Who can apply for a loan?
Anyone who is over 18 and receives over £100 per week (or monthly equivalent) from either a salary or means tested benefit.
Are you loans secured or unsecured?
Our personal loans are unsecured, you do not have to be a homeowner or provide security in order to apply for a loan with StreetUK
What if I have a bad credit history?
Having bad credit or CCJ’s is not necessarily a barrier to obtaining finance from StreetUK, We do perform a credit check to confirm the information you provide to us is correct. We do not use credit scoring to determine your application.
How much can I borrow?
You can borrow between £200 and £1,000 for a first time loan depending on your circumstances. A member of our experienced team will discuss your finances and help to create the best repayment plan for you.
Do you charge fees?
A fee of 4% is payable only if a loan is approved, this is paid at the time the loan is released (maximum fee £60.00).
What is the term of the loan?
For a first time loan the term is between 6-12 months, subsequent loans can be extended over longer periods.
When do I get the money?
Once your loan is approved we will transfer the funds into your bank account, this takes between 2-3 working days.
How do I repay the loan?
The repayments are taken via Direct Debit either weekly, Fortnightly, Four-Weekly or Monthly to suit your needs. If you do not have a Bank account we can help you to open one.
Can I clear the loan before the scheduled term?
Yes you can make lump sum payments or clear the balance any time, we will only charge you interest up until the day you clear your loan.
Can I borrow more in the future?
If you make the agreed repayments and keep your account in order you are welcome to apply for repeat finance with us.
How are you cheaper than other loan companies?
We are not-for profit organisation here to provide a competitive alternative to using doorstep lenders, online payday companies and expensive High street moneyshops. We do not have any shareholders and we not pay any dividends, therefore any profits we make a put back into our company and improving our products and services.
How do I apply?
Call us on 0845 601 8690 and you can speak to a member of our experienced team, we are more than happy to help.