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How quickly will I get my money?
Loans under £25,000
are regulated by the Consumer Credit Act. On these amounts you will be given an
8 day consideration period before your agreement is posted to you to sign.
Loans above £25,000 have no consideration period.
In either case we often need a valuation to be carried out on your property and
a reference to be sent to your existing mortgage company (we will pay for both
of these).
Once all the documents are signed, the valuation report and lenders reference
returned, your loan will be submitted to pay out.
Most Banks will phone you prior to payout, to introduce themselves and ask a
couple of security questions. Then the cheque is posted to you.
It can take between 10 to 21 days on average from application to completion.
If you want to get an idea of how much a low cost personal loan could save you,
click Online
Calculator.
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CF Loans are introducers to
specialist finance brokers who5 have built up an enviable range
of contacts with many banks, building societies and financial
institutions. We can help you find the most competitive
secured loan
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