Welcome to Loans Shelter
Implications of Late/ Non-Payment
It is the responsibility of the borrower to verify the debt. If they dispute the debt then they should immediately contact the lending company. All necessary proof should be acquired by the lender stating that you own the loan. As per law, the collectors are prohibited from taking legal action against you or threatening you. They are also restricted to reveal information related to your debt to third parties.
Ethical lenders with proper license are less likely to engage in abusive collection practices. Some of the abusive collection practices used by unethical lenders include calling repeatedly at odd hours and abusing until you have repaid back the debt. Therefore, it is important to choose your lender carefully and understand the law in your region. If you are in doubt consult an attorney without delay.
Loan Renewal Policy
Credit Score Impact
We Are A Broker, Not A Lender
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan through our UK network of leading Payday Loan Lenders and Brokers. The personal, financial and employment information that we collect is stored electronically for the duration of your application and is removed from our system upon acceptance from a lender.
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayments please do not apply with us in the first place. It is not worth risking your credit rating nor any financial consequences which might result.
Payday Loans are classified by the Financial Conduct Authority as High Risk Financial Instruments and are typically subject to higher rates of interest than those charged by 'high-street commercial lenders'.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions.
Any queries or complaints regarding our service should be addressed in writing to this address.
Pervasive Web Solutions is authorised and regulated by the Financial Conduct Authority to carry out Credit Broking: Authorisation Number FRN740122Authorisation can be checked on the Financial Service Register at https://www.fca.org.uk/register