Doorstep Lenders
What are doorstep lenders?
A doorstep lender is a loan company that offers doorstep loans, which are sometimes referred to as home credit loans. Loans from UK doorstep lenders can start from as low as £200, with the money paid back in regular instalments over several months.
An agent working for the doorstep lender will visit you at your home to finalise your loan. They will also be the person to collect your repayments.
What to look for in a doorstep loan lender
When searching for a doorstep loan, you should try and do some research about the various lenders. Find out if they have any additional charges, so your loan doesn't end up costing you more than you had planned for. Also, read some of the reviews left by customers, so you can get honest opinions about the company.
In the UK there are several doorstep loan lenders, however there are alternatives. You can compare the doorstep loan companies in your area at www.lenderscompared.org.uk. It's a free to use, independent website that will provide you with a list of doorstep lenders. It gives you the cost of a loan from each lender, so you can work out which is best for you.
Bad credit history - loans from a doorstep lender
If you've got a bad credit history, you may still be able to get loan from a doorstep lender. They will take other factors into account, like your income and outgoings to make sure the loan is suitable and affordable for you.
Why choose Morses Club as your doorstep lender?
We always focus on putting our customers first and coming up with new ways to make our loans more convenient. Morses Club are one of the biggest doorstep loan lender in the UK with agents all over the country. Our loans start small, with affordable repayments spread over 39 weeks for new customers.
You can choose to have your loan in cash or, direct into your bank account. The Customer App will help you manage your loan online - use it to view your remaining balance, make loan payments and much more.
We consistently receive over 95% customer satisfaction rate and you can read genuine reviews left by our customers on our customer testimonials page. Please visit our About Us page for more information about Morses Club.
Doorstep lenders FAQ's
Are doorstep lenders legal?
All doorstep lenders must be authorised by the Financial Conduct Authority and follow the rules and regulations that are set by them, if they don't then they will be acting illegally.
Do doorstep lenders complete credit checks?
All reputable cash lenders will conduct a credit and affordability check during your application, this is to ensure the loan you intend on taking out is suitable for you. At Morses Club we consider all applications, so even if you have a less than perfect credit history you could still be approved for a loan.
How do I find doorstep lenders near me?
To find out if Morses Club operate in your area visit our agents page. Just enter your postcode and we'll let you know the nearest agent to you.
What is the difference between a doorstep lender and a broker?
A broker will collect your information and search for a loan that is most suitable for your needs, they will then pass you over to the lender for you to complete your application. The broker doesn't lend you any money, they just act as a middleman.
A doorstep lender is the company who you have your loan agreement with and will the ones who are collecting your repayments.
