YES Loans Personal Loans Review

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YES Loans Personal Loans
0.4 stars
Average rating for this product is: 0.4 out of 5

From 14 ratings and 390 reviews

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franki77's Review of YES Loans Personal Loans

24th May 2006

Overall Rating

0 stars
  • Value for money
    0 stars
  • Loan Rate
    Not applicable
Good Points

None


Bad Points

Everything


General Comments

I wish that I had found the Review Centre web site early enough and saved myself £49.50! Like many other people on this site, I have a poor credit rating and am self employed, and a tenant as well! I wanted to borrow £5000, and Yes Loans seemed to tick all the boxes. I'm waiting to see what happens, as I applied for the loan yesterday and was convinced that my problems were solved, as I thought that I'd been accepted for the loan, and it all seemed so easy! Nowhere on the site does it say that they are brokers. I asked the man I spoke to, and I understood that they were lenders and brokers! Oh well, I suppose it teaches you that if something seems too good to be true, it probably is!! If, by some happy chance I'm one of the lucky ones, I'll post here and let people know!

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Members' Comments onfranki77's Review

  • Leo1 on 27th May 2006

    Check the terms and conditions. I believe that you can ask for your fee back (less £5 for administration charges) if yes loans don't come through for you.

  • nearlyamug Rank: Lance Corporal on 30th May 2006

    thanks for your help.

NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood8.00%8.00%£7,500.00£14,950.00No
Sainsbury's LoansGood8.00%8.00%£7,500.00£15,000.00No
Nationwide LoansBad7.90%7.90%£7,500.00£14,999.00No