First Plus Loans Review

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

From 5 ratings and 33 reviews

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Guest's Review of First Plus Loans

Overall Rating

0 stars
  • Value for money
    0 stars
  • Speed of Application
    2.5 stars
  • Loan Rate
    Average
  • Customer Service
    0 stars
Good Points

None


Bad Points

Customer service, shortfalls department,


General Comments

Have you ever try and settle with this company, my lawyer wrote to them six times for a settlement figure and when they eventually responded it came back I was owing 15k more than the original loan. They nearly sent me to an early grave. DO NOT USE THEM EVER. Look out for the small print on the payment protection insurance, its a not a good deal, they make it part of the security, and if you miss a payment the refund is VOID. They use the fact that most people who need them will sign up to the accept the payment protection, you don't have to accept, if you do you should cancel it within 30days of signing for the loan - in writing


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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