Flexible instalment loans are loans tailored to your individual needs. At Moolr, we know that all our customers are all different, all unique. This is why we aim to make sure your instalment loan suits your individual circumstances. We look to source lenders only for those for whom a loan is the best option. This will help to make sure that you can manage your repayments, and that you know exactly what you need to repay. Flexible loans are a personal form of lending which allow us to take the time to get to know our customers and understand their needs. This is important to us.
Should a lender accept you for a loan, the interest rate is fixed so you’ll know upfront how much you have to repay. There are no hidden fees and charges so you’ll know exactly what you’re paying back each week. If you are looking for some extra money for home repairs, fixing your car or other unexpected expenses Moolr can help. We brought together responsible lenders who will only lend what you can afford to repay, in order to avoid unnecessary debt.
The application and loan agreement that you complete is simple and straightforward. We use clear language and everything about the loans we source is transparent. The last thing we want to do is confuse our customers. Alternatively, start by taking a no-obligation quote. You will not be pressured to proceed, nor will the check hit your credit score. It allows you to get an idea of what deals are out there.
We know that circumstances can change. If you’re struggling with your loan, your loan provider will work with you to arrange a new payment plan. Do not turn a blind eye if struggling with repayments. Contact your lender and deal with the situation head-on. They will understand your struggles, and try to find a solution.
A bad credit history may make loan providers worry that you will struggle to repay them each month. This i because they use past habits shown on your credit report to predict future behaviour. However, even if you have a bad credit record, there are ways you can improve this to increase your chances of getting the loan you need. What’s more, some of our lenders will look to lend to those with a mixed credit history right now. Just be aware that rates may be higher because of your credit record. If a lender accepts you for a loan, always check the terms and repayment amounts in full before proceeding.