Frequently Asked Questions

Aspire Money Limited do not charge any fees and if we are successful in finding you a financial product, our income will derive from commissions paid by finance providers on completion of your loan.

A loan which is not secured on any asset. Since there is no security attached to this type of loan, loan providers may see you as higher risk.

A homeowner may be considered as a lower credit risk due to stability and therefore may qualify for larger loan amounts, lower repayments, longer repayment periods and a lower annual percentage rate. A tenant may be considered a higher risk and may only qualify for an unsecured loan options with smaller loan amounts, higher repayments and shorter repayment periods. These decisions are made by the lender and are based on the individual's circumstances and credit score.

You will be contacted by one of our experienced Consultants shortly after submitting your online enquiry who may need some additional information before your enquiry is submitted to the lenders on our panel.

If we have received a complete enquiry from you, we will submit it to the lenders on our panel in order to provide you with any loan options that may be available. Where your enquiry is incomplete and requires additional information, you will be contacted by one of our experienced consultants shortly after submitting your online enquiry who will complete the enquiry for you before submitting to the lenders on our panel.

Loans are available between £500 to £25,000, subject to status.

Aspire Money Limited is a Credit broker and not a lender. We will assess your enquiry, based upon the information you have or will provide, for suitable loan options that may be available from lenders on our panel. Our experience in the loans market allows us to help customers have the best possible journey from the moment they start their loan enquiry right through to getting the funds in their bank account. We never forget that you the customer are the main focus of what we do as a business.

No, you are under no obligation to proceed with any loan options or offers that you qualify for.

Yes, our panel of lenders assist individuals with different circumstances, in order for us to assist you we will need to complete a full enquiry to get you a loan decision from our panel of lenders.

There may be instances where a guarantor is required; however, this depends on your personal circumstances, we have lenders on our panel with various options that may be available to you.

In order to process your loan enquiry, we will perform a soft credit check on you with one or more Credit Reference Agencies(“CRAs”). Soft credit searches are not visible to other companies so it has no impact on your credit score or any future applications you may make.

If you proceed with a loan, the loan provider will conduct a full credit search. If you have multiple credit searches done on your file within a short space of time then this may affect your credit score.

Some of the lenders on our panel pay out the loan on the same day that they receive the signed loan agreement from the applicant. This will differ between lenders, we can confirm this when discussing any loan options with you.

Yes, all we require is basic deposit details which are your sort code and account number.