Frequently asked questions (faqs)

You can borrow up to £10000 on the platform. The amount figure may vary according to the income status, credit score, collateral and benefits you leverage. For example, if you use collateral, you may borrow slightly higher than without one. If you could not keep up with the repayments, the lender may repossess the asset. For a good income and credit score, unsecured loans may be best.

No, we do not charge any upfront fee on a guarantor loan. If you qualify for the eligibility criteria, we provide money the same day. The loan cost includes – interest payments, loan fee, and the total repayment amount.

We believe individuals with poor credit may be affected by the fee. Thus, ensure to keep loans safe and transparent.

We provide no guarantor loans to individuals for any purpose. These are ideal for time-sensitive requirements. If you want to borrow for an extended term, collateral is mandatory. Every application is subject to a soft credit check. No lender provides funds without a soft credit check. The soft credit check ensures comfortable borrowing and affordability.

The lenders keep the customer’s best interest while drafting terms and conditions. They make every effort to ensure a smooth and comfortable borrowing. Here is how:

• We charge no upfront loan fee
• In case of non-repayment, we optimise the schedule as per the current financial status
• We do not impose any early repayment fee

Yes, we go for a credit check. Our lending process involves soft-search checking. This is done to match your loan application with the best deal possible.

Once your loan has been approved, you can make the repayments on time and improve your credit rating. Our loan can be an excellent option to boost your credit score.

Since you are unemployed without any source of income, you may have to provide collateral depending upon the situation. It is usually required to manage the risk of default.

If you are provided with any asset, it will reassure the lending and strengthen your loan application. Further, you may be provided with a lower interest rate depending upon the collateral.

Yes, if your loan is approved, you can use this loan as an option for debt consolidation. With this, you must pay just once a month for this loan.

However, before applying, make sure to check all the fees and conditions to eliminate the scope of any confusion.

We would love to retain our old customers and maintain the same policy for every customer. We treat our customers equally.

You are well aware of our working procedure. We will be delighted to welcome you once again. You will have the opportunity to approach us directly if you face a discrepancy.

A soft credit check is compulsory. It should be performed in the initial steps after you submit your application. It simply checks your credit profile without leaving any footprint. So, you may rest assured that your credit scores will not suffer due to your borrowing decision. The lender will conduct the check after you confirm.

We at Onestoploansolution believe in offering competitive pricing. Your anxiety about the loan rates is natural. You can explore online tools to draw a comparison. You can make validation about rates for free. We don’t charge any money for this facility. Opt for personal loans considering the affordability factor in mind.

Experiences like waiting in a queue for long hours are uncommon with Onestoploansolution. We have created a swift process of application. It lets you apply from anywhere and at any time. You need not rush and visit the bank branch to submit the application. You can do the same from your home.

Yes, you will as bad credit loans are meant to offer you a stable credit utilisation. You look for a bad credit loan because you have some sort of issues in your credit card transactions that made the score go low. Take out a loan for poor credit from us and make your credit card payments. Then repay us the loan at the right time. Doing these will significantly improve your credit score.

No, you won't. If you have a very poor credit score, then you need to look for a bad credit loan or a poor credit loan from us. These loans are designed for people with a low credit score. We will not mind lending you the money as long as you show us your steady income proof.

There is no such perfect time to get a bad credit loan. A loan of this kind gets to be very important whenever you see a drop n your credit score and you cannot manage it with your savings. The lower the score goes, the more penalties you need to pay. Rather than waiting for your score to get really low creating more complexities, you can take out a bad credit loan from us now and fix that credit score. We can lend you the money within a day.

Contrary to popular belief, bad credit loans are not that high in interest rates. You can easily pay it off if you have a good income from any source. Besides, your poor credit loan interest rates depend not only on how low your credit score has become; but on other factors too. We also have flexible packages to help you repay us efficiently. If you take out such a loan from us, know that we have got your back.