FAQs*

What happens after I receive my cheque?

Hopefully, after you receive your cheque, the first thing that will happen is you'll allow yourself a big smile and a small celebration! However don't go overboard, remember that although loans are often the key to unlocking a better life one of the most common mistakes is that people, once they have received the amount, find extra ways to spend it outside of the initial purpose of the loan. Just because you're flush - don't flush the money away on unnecessary items. Always remember why you took the loan out in the first place.

Once you receive the cheque, you are in the position to deposit the money in your account and spend it as you see fit. The term of the loan has begun now, so bear in mind that even though you may not spend the money for some time, the calculations and repayments will be started from when the cheque is issued.

If you're in a rush, make sure you allow sufficient time for your cheque to clear into your account.

*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.