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Home Collected
Loan Example :
31 weekly repayments of
£10.00
- Total
Repayment £310
- Typical APR
365.2%
Able Finance can offer home
collected loans regardless of your credit
history.
With our home collected loans, there are
no hidden charges, no upfront fees and no early
repayment charges.
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What is Home Credit and Home Collected
Loans
Home Credit is a service
to clients who prefer the
personal touch. A friendly agent will visit you in your home
and
discuss your requirements. Your affordability to pay
back the loan is the main criteria in
determining whether you
are eligible
for the loan.
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Alternative Payments
For
clients outside of our collection areas, we
can arrange payments via banking standing order.
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Home Collected
Loans as Opposed to Bank
Overdraft
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An
overdraft from your bank can be very useful. However,
if you exceed your overdraft limit, a hefty fee will
be charged. With a home collected loan, if you miss a
payment, no charges will be applied. All we ask is
that you make up that payment over the duration of the
loan.
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Home Collected Loans
- Repayment Schedules
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Initial loans will
be restricted to the lower limits in order for you to
build up a credit rating with us.
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Typical Loans from Able Finance
Ltd.
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Loan Weekly
Payment
Number of
Weeks Total
Repayment
APR
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£100
£10.00
14
£140
1068.5%
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£150
£10.00 23 £230 634.4%
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£200 £10.00
31 £310 365.2%
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£300 £15.00 31 £465
365.2%
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