FAQs*

What happens if I can't repay the money?

First of all, don't panic - most lenders are reasonable people and would rather you talk to them about your difficulties before you plan to book that single ticket to Brazil.

Non-repayment of a loan is a serious situation in as much as you should already have worked out that you could afford to repay the loan before you entered into an agreement with the lender.

This said, circumstances do change beyond your control and that is why illness and redundancy protection schemes could be a good idea. They may seem to be an extra charge at the time but they do help you to sleep a little easier at night.

Sometimes things may happen that don't involve sickness or loss of employment. A few unforeseen bills at Christmas time or an increase in some of your other bills like utilities or mortgages can leave you with less money than you thought you had. If this happens, then contact your lender either by phone or in writing and let them know. Most times they will work out a new plan with you to help you cope and get your repayments back on track.

*Nothing in these FAQs constitutes advice and is intended for general information purposes only. For qualified advice, please speak with UK Personal Loans Limited 08000 196 777.