|
|
Tenant Loans FAQs
Are you renting a property? Or are you still living with your parents? Perhaps you're living in a council or housing association property? Then a tenant loan is what you are looking for. We a specialist brokers in arranging tenant loans for those that do not have a home to offer as a security to the lender.
Many traditional lenders will only look at homeowners for loans or those that have assets that can be secured against a loan. But we work with many lenders who are happy to consider loan applications from tenants, whether you are a private tenant or a council tenant, even if you have less than perfect credit history. Tenant loans are flexible and can be used for any purpose: a holiday, debt consolidation, or for a new car, the choice is yours. We also specialise in helping people with a less than perfect credit history so are able to obtain a loan for tenant with bad credit, also called an adverse loan tenant.
By keeping up regular payments on a tenant loan, you will actually be improving your credit rating, especially if you want to buy a home in the future or qualify for other loans. Our professional advisors can help you find the tenant loan that best suits your needs and your budget. Let us do your leg work and sift through the fine print to get the most competitive tenant loan for you. To see what we can do for you, contact us via this website for a fast, free and confidential quote on a tenant loan.
There are many reasons
for wishing to raise money from a loan facility. CCC Finance
have appointed Lenders, with over 150 branches in the UK, who will provide
loan advances to tenants, with or without adverse credit history. We have
completed new agreements with our tenant lender panel where the
Underwriters are more considerate, and certainly more flexible than most
other advertised schemes.
Basic Requirements for a Tenant Loan
The following is supplied as a general guide only, as each application is
assessed on its own merit.
You are in full time employment.
You are paid by computerised pay slips.
Your Bank account accepts a Direct Debit facility.
You have proof of identification and residence - normally utility bills.
You have made satisfactory rent
payments ( excluding "living with parents" )
You have a home telephone
line
[In most circumstances
a mobile telephone is acceptable - copy mobile account/agreement required]
Processing Procedures
The Lender branch will
contact you by telephone to discuss your application
OR
You can contact
the nearest Branch to discuss your application
Note : When you submit your application to CCC Finance, you will be given
the opportunity to find the details of the nearest Lender Branch
The Lender underwrites the application for final approval.
The Lender contacts you to arrange for you to call in at the Branch Office, and will advise you what proofs they require to see,
(for example utility bills, telephone bill, bank statement, rent book, passport, driving license - but not all of these.)
The branch will arrange for you
to sign the Loan agreement, check the proofs you have brought with you.
The cheque will be issued
to you at the Branch.
Note : In some circumstances,
all procedures will be carried out by post.
Loan for tenant with bad credit / adverse loan tenant
© CCC Financial
sub prime lender offering secured and unsecured loans
UK.
