Also known as home credit loans, doorstep loans in Glasgow are cash loans designed to save your skin when unexpected expenses catch you off guard.
The agent of a lender will give the money to you at your doorstep. These loans are a perfect choice for those who do not have a bank account or who cannot access the account for a temporary period due to some reasons.
Given below are the steps to follow to apply for doorstep loans:
Occupyloans provides you with the convenience to apply for doorstep loans. No discomfort throughout the repayment period!
It is partially true that cash loans in Glasgow are the same as payday loans.
Since both types of loans carry high-interest rates, you can use these terms interchangeably.
Yet, they have some peculiarities. When you notice, you can find a big difference between doorstep and payday loans in Glasgow.
Give a glimpse at the table given below:
| Doorstep cash loans | Doorstep cash loans | |
|---|---|---|
| Repayment period | It can be up to a month. | It cannot be more than 14 days. |
| Instalments | Weekly instalments are possible. | A lump-sum payment is made. |
| Bank account | It is optional as money can be handed and collected at your doorstep. | The application cannot be approved if your bank account is not active. |
| Employment | No full-time job is mandatory. Benefits can serve your income. | You must have a regular income source. Unemployed people cannot apply for them. |
We do not believe in lengthy paperwork, especially when reasons are plenty to get an urgent need of money.
Before we qualify for loans in Glasgow application put in by you, we will ask for your permission to look at the bank statement of the previous three months.
This will let us know about your regular expenses to find out whether you will be able to meet your debt obligations.
If you do not have a bank account due to any reasons, you will have to give us an account of your average spending.
Then, we will see if you have enough cash coming in to meet your monthly expenses so that we can have an idea of your repaying capacity.
When you apply for same day loans in Glasgow with any lenders, you will have to pay some fees that will be included in the interest rate or APR.
Different money lenders in Glasgow follow different fee structures. The fees charged by lenders can make your loan deal expensive. This is why you should do proper research.
When you apply for home collection loans with us, the following fees will be a part of your loan processing:
0% while other lenders may charge up to 20% of the amount you borrow
0% while other mainstream lenders will charge up to 4% of the borrowed amount.
Up to £10 only in case of default, while other lenders may charge between £25 and £50.
Yes, if you want a straight answer, you need to know more about loans in Glasgow with no credit checks. All short term loans except payday loans require a credit check, but you may have a poor credit rating, and you do not want to lose it further due to a credit check at the time of loan application.
Therefore, no credit check facility is given to such borrowers. Note that the interest rates of these loans will be slightly higher because they increase the risk of the lender.
Although these loans are expensive, we ensure that you will get them at the most competitive interest rate from us. These loans are ideal if you struggle to have approved for very bad credit loans.
Various online lenders are out there providing doorstep loans. You can think that they all have been following the same terms and conditions, but that is not true. Our doorstep loans are more affordable than other online lenders. Below is the table that tells you how our loans vary from Provident loans in Glasgow:
| Occupyloans doorstep loans | Provident doorstep loans | |
|---|---|---|
| Buffer period | In case of default, you will get a buffer period to avoid an impact on credit rating. | You may or may not get a buffer period when you default. |
| Early repayment fees | You can pay well before the due date without anything to charge. | You will have to pay hefty early repayment fees. |
| Loan amount | You can borrow more than £1,000 as per your affordability. | The maximum borrowing limit is £1,000 |
We know that doorstep loans are more expensive than other forms of lending, but we still assure you that our loan deals will be favourable.
We vouch for providing you with the best to lend you money at affordable terms.
We do not calculate the affordability just based on interest rates, but we also include other factors like payment struggle, credit score damage, etc.
*you will have to inform us two days before the due date about your payment struggle. We will reschedule the repayment date without imposing late payment fees.
