First Plus Loans Review

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0.6 stars
Average rating for this product is: 0.6 out of 5

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WJS's Review of First Plus Loans

30th Dec 2007

Overall Rating

0 stars
  • Value for money
    0 stars
  • Speed of Application
    5 stars
  • Loan Rate
    Dont know
  • Customer Service
    0 stars
Good Points

None whatsoever!


Bad Points

Everything about this company!!


General Comments

We have taken out a secured loan for £65,000 to consolidate our debts thinking that this would reduce our monthly outgoings. Our payments have steadily increased along with the interest rate but not reduced along with the interest rate!! We recently decided that enough was enough and that we would need to sell our family home to get rid of this noose which was around our neck, get straight, pay our debts and try and rebuild our lives to some fashion. We received our settlement figures on mortgage and First Plus loan and to our horror we do not have the equity in our home to cover the loan plus interest. We have to hang fire and wait now to see if we can survive or go bust. I feel sick everyday!! Please do not make the mistakes we have made...How can Carol Vordaman be an ambassador for this company I will never know!!

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