Direct line loan
Loan market is flooded with loan companies who offer various loan products. To stand out each company has to define its uniqueness. One such company is Direct Line which offers many financial products including loans. Direct line as the name itself suggests is a financial services company offering different financial products to the residents of England. There are no mediators in the Direct Line Loans. They provide two types of personal loans one with payment protection and without payment protection. Direct Line personal loans are provided by Bank of Scotland with its office headquartered at Glasgow.
Direct Line Loans are available for residents of Scotland, England and Wales. They should be solely used for personal purposes like buying a car, home improvement or a simple vacation. Name the purpose of your loan, Direct Line has a personal loan for you.
The APR's or the interest rate of the loan is decided on the credit scoring of the customer. The credit scoring is decided on the basis of application submitted by the customer. The Direct Line loan amount would range from £1,000 to £10,000with a loan term for a maximum of 60 months. Direct Line Loans can be applied over phone or over the internet.
The discounts offered with the loan is 10% off on the car insurance product of Direct
Line, the discount can be availed within 12 months of disbursement. Payment protection is another benefit offered by the Direct Line Loan. To be eligible for payment protection you need to be between 18 to 70 years of age, employed in the UK. In case of joint application loan payment protection is available only for the first named applicant.
Information about Direct Line Loans is available in print. Direct Line also supports services for people with specific communication requirements. Direct Line offers customer support through phone and email. The customer advisor's will thoroughly investigate the complaint and reply as early as possible. Phone lines are open from Monday to Friday from 8 a.m. to 9 p.m.; timings vary on Saturdays and Sundays.
Direct Line loans are affiliated to financial ombudsman service. This is a regulatory authority set up by financial services authority. Any unresolved complaint of Direct Line Loans is taken to financial ombudsman service to seek a suitable resolution within 30 days.
Direct Line loans are for people in need of money and with regular employment. The payment protection cover and excellent customer support helps customers get the best out of their loan. Apply for a Direct Line Loan and make the best use of it.
