Common Profiles

The minimum and maximum loan amounts are determined by the individual lender and do not usually exceed £25,000, as the lending is unsecured and would pose a high commercial risk to the lender.

The customer owns the vehicle from day one, as they are buying it outright using the loan amount. They therefore immediately take title to the vehicle.

The customer agrees to make regular payments to the lender until the amount borrowed plus interest is repaid in full, and there are no mileage or usage restrictions on the vehicle.