Glenside Finance Review | www.glensidefinance.co.uk
Address: Unit A5, Segensworth Business Centre, PO15 5RQ.
Branding: Glenside Finance. AKA: GlensideFinance.
FCA Licence: 288958.
From: Glenside Finance Ltd.
Related: No companies.
Available: Monday to Friday (9am/5.30pm).
Bad Credit Considered: Yes.
Manage: No Glenside Finance login at www.glensidefinance.co.uk.
Products: Hire purchase.
Sums: £2000 to £75,000 (new and returning).
Terms: 24 to 48 months.
13.5% to 34%
Notes: The full interest range is marked above. There are actually 5 split tiers that includes the rates of 13.5% (Excellent), 19% (Good), 24% (Fair), 30% (Poor) and finally 34% (Bad). Direct applications are processed, but they don’t encrypt. You can access their product through brokers and dealers although they don’t specify any partners. Cars can be purchased from dealerships in England or Wales only. Vans are also catered, but they are placed on a leasing plan. Capping is set at 7 years max and 75,000 miles.
– Amounts: A standout feature is the high £75,000 headlined sum. This is the highest of any subrime lender (next is Moneybarn who stop at £25,000). You do however have to remember that they show prime rates and so the higher levels of financing would likely be granted to them.
– Eligibility: We’d expect to see high acceptance rates when applying with this company based on their promotional headlines. They for instance consider people with CCJs or those with past bankruptcy. Self-employed workers are also catered. In that scenario you’ll just need to show them proof of earnings heading back a little further.
– Experience: Glenside’s launch that came in late 1990 marks more than 25 years experience. When you factor in this experience, their broker/dealer connections and the impressive bad credit specialised HP plan on offer, it is surprising that they aren’t more popular online. Google’s keyword tool showed very few brand searches being made each month.