250% - 440%
399.7%
£100 - £500
Minimum Term 1 Week
Loans up to £500 - up to 54 weeks
An agent will collect your repayments every week from your home
3-5 working days
No Fee
This can be discussed and decided by your representative
Cash delivered to your home
No
264th for APR of 423 loans in the UK (See Lender League Table By APR)
105th for Customer Satisfaction (See Customer Reviews)
Shopacheck offer a door to door lending option where customers can apply for between £100 and £500 loans. Their cash loans (which are delivered to your home) are offered over 1-54 week terms and a representative will come to your home to collect your repayments. This is an option that should only be used if you have a bad credit rating and cannot get a loan from lenders with lower APR.
The application process is similar to that of other door to door lenders. You can apply initially online. The application is fairly quick, you will be given an instant provisional decision and then they will contact you within a few hours with their final decision. If you are accepted you will have to arrange for a representative to meet you to finalise your application. Once you have met, your documents have been verified and you have signed the credit agreement, the money should then be brought back to your home within 3-5 working days. You will also be given a payment book - make sure you keep this up to date and log every single repayment you make.
Shopacheck offer a door to door lender option where customers can apply for loans between £100 and £500. Their cash loans (which are delivered to your home) are offered over 1-54 week terms and a representative will come to your home to collect your repayments. This is an option that should only be used if you have a bad credit rating and cannot get a loan from lenders with lower APR.
The application process is similar to that of other door to door lenders. You can apply initially online. The application is fairly quick, you will be given an instant provisional decision and then they will contact you within a few hours with their final decision. If you are accepted you will have to arrange for a representative to meet you to finalise your application. Once you have met and everything has been sorted, the money should then be paid out within 3 - 5 working days.
The representative APR with Shopacheck is higher than that of other door to door lenders and they don't operate in as many areas as others. The interest charges are high, however if you have bad credit this may be one of the only options available to you. Bear in mind if you start missing payments the loan will become a lot more expensive so keep a close eye on the amount you are paying and try and pay the loan off quickly or at least over the time-scale agreed at the start. Its also not advisable to make repayments late as it is not pleasant to have people knocking on your door for money that you do not have. Not the quickest of loans to get paid out so maybe not the right option if you are looking for funds quickly. Only apply for this loan if it is your last resort.
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Default Fees |
If you default on a payment, your loan will be referred to bailiffs who will take immediate action and repossess items |
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Early Settlement Fees |
You can settle your loan at any time without a charge |
|
Late Payment Fees |
If you are going to miss a payment, you need to speak with your agent to arrange a better date. Or, they will get bailiffs involved. |
Average Customer Review:
(13 customer reviews)
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ok if your desperate!
Louise, Chatham
4 months ago
They are ok if you need the money desperatley! To me there no different to the other door step money lenders, I find them better than greenwoods or provident. They give you a loan whatever sort of credit rating you got. And they do not send baliffs out if you don't pay aslongg as you explain to them your situation there usually fine about it, but if...
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Avoid
Debby, St albans
1 month ago
Avoid like the plague. I was not in a collection area for the agent. So I suggested I leave him cheques on a four week basis. He told me he would cash the cheque every Friday. When he went on holiday without telling me HE CASHED TWO CHEQUES in one week. So once cheque bounced. Although, I have finished paying the loan shop a check want to charge...
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Very Helpful
Roxy, Birmingham
5 months ago
Have been with shopacheck for many years. I have bad credit, and can only get credit with companies like this. Yes the interest is high - but then they are lending to people that are a 'risk'. I have a lovely agent who has became like a friend, I have never,ever felt pressured or bullied, i have missed a lot of payments, yet ive never had threatining letters etc. I have a few loans per year from them. My agent will have the money by the next time he collects from me.
Terrible-go elsewhere
Pat, Bristol
6 months ago
I am surprised that they get away with charging massive interest rates. These loans can get you serioiusly into debt, and are usually aimed at people who are on low incomes or benefits. I have had loans that total £1000, they keep offering more and more as I always pay on time. I told my door collector I want to clear what I owe and DO NOT want any more loans.Now she keeps asking me to have a shop-a-check credit card! NO THANK YOU, What, so you can drag me more into debt? i dont think so.
You really are better off saving money yourself (what you would be paying in re-payments with a loan) PLUS, there wouldnt be the interest.
its just not worth it for the interest they charge.
These loan companies seem almost like 'loan sharks'
They are borderline criminals!
BE WARNED!!
I guess if you are absolutely desperate, you have no choice but to take a loan, but make it a one off thing and refuse other loans they will inevitably offer you, especially while still paying off your first loan.
Joke,only do it if your desperate
Sarah, Wolverhampton
6 months ago
FIRST LOAN WILL ONLY BE £100,never be fooled that you will £500,So i had loan £100 had to pay back £160 @ £5 per week,had £30 outstanding she offered me another one,i thought yeah why not,OFFERED £100 AGAIN & NO MORE,SAID SHE COULDNT SAY WHY?!,i never missed a payment!!Gave me loan £30 Short,i asked why she said outstanding balance on other LOAN!!So i had loan for £70 & paid £160 back WTF!!
PREY ON PEOPLE ON BENEFITS!!
2WEEKS TO GET LOAN
U HAVE TO WAIT OVER 3WEEKS TO GET ANOTHER LOAN AS SYSTEM IS ALWAYS DOWN (CONVIENIENT?)
Kingston House, Centre 27 Business Park, Woodhead Road, Birstall, WF17 9TD
0800 280 0690
Shopacheck Debt Help
http://www.debt-line.org.uk/ShopacheckFinan...
