Loans Middlesbrough

Should you require a personal loan in Middlesbrough and the surrounding areas, then Conduit have you covered. Our team of loan providers offer personal loans which can be transferred into your bank the same day for a small fee. So, if you live in the Middlesbrough area and you are looking for a personal loan the team at Conduit are hear to help.

Conduit are a responsible lender offering fair and affordable personal loans and who present an alternative solution to high cost credit. For more information on our loans in Middlesbrough contact our team today!

Loans Middlesbrough

Personal Loans across Middlesbrough

At Conduit we aren’t just loan makers, we are a social enterprise which offers services to create opportunities and transform lives.

Even if you have a poor credit score do not hesitate to get in touch with one of our friendly team members today. Its is important to be open and honest about your credit history as this information will show on your credit report. We will look at your credit report to see how you are managing your current and past financial commitments.

The loans we provide are all approved based on a customer’s affordability to repay back the loan, your bank account management and credit history to see how you have been managing your current finances and any existing debts.

What is a Short Term Loan?

Our Personal loans are loans that are repaid over a shorter period of time where you can borrow a sum of money and repay this over a set time with fixed and affordable repayments. The lender will charge you interest to lend you the money which means you will repay the amount you borrowed plus the interest. The advantage of a personal loan is that you can spread the cost of a purchase with affordable repayments over a period of time.

How Do Short Term Loans Work?

Unlike a traditional bank loan, which is usually paid back over several years, a short-term loan is designed to be paid back often within several months. They can be used for emergencies, such as car repairs or broken boilers. You agree an amount you can afford to borrow with your chosen lender, which will include the interest rate and total amount you are expected to pay back.

Middlesbrough Loans

Local Personal Loans

At Conduit our aim is to make the process as smooth and simple as possible for our clients. We will help to take away the stresses of needing a small amount of cash, in and around the area of Middlesbrough. For more information simply call our professional short-term loan advisers today, they will be more than happy to assist. Our assessments are quick and easy, and we will be able to quickly determine whether our loan service is the right choice for you. After this we will arrange to meet and discuss your options further, this is all done at a time convenient for you.

Personal Loan Application Process

If you apply for a personal loan over the telephone, then one of our team will complete an application form with you; this will include basic questions and your income and expenditure. If you apply online, you will complete the application form.

The next step allows our team to assess your application, this is something our Loans Officer who will decide if a loan is the best option for you. We will also complete a credit check on your loan application. If your application is successful you will receive a text message informing you that your loan application has been approved and If you have an e-mail address then you will receive your paperwork electronically by e-mail for you to sign, if not then we can send it out in the post. If you require your loan the same day their will be a small chargeable fee of £7.

It is important to read all of the information before signing the loan contract. If you have any questions, please contact us on 0300 111 0556.

Applying for a Short-Term Loan

Applying for a Short-Term loan has never been simpler with the team at Conduit you can simply apply online or call us on 0300 111 0556.

You will need to complete an application form that asks questions around your personal details and your income and expenditure. Once we have received your application, we will assess it and communicate our decision to you via email, telephone or text.

If you are approved in principle, we will email you requesting you to e-sign your loan documents (Fixed Sum Loan Agreement; Adequate Explanation Document and Pre-Contract Credit Information). We may also request that you send us some additional evidence to support your application.

Once you have signed your loan documents and sent us any additional forms of evidence, we will assess your application and offer you a loan. We will email you to inform you when this happens and that the funds are being transferred into your bank account. It usually takes up to three working days for funds to clear, depending on your bank (unless you have requested a faster payment).

Personal Loans Middlesbrough

Why Choose Conduit for Loans in Middlesbrough?

As a Community Development Financial Institution (CDFI), we take our responsibilities and commitment to our customers and stakeholders very seriously. We are here to support individuals, families and communities by offering lower cost, affordable and flexible loans that best fit with the circumstances of everyone. Everyone is different and everyone has a different story. That’s why our team consider all applications regardless of credit history and you’ll be reassured to know that we are regulated and monitored by the Financial Conduct Authority.

And in partnership with the Money Advice Service, local authorities and community-based agencies, we’re contributing to the long-term financial sustainability of individuals and communities by being part of a network that builds financial strength, creates opportunities and improves the lives of many people.

We’ve gathered our top six reasons as to why you should borrow with Conduit for Loans throughout Middlesbrough on the surrounding areas:

    Easy to Apply

  • Fast, Fair & Flexible
  • Cheaper than most Lenders
  • No Hidden Fees
  • Online, telephone & face to face services
  • 99.4% of customers think we’re great!

For Short Term Loans in Middlesbrough, Contact Conduit Today

Apply for a Short-term loan today and discover the many benefits that you can receive from this method of a personal loan. Our aim is to make things easier for our clients in Middlesbrough, and so this personal loan could be a quick solution to your problems. Call us now to learn about our terms and conditions, or for any other enquiries. We will be more than happy to assist you.

Offering Short Term Loans Middlesbrough

Frequently Asked Questions About Loans in Middlesbrough

What If I Struggle to Repay My Loan?

If you are experiencing financial difficulties and are struggling to keep up with the repayments on your personal loan, please contact us as a matter of urgency.
We are a responsible lender that offers assistance and help to people within the community. We provide a friendly and professional service allowing customers the peace of mind to be able to openly speak to us regarding any issues they may be experiencing.

Our team will always work with you to improve the situation and we can arrange payment holidays, or a revised repayment plan based on a new income and expenditure assessment.
However, failure to work with us will result in any outstanding debt being transferred to a Debt Collection Agency or result in court action.

Who Can Apply for a Personal Loan?

You can apply if you cannot access mainstream finance or low-cost affordable finance. Representative APR 99.8%. We offer additional loans based on your circumstances at the time of application. Please contact us on 0300 111 0556 to see if you are eligible for an additional loan.

Can My Loan Be Paid Into my Account on the Same Day?

For a £7 Faster Payment fee you can receive your loan the same/next working day, subject to the cut off time of 2pm.