AutoMoney Review | www.auto-money.co.uk
Address: 139 Eastbank Street, Southport, PR8 1DQ.
Branding: AutoMoney. Also known as: Auto Money.
FCA Licence: 607464.
From: Quick Click Loans Ltd.
Related: No companies.
Available: Monday to Friday (9.30am/5.30pm).
Bad credit considered: Yes.
Manage: No AutoMoney login at www.auto-money.co.uk.
Offers: Bill of Sale.
Pricing: £2425/£1000 (12 months).
Sums: £100 to £5000 (new and returning).
Terms: 18 months.
Notes: This is one of the most stylish websites of any lender competing in this sector. It would however be ideal to see encryption used. They appear to be more focused on getting the user to one of their many branches. They have 30 of these across the UK and there are many meeting points that aids their coverage further. Whilst there is a fixed 18 month term you can settle when you please. A few documents must be presented to complete the loan application such as showing a photo ID, a recent utility bill and a bank statement or payslip. Poor credit and self-employment is considered here, but checks are made on the user. The run through pricing, they charge 20% monthly and so £1000 over 12 months gets you £2400. Plus there is £25 as a processing fee (total £2425). There is no vehicle age restriction.
– Branches: Despite launching in 2009 they have already built up a network of 30 branches. These are distinguishable through their stylish red and yellow store fronts.
– Efficiency: One hour funding is available once the agreement has been completed at one of their many stores.
– Profile: As well as the ever-expanding branch network this lender has been a frequent TV advertiser. Whilst they are one of the newer brands on the circuit they are taking all of the right steps to progress. They are surprisingly not too popular from studying some search engine data that would be expected through their advertising campaigns.
– Vehicle: There is no set age for your car that is highly notable with most lenders only accepting cars at 10 years or newer. Only a small handful of firms don’t impose limits.
– A notable promotion has now expired. This was that you had nothing to pay for the first 60 days. They had this deal running for some time, but unfortunately there is no longer any mention of it on their site.