Warning : Late repayment can cause you serious money problems. For help and advice go to moneyadviceservice.org.uk
Representative 277.5% APR

puma loans
Rates from 45.3% APR to 1575% APR
Faqs

1. What is an online personal loan?

This is simply an unsecured loan backed by a regular source of income that needs to be repaid through regular monthly installments over a period of 3 - 18 + months.

2. Do you charge a service fee?

No, we would not charge you any fees to help you reach out to the lenders. But, if your loan is approved by any of the lender we connect you with, that lender might have some loan processing fee or application fee depending on their lending policies. To be sure about this, we recommend that you read all the terms and conditions of your loan agreement clearly before signing any papers

3. What all information is required to apply for a loan through pumaloans.co.uk?

The loan application form requires information related to your personal identity (like - name, address, phone, email.), employment (like - net income, time with current employer.) and your bank account (like, bank name, account number.). These are required by the lenders to check your eligibility for personal loans.

4. How long do I have to wait in order to receive the cash after getting approval?

Once your loan is approved, the lender would want you to sign a loan agreement which confirms that you agree with all the terms and conditions of borrowing cash from the lender. This is usually done online and takes only few minutes. After this you can expect to receive the funds into your bank account within next 24 hours.

5. For what purpose I can borrow a personal loan?

These are emergency loans that are approved only when you need urgent cash help for unavoidable circumstances. These are not designed to cover your everyday living expenses since you need a permanent long term solution for such expenses. These loans involve high risk for the borrower in case he misses the loan repayment. So, being a responsible borrower you must only ask for a personal loan when it is highly urgent and especially when you are sure to make repayments on time.

6. How does your loan matching service work?

pumaloans.co.uk is simply an online loan application platform. As you submit your loan requirement through this website, your application is instantly sent to the lenders or brokers in our network, who we believe can help you find a loan. We do not access your personal information, so we do not match you with a lender based on your exact requirements or financial situation.

7. Does pumaloans.co.uk perform a credit check?

No we do not perform a credit check, since we are not involved in the lending process. But, some lenders in our network do perform a credit check before accepting or rejecting a loan application. If you have less than perfect credit rating and your application is rejected by your bank or other lenders, there is still a possibility of your loan approval through us. However, we do not guarantee the approval.

8. What is required to quality for an online personal loan?

At pumaloans.co.uk, we do not make any credit decisions. The lenders we connect you with take such decisions. And since each lender has a different set of eligibility requirements to accept a loan application, it is not possible to quote all eligibility criteria here. However, some of the basic requirements include; your age - minimum 18 years, your employment status - permanent, a valid bank account on your name, your citizenship of the UK and your regular monthly income through a permanent employment.

9. What if I am not able to make payment of my short term loan on due date?

If you cannot arrange the funds for repayment, just contact your lender immediately and discuss all your financial problems. The lender may offer you a loan extension for few days and charge a lower penalty for missing your payment. But, if you do not discuss your problem with the lender in advance, as per the clauses in your loan agreement the lender has the right to take strict actions in order to recover his loan amount. So, it is advisable to borrow a loan amount you can easy and conveniently pay back on the due date.

10. What is the loan repayment method?

All the online loan transactions are done electronically directly to or from the bank account. You will receive the loan amount directly into your bank account. And using the direct debit authorization process, the loan repayment amount is also debited directly from your bank account and transferred to lender's account.

Consumer Advisory : Please note personal loans should be used for short-term financial needs only, not as a long-term financial solution. Never borrow an amount that you cannot repay on time. Missing repayments may hurt your credit rating and will make it more difficult for you to obtain credit in future.

The operator of this website is not a lender or a personal loan provider and does not make credit decisions. We are a credit broker, providing free loan matching services to consumers interested in obtaining £100 - £3,500 for 3 – 18+ months. This site will automatically submit the information you provide to a direct lender or broker via iframe application form provided to us by FCA authorized lenders or credit brokers only. Upon loan approval, a direct lender may require further information from you which will be collected after we transfer you to their website or they may contact you via phone or email.

We do not charge you any fees to use our websites, services or products. To operate this service we receive a commission paid to us 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 lending partners offer loans up to £3,500 and there is no guarantee that all applicants will be approved for their requested loan amounts. Please note lenders may use collection services for non-payment of their loans.

IMPORTANT NOTICE - SCAM ALERT!

We do not require payments, UKash vouchers, or deposits to match you with a lender. Click here to read more.

Representative 277.5% APR

Example : Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed). The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable)

Rates from 45.3% APR to 1575% APR - we provide a no obligation quote, your APR will be based on your personal circumstances. You can choose a repayment period from 3-18 months when make your application.

Note : The APR you pay may differ depending on the lender that accepts you

Warning : Late repayment can cause you serious money problems. For help and advice go to moneyadviceservice.org.uk