Rating based on 46 reviews

Solution Loans – Personal loans

Updated

  • Low-interest starting from 14.2%
  • Personal loans up to £25,000
  • Repayment up to 10 years

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Solution Loans homepage

Author Solution Loans. Screenshot of Solution Loans website. [Accessed April 21, 2020]

About Solution Loans

We have been helping UK residents for over a decade to find solutions to their personal finance problems.

Solution Loans is under Affiniti Digital Media Ltd. Affiniti Digital Media Ltd is registered with the ICO and is authorized and regulated by the Financial Conduct Authority.

Solution loan aims

At Solution loans, we always look for innovative products and innovative lenders with whom to partner. While we continually develop our website to include new products, information, and tools, but always with ease of use at the centre of our thinking. At Solution Loans we are a technology-led finance broker that strives to provide:

  • A wide range of personal finance products.
  • The tools and information are necessary to help you identify the most suitable type of credit.
  • Solution loans broking service
  • It is free- one of the reasons we are a leading broker is that we do not charge inquiry fees.
  • We do everything online. We do not have call centres.
  • We empower users to make the right choices for themselves by investing behind our website.

The benefits of using Solution loans

At Solution Loans, we have your best interest at heart. We design all our loans to suit your specific needs and financial status. We only work with reputable companies and are constantly adding to our range of finance solutions. When you use our services, you'll get more choice and the same great deals as going direct, in most cases. Most of all our services are free.

Solution Loans Services

Get a loan at a historically low rate. At Solution Loans, we strive to take away the hustle of looking for a loan.

We have simplified the process as well as letting you apply and attach every required document online. There is no face to face meetings.

Solution loans personal loan

With Solution loans personal loan, you can borrow up to from £1k to £25k. You can borrow the amount you need without providing any security or collateral. The unsecured loan decision is based on your financial circumstances:

  • Your credit rating- it is so important to have a good credit rating.
  • The affordability of repayments- we will assess your income and all your expenses to determine how suitable you are to get a loan.

The Solution loan online loan calculator

When you apply for a loan, it is wise to only pick the amount you can afford to avoid your application being declined. The loan calculator will help you determine the loan amount and loan repayment period.

Things to consider when you apply for a loan

  • Borrow only the amount you need.
  • Repay your loan as quickly as possible.
  • Settle for a loan you can afford.
  • Understand the interest rate bands. Borrow slightly to reduce total costs.
  • Pay off your loan early.
  • Know your credit score by keeping tabs on your credit file.

Solution Loans Product Details

  • Loan Type Personal loans
  • Interest Rate from 14.2%
  • Loan Amount up to £25,000
  • Repayment 1 year to 10 years

Summary of Services

  • Clients with bad credit can apply for a loan
  • Low-interest rates
  • Get a competitive deal on a loan

A loan has the power to help you improve your credit rating. While it can also negatively affect it.

Apply for Solutions loans and become approved in less than an hour. However, not everyone becomes approved. We only approve those who meet our standard criteria.

Solution loans criteria

To save yourself from being declined, it is best to first check if you meet our lending criteria.

  • Be over 18 years and reside in the UK
  • Be able to afford your monthly instalments
  • You should not be employed. Self-employment is often acceptable.
  • You should have a monthly income. It could be a pension or benefits.
  • We do not need a guarantor or co-signer.

How to apply for Solution loans

At Solution Loans, we are an entirely online lender. Before you apply for our services you should be able to connect to the internet.

  • Step 1- visit our website and click on the apply now button. However, before you apply to make use of our online calculator to calculate the loan you can afford.
  • Step 2- fill in our application form by all your important details.
  • Step 3- after you have submitted your application. You can expect an email stating your application status within an hour.

You can also take a joint loan

Our loans are also designed to accommodate couples. If you are a part of a joint agreement your credit file will be linked to theirs. And if the other party is unable to pay, you will be at the risk of having to repay the entire outstanding amount.

The reasons you should be wise when taking a bank loan

  • Very risk-averse- it will be difficult to get an unsecured loan at a reasonable rate f you have had financial problems in the past.
  • Very competitive- loan interest rates are at a historic low although it sounds incredible the fact that they are very competitive.

Contact Solution loans

We do not have branches we do everything online. So, when you need us you should visit our website. You can also get hold of us on Facebook, Twitter, Instagram, and YouTube for endless conversations and all the answers you need for your questions.

Customer Reviews & Testimonials

November 2019

I am happy with the fact that Solution loan has no unnecessary charges.” 20/11/2018

George Y
— England —

October 2019

It is amazing how simply the Solution loans application is.

Lian T
— Birmingham —

Solution Loans Contact Details

Contact Number

  • not available

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • Monday 09:00 – 18:00
  • Tuesday 09:00 – 18:00
  • Wednesday 09:00 – 18:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 18:00
  • Saturday 09:00 – 13:00
  • Sunday – Closed