Cash Loans
Cash Loans with payments collected from your home
- Cash loans £50 to £500
- Fast Approval
- Affordable, fixed, regular repayments
- No hidden charges - no late payment or early settlement fees
- Lower rates than other major lenders. Compare our rates.
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Our personal service provides affordable small loans with repayments that are collected every week from customers’ homes. There are no hidden charges or late payment fees and the amount agreed with your agent will never increase.
We lend based on your ability to repay and accept applicants with bad credit and CCJ’s.
We aim to provide a transparent and trustworthy service and we have a reputation of honesty and reliability.
Apply today and our agent will organise a time to call on you to discuss your requirements.
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Why Flex Finance Home Collected Loans?
Flex Finance Home Collected Cash Loans are fast cash loans that offer a flexible way to borrow. They are an alternative to payday loans or other short term lending with fixed payments for the loan term. Local agents organise a convenient time to call, usually weekly. Otherwise we can collect weekly or fortnightly payments by standing order. Flex Finance use clear, easy to understand loan agreements and there are no late payment fees or hidden charges.
We pride ourselves on a personal service and want our customers to know we will be there when they need us most. Our local agents live in the communities they service so reliability and honesty are key values of how Flex Finance operate.
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Home Collected Loans - Repayment examples and costs
Below you will find some typical loan examples. Flex Finance aim to be open and transparent about the costs of our fast cash loans. Remember there are no hidden fees or early termination charges.
| Loan | Number of Weeks | Weekly Payment | Total Payable | APR |
| £100 | 14 | £10 | £140 | 1068% |
| £200 | 14 | £20 | £280 | 1068% |
| £500 | 14 | £50 | £700 | 1068% |
We keep our loan period shorter than most companies. We find the longer loan periods offered by companies such as Provident, Greenwoods and Shopacheck offer lower weekly payments but the increased interest and longer commitment means you do not have the flexibility to get cash when you most need it. Basically our loans are shorter, cheaper and more flexible.
We have a table on our Compare Loans page that compares us against other providers.
We also offer other loan terms and try to be as flexible as possible. If none of these examples suit you contact us and we will see what we can do.
A common question we get is: Why does the APR appear so high?
APR is a good way of making comparisons between similar products. It is not ideal for short term loans as APR is an annual measure. Remember we do not charge penalty fees for settling your loan early.
You would be surprised by the fees that banks and credit card providers charge if they had to express them in terms of an APR!
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Home Collected Loans - FAQ
Q: Why does the APR appear so high?
APR is a good way of making comparisons between similar products. It is not ideal for short term loans as APR is an annual measure. Most of our customers complete their loans with 31 weeks. Remember we don not charge penalty fees for settling your loan early.
You would be surprised by the fees that banks and credit card providers charge if they had to express them in terms of an APR!
Q:What is home collected credit?
local agent calls at your home to collect your payment, usually weekly.
Once we get to know you we can offer different terms to fit in with wages and may offer the option to pay direct from your bank account.
Q: How much can I borrow?
First time customers can borrow amounts from £100 - £200, depending on your personal circumstances. Existing customers may be able to borrow cash up to £500.
All loans are assessed on affordability and your current situation. We encourage over payment to complete loans early and saving you interest.
Q: How quickly can I get the cash?
We appreciate that sometimes you need the cash urgently. If you are successful we aim to have the cash in your hand within a maximum of 48 hours. In some cases we can issue the cash the same day as you apply.
Q: What identification or documentation do I need when I apply?
We require one proof of identity usually your passport or driving licence.
We also require proof of your address, such as a utility bill or bank statement.
Other information such as proof of income or benefits helps us make a decision when we assess your application.
Q: Can I get a loan if I have a poor credit history or a CCJ?
Yes. But……… we always consider your individual circumstances.
A number of our customers have poor credit history or CCJ’s lodged against them. The important thing is you can show your ability to repay and are honest with us about your past.
Q: What happens if I miss a payment?
You MUST keep in touch with your agent to let them know what is going on. There are no penalties or fees for missed payments but if you miss too many then we will take action to recover the money we have lent.
Its not worth affecting your credit record for a few hundred pounds. It is likely to affect your ability to obtain credit in the future. It can also harm your ability to get services such as mobile phones and even your ability to rent private accommodation.
Q: Are there any extra charges?
No. We do encourage you to pay the loan back as fast as circumstances allow and don’t penalise you for paying the loan back early.
The only time we will levy further charges is if someone consistently misses payments and we have to notify them in writing. These are clearly laid out on the loan agreement and are only done as a last resort.
Q: I want to pay my loan off. What’s my balance?
Ask your agent for a settlement figure or use our request form HERE and someone will get in touch.
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Compare the price of home collected and other cash loans available in your area at www.lenderscompared.org.uk
