Why They Are Wrong !
We have never had upfront charges We didn't even sell PPI
The Wrong Site
The Bad Yes Loans
The Full Story
We are well aware of the negative publicity surrounding the Yes Loans brand. Direct and to the point, it has nothing to do with this website - yesloans.co.uk - and it never has. Unfortunately, people don't check their facts when it comes to blaming someone, especially those in the media.
There was a company that used a domain name similar to ours. The domain name was something like Yes-Loans-ltd.com. These people were charging applicants upfront admin fees in return for finding them a loan. When the loan never arrived these fraudsters would refuse to refund the victim.
The victim would then take to the internet and tell everyone that they had been ripped off by "Yes Loans". Most people, thinking logially that Yes Loans - being a UK site - think that Yes Loans would operate from YesLoans.co.uk. These people then spread the news and before you know it, this site has a bad reputation for something it has no knowledge of.
The OFT banned the original website involved by revoking it's license and it is no longer operating. We, however, are still here as you can see. We have interim permissions from the Financial Conduct Authority to operate this site. We have no complaints against us and do not charge any type of admin fees. We do not believe in admin fees, in fact we actively warn people not to pay any type of fee to anyone.
Maybe one day people will check their facts - we hold our breath!