What about the application process?

We’ve made the application process as straight forward as possible by:

• Making our application form as user friendly as possible.
• Our loan calculator provides an accurate indication of the monthly and overall cost of your loan.
• We assess your application based on information gained from reviewing your credit file and recent bank transactions.
• We make use of Open Banking technology, which enables us, with your permission, to have digital access to your recent bank account transactions. This enables us to quickly assess whether you can afford the loan.
• We don’t charge any upfront application or administration fees. However if you make a late payment this can result in additional interest and a charge of £15.

How quickly do I find out whether I qualify for a loan?

As we make use of industry leading credit risk technologies we can assess your application in seconds and provide a loan decision that can be communicated quickly without the need to request additional information from wage slips and bank statements.

Who are our customers?

At Cambrian, we want to give people the chance to borrow even if they don’t have a perfect credit score. We lend responsibly, ensuring that customers can afford the required monthly payments before proceeding with the loan.

Are your documents easy to understand?

Yes, we are totally committed to treating customers fairly at all times. Our documentation is clear and transparent making it easy to understand and there are no hidden fees ensuring that there are no unwelcome surprises during the time of the loan.

Do I need for a guarantor?

We are confident in our ability to assess applications fairly and we trust that our customers can make payments without the need of a guarantor.

And finally……

Taking out a loan is an important decision and our friendly customer support staff are on hand if you have any questions. It’s important for you to consider that late repayment can cause you serious money problems