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Written by Editor
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Wednesday, 20 August 2008 10:11 |
V5 Loans – Gotta Car? Then Getta Loan
V5 Loans is a reputable lending company specialising in loans for those that have bad debts, CCJs, would fail a credit check or find it hard to raise money on the high street. Our Loans are secured against the value of their car, provided it is worth more than £500 and is less than 8-10 years old.
Millions of People are Refused High Street Credit Daily
Thousands of rejections are made each day by Banks and other Financial Institutions and that’s millions of potential customers for both you and us. (9.1 Million Applications were refused in 2005 – and that’s well before the Credit Crunch – Source: Datamonitor).
So, due to the Credit Crunch, many people are finding it hard to obtain a loan and this is where we can help them.
As an affiliate, this is the perfect opportunity for you to earn commission, when credit is tight and people have obligations to fulfil. As an example, some of our clients just use us to fund their car insurance, especially if they are reasonably young when the policies are so high. This is a good example of how a Logbook style loan is used.
In Summary
• No Credit Checks – their previous credit history is irrelevant
• They can obtain a loan even if you have been rejected by others.
• Their credit rating is irrelevant as the security is their car.
• Loans are possible if they have no collateral other than a car.
• Loans are available even if they want cash today.
• They keep the car and continue using it as before for the duration of the loan
• Hundreds to thousands of pounds are available to loan depending on the value of their car
WHO QUALIFIES?
Providing they own a car of sufficient value that is clear or nearly clear of finance, they will qualify for a no credit check personal loan. If they have been refused a fast personal loan in the past loan due to a bad credit rating, they could now obtain a fast personal loan with V5 Loans.
It can take up to six years to achieve a clean credit file, which has made them unable to obtain bad credit loan. Today, bad credit loans are available with V5 Loans. They needn’t wait a number of years for your credit file to be repaired by paying off all arrears and settling any outstanding defaults or CCJs.
HOW DOES IT WORK?
V5 Loans provide the perfect solution for anyone looking for a no credit check loan. Consumers seeking payday loans can often only raise small sums through a small loan. A logbook loan can work to the same principles of a payday loan, but provide a bigger loan. A payday loan is an unsecured loan, whereas a log book loan is a secured loan.
Unsecured loan companies often reject applicants as their lending criteria will not offer a no credit check loan. A no credit check loan is the ideal solution to consumers in that position.
A bad credit rating will prevent them obtaining a loan at standard interest rates. High APR’s can be offset by early settlement discounts. A no credit check personal loan is available to anyone with bad credit. A no credit check personal loan with V5 Loans can be paid out within 24 hours. V5 Loans offer a quick and simple means of borrowing money. If they have bad credit and are in need of a fast
HOW ARE PAYMENTS MADE BY THE CLIENT?
• Standing Order
• By Paying-In Book
• By Card
• By Transfer
• At the Office 
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Last Updated on Tuesday, 10 March 2009 16:57 |
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