If you live in Derby and have been turned
down for credit derbyloans may be able to
help.
Our application procedure is simple and straightforward and we will guide
you through the process. As we are local, we try to be very understanding
of local needs and can offer some loans with ‘payment holidays’.
Many families would benefit from a planned payment holiday, for example
in December or January. If so, the loan can be set up that way.
derbyloans, just like any responsible lender,
will only make loans that it expects to be repaid.
derbyloans will not offer a loan if it
means that an individual will just get further into debt. In these cases,
we may, with the customer’s agreement, direct them to other agencies
that may be able to help.
derbyloans is not a cash handling business. We pay loans and take
payments by direct debit, directly via the customer’s bank account.
If you haven’t got a bank account, we have worked with some of the
banks to help you open one.
derbyloans interest rates are slightly higher than the banks and
building societies for an equivalent loan. Customers who come to us because
they can’t get affordable credit will not be disappointed. If their
application is successful, they will get credit almost at high street rates.
