We at Forces Loans are delighted to offer short-term loans exclusively to serving personnel in the UK Armed Forces. This includes the Army, Navy, Air Force and all other UK Military personnel. We are proud to support the UK Armed Forces by offering a loan facility that will offer emergency cash and help avoid high bank charges, and we have over 10 years' experience in the industry.
It started with a simple idea, to meet our customer's needs for a short-term loan. The success that Forces Loans has enjoyed is the result of our ability to provide our customers with fast, convenient and simple access to short-term loans.
With the financial crisis still very evident, high street banks are making it harder and harder for people to get loans. In addition, many customers are concerned about the very high charges made by banks for unauthorised overdrafts. This has created a need for people to have access to simple and transparent loans that they can pay off quickly and will not get them into heavy debt. Our aim is to solve occasional, short term cash flow needs for individuals with an equally short term solution.
We offer multiple repayment options that will let you decide when and how you wish to repay your loan, making us one of the most flexible lenders in the market. First choose how much you wish to borrow, up to £800.00. The amount you can get will depend on your credit score and your history with us. Then choose the period you wish to repay over: from one pay period to five. We want you to have control over your loan terms and finances. All loans are subject to our affordability and creditworthiness assessment.
Short-term loans should only be used for borrowing money on a short-term basis and are not suitable for longer term borrowing.
Forces Loans is committed to responsible lending and adheres strictly to the rules laid down by the Consumer Credit Act 1974 (CCA) and Consumer Credit Sourcebook (CONC) issued by the Financial Conduct Authority (FCA). Our loans are designed only to be short-term to cover cash shortfalls and are not an efficient way of borrowing longer term. Our loans are offered only to customers who can afford it. As a responsible lender we are interested in building and maintaining good relationships with our clients.
We are authorised and regulated by the Financial Conduct Authority under Firm Registration Number 674017 and our Loan Agreements are made under the Consumer Credit Act 1974. We are also registered with the Information Commissioners Office (Registration Z816445X) and comply with Data Protection Act 1998 and the Privacy and Electronic Communications Regulations 2003.