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.