Terms & Conditions

Parties

These Terms and Conditions form and agreement between you, (you, your, the applicant, the user) the user of this website and the submitter of an application for a loan;

and

Quick Loans Ltd (us, our, the broker, we), trading as Yes Loans of Unit 3, Fountain Parade, Barnsley. S75 6FW.

Authorised and Regulated by the Financial Conduct Authority and listed on the Financial Service Register with Interim Permission Number 655758.

Purpose

Quick Loans Ltd is authorised as a credit broker who provides a loan matching service to a panel of lenders and other brokers to whom they have access. This website is not a direct lender.

There is no charge for this service, however we are paid a commission by the lender or broker that accepts your application. This commission is variable depending on the applicant and the lender. If you want to know the value of the commission we received for your application please contact us.

By using this site and submitting an application on it you must agree to be bound by these terms and conditions.

What you are agreeing to

By submitting an application on this website you are agreeing to the following:

  • Us collecting your details and passing them electronically to one or more lender or credit broker for the purpose of finding you a loan.
  • The lenders and credit brokers storing and processing your data in order to review your application and, if successful, manage your account with them.
  • Us passing on your express consent to these lenders and brokers to search the files of one or more Credit Reference Agency or Fraud Prevention Agency for the purpose of assessing your application. This may leave a ‘footprint’ on your credit file, full details of which are contained in our Privacy Policy.
  • Electronically redirecting your web browser to the website URL provided by the lender or broker who accepts your application.
  • If a lender or credit broker accepts your application, but you do not compete the process, them contacting you to advise you how to return to the application.
  • Us receiving a commission from the lender or broker in respect of introducing you.

Completing the application form

You confirm that the information you supply in the application form is accurate, up to date and, for financial information, is unlikely to change over the course of the loan. We will supply this information ‘as is’ to the lenders and brokers that we work with and they will in turn use this information to make a lending decision.

Failure to supply accurate information may lead to:

  • You obtaining a loan that is unaffordable or unsuitable for you.
  • Your loan application being rejected on the basis of fraud.
  • A report of fraud being made to one or more Fraud Prevention Agencies.

Some of the loans we broker are repayable over several monthly instalments. Please ensure that you consider this when deciding if you can afford the payments on the loan. Remember to assess all instalments due on the loan, not just the first one.

Getting you a loan offer

When we receive an acceptance from a lender or credit broker, this is made exclusively on the data that you have submitted along with information collected about you based on that data. We therefore make no recommendation that the loan offered is suitable or meets your demands and needs. You should read all the loan documents provided by the lender to ensure that the loan is affordable and meets your requirements before you complete the agreement. If you have any questions about the loan, or its suitability, you must contact the lender BEFORE you enter into the agreement.

There is no obligation to accept the loan offered and you are free to terminate the application process at any time.

No offer

Nothing in this agreement warrants that we will be able to find you a suitable loan. If we are unable to find you a loan we will advise you of this.

We accept no liability for any consequence of us not being able to locate you a suitable loan.

If we are unable to find you a loan, it may be because this is not the best solution for your correct financial need. If this is the case we would recommend that you contact the Money Advice Service at www.moneyadviceservice.org.uk or on 0800 138 7777.

Website

The data and content on this site is property of Quick Loans and we prohibit the reproduction, copying or resale of any data from this site.

Governing Law And Jurisdiction
The Website is controlled and operated in the United Kingdom. These terms and conditions will be governed by the laws of England and Wales. If we decided to take legal action to enforce these terms and conditions, we will do so through the English courts. If you live in the UK, but outside of England you and you decided to commence legal action, you may do so in a court in the country in which you live.

General

These Terms & Conditions were last updated on 01/04/2017 and may be changed without notice. Please ensure that you check each time you apply through this site to ensure that you still agree and accept them.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk We are a credit broker and not a direct lender. Representative 1299.0% APR. Copyright © 2018 Yes Loans is Authorised and regulated by the Financial Conduct Authority 763132