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Yes Loans is the UK's largest credit broker in the UK, processing 50,000 loan applications every month! They specialise in providing finance to individuals that are struggling to raise finance from other companies and high street lenders. As you would expect from any loan product targeted at individuals who have bad credit, CCJ's, defaults and mortgage arrears, the amount you repay is relatively high.
They do actually mention other debt solutions like IVA's and Debt Management on their website, but we think it's safe to say that they should really be considered a loan specialist.
To ensure that you get the right advice, we provide free access to expert charity debt advisors who provide unbiased debt advice. This helps those in serious debt to avoid advisors who charge excessive fees or feel it is reasonable to extend the period individuals are in debt beyond what is reasonable and logical.
| Solutions | Debts Written Off | Legally Binding | Interests & Charges | Residential Status | ||
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Average 58%*
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Yes
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Stopped
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Tenant or Homeowner (Eng/Wales)
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Not Normally
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No
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Many Freeze
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Tenant or Homeowner
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Consolidated
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Yes
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New Rates & Charges
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Tenant or Homeowner
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Bankruptcy is a severe last resort if you are in serious debt and no other debt solution can save you from going bankrupt. Bankruptcy may protect you from your creditors and allows you to start fresh, but you need to think carefully about all the implications involved.
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*58% was the average debt write off with an IVA, April - June 2008, CCCS
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If you call Yes Loans after visiting this website or have dealt with Yes Loans before and would like to share your experience with other users of Talk About Debt please click the button below and create a Yes Loans Review.
Please do NOT touch !! google reviews and you will see exactly what I mean, I have just been scammed by these and had to cancel my card in the processReviewed by: anonymous
Would reviewer recommend this organisation? No
PLEASE DO NOT GO NEAR YES LOANS!!!!!!!!!!!!!!!! total scam, had to cancel my card!!! be warned!!!!!!Reviewed by: jojo
Would reviewer recommend this organisation? No
I had never heard of Yes Loans until today, when I asked the caller for the company name. I have been put on hold waiting to speak to customer service to make a complaint for the last 30 mins and have been subjected to awful classical music and an automated voice assuring me that my call is important and they will deal with me as soon as possible. I have just been cut off after holding for the last 45 minutes. I have been plagued with calls for somebody who I have never heard of. I receive up to 6 calls per day from this company asking for somebody who doesnt have this telephone number. They assure me they will delete my number from their contact list. They dont and the calls keep coming. This is harrassment and something needs to be done about this company.Reviewed by: D Leone
Would reviewer recommend this organisation? No