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UCC Loan Company

Last post Thu, May 15 2008, 1:54 PM by andy97. 3 replies.
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  •  Wed, Jun 06 2007, 7:05 PM

    UCC Loan Company

    I was just wondering if this company is reputable or not  and if anyone has any experience of it?
    • Post Points: 20
  •  Wed, Jun 06 2007, 7:33 PM

    Re: UCC Loan Company

    Hi

    Within the call centre here at moneysupermarket we currently use UCC to source leads for customers who are not able to get "prime" rate loans. They have always been a steady partner and have a strong reputation.

    If you have any questions about them please feel free to drop me an email.


    Many Thanks,

    Gareth Sharp

    moneysupermarket.com
    • Post Points: 35
  •  Mon, Aug 06 2007, 7:09 PM

    Re: UCC Loan Company

    Hi,

    I rang Moneysupermarket for loan advice, and was put through to UCC who hastily signed me up as a client.

    1) Very hard to understand what person on phone was saying , heavy accent, got annoyed when I kept asking them to repeat things.

    2) Rung up a day later to be told my requested loan for £3000 not accepted but was put through to Provident credit who can lend me a paltry £500 - at average of 177 % APR!!!  Yes nearly 200% APR.

    Now my credit isn't great but its not too bad either - no bankruptcy, no CCJ etc. Just a few missed payments on 1 card.

    If all they could place me with is Provident, I'd be better off going to a loan shark at that interest rate! I am really suprised Money Supermarket uses UCC.

     UCC are a loan broker - no upfront fee but they if loan provider accepts you,
    loan provider may charge an acceptance fee that gets bundled into your
    loan.

    • Post Points: 5
  •  Thu, May 15 2008, 1:54 PM

    Re: UCC Loan Company

    hi,

    i'm currently trying to get an unsecured loan (i have poor credit).

    i got in touch with a company called advantage loans which screwed me for £50, they told me i had been accepted then never saw the money.

    because i am desperate for the money, icame onto moneysupermarket to see which loan companys would better suit me, it came up with ucc and citi finance ive applied to both.

    can you tell me if ucc are genuine as i have heard they do loads of credit check on you and i dont want my credit to get any poorer! do they charge you? because of what happened with advantage loans i feel scared to go to brokers, is it normal for brokers to charge an admin fee and are all brokers crools?

    ucc have got back to me so i want to know if they are good?

    cheers any help would be great!

    • Post Points: 5