2014 Lender Lists:
Morses Club @ www.morsesclub.com
With the main product, you can select terms of 34 (for £100 to £600) or 50 weeks (£500 to £1000). A term of 33 is available that is specific to Northern Ireland residents only. There is a noted new customer restriction of £150 and so this should make the 34 selection only possible at first. A £100 charge here would be £70 whilst for existing customers £300 would be set at £210. This makes this service more expensive than the rates available from the leading lenders in this sector. When applying, you either fill in a basic form at www.morsesclub.com or you can give them a ring.
When I entered a local postcode in the quick contact box it stated that they did not operate in my area that is never a good sign. If they can cater, then an agent will agree on a time to come round to your home within a few working days. On last count there was approx 180 staff and a further 450 agents. This website contains limited service details. There is for instance no specifics regarding just who can qualify for a Morses Club loan. With a higher price than the major names (who cover every major location), this doorstep lender doesn’t stand out as a particularly desirable choice.