you want to make your life smoother and easier in the times to come? Oyster Loan will help you to get an engaging loan deal through regulated lenders. We help you find deals on short-term loans, instalment loans and many more.
Our focus is to keep you stable, when in need of finances. We work out to narrow down personalised deals for you. At Oyster Loan, we are dedicated to help you make your life financially safe through our brokering services.
Oyster Loan is a UK based online loan broker. Our team introduces customers with bad credit history to loan lenders in the UK for all types of loans, including personal loans and celebration loans. A loan can sometimes help you to overcome your financial mess. Our systematic brokering system help borrowers to avail unsecured personal loans in an FCA regulated manner Our brokering service is exclusively designed to meet the financial needs of prospective borrowers. With the help of our brokering, borrowers are directly introduced to the available lenders on our panel. You can avail poor-credit loans that are approved within 24 hours (depends on the information that you have provided us while filling out the application form and the same also depends on the Terms & Conditions of the lender you have chosen to work with). Since the UK loan market is rapidly changing, and becoming more dynamic, we have become concerned about the loan interests of our borrowers. The loan brokering service offered by Oyster Loan is convenient and time efficient. We do not want our clients to have trouble while applying for either short-term loans or instalment loans.
We have a solution for you if you want to have a cash advance for an emergency. We do not let you lose your precious time, and this is the reason, why we have personalised brokering.
With Oyster Loan, you do not have to ponder over how and where you are going to get the loan of your choice. Your financial condition is meticulously analysed before a loan is offered to you. We help you get stable credit as quickly as possible.
If you have any questions related to Christmas loans, or wedding loans or other short-term loans, we are always here to help.
Oyster Loan is a licensed LOAN BROKER and not a lender. The website is registered in the UK and is authorised and regulated by the FINANCIAL CONDUCT AUTHORITY (FCA). WARNING: Late repayment can cause you serious money problems. For more information, 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 requesting you to make a payment, report it 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.