Yes, Aspire Money is a broker. Aspire Money is a trading style of Aspire Commercial Finance Limited, which is authorized and regulated by the Financial Conduct Authority (FCA) to provide credit broking services. As a broker, Aspire Money helps customers find suitable loans from a panel of lenders.
What services does Aspire Money offer?
Aspire Money offers credit broking services, helping customers find suitable loans from a panel of lenders. They specialize in finding loans for individuals with various credit histories.
How does Aspire Money make money?
Aspire Money makes money by charging a commission from the lenders for connecting them with customers. They do not charge any fees to the customers directly.
Is Aspire Money a direct lender?
No, Aspire Money is not a direct lender. They do not provide loans themselves but rather act as an intermediary between customers and a panel of lenders to help find suitable loan options.
How does Aspire Money select lenders for its panel?
Aspire Money carefully selects lenders for its panel based on their reputation, terms of loans offered, and the variety of loan products available. They strive to provide customers with a diverse range of loan options to choose from.
Is Aspire Money safe to use?
Yes, Aspire Money is safe to use. They are authorized and regulated by the Financial Conduct Authority (FCA), which ensures that they operate within the guidelines set by the regulatory body to protect customers’ interests.
Can I trust Aspire Money with my personal information?
Aspire Money takes data security and customer privacy seriously. They have robust measures in place to safeguard customers’ personal information and comply with data protection laws.
Does Aspire Money perform credit checks on customers?
Yes, Aspire Money may perform credit checks on customers to assess their creditworthiness and match them with suitable lenders. However, they work with lenders who consider a variety of factors beyond credit scores.
Are there any hidden fees when using Aspire Money?
There are no hidden fees when using Aspire Money’s services. They do not charge customers any fees for connecting them with lenders. Customers only need to pay the agreed-upon interest rates and charges by the lender.
How long does it take to receive a loan through Aspire Money?
The time it takes to receive a loan through Aspire Money may vary depending on the lender and the complexity of the application. Some customers may receive funds within a few days, while others may take longer.
Can I apply for a loan with Aspire Money if I have bad credit?
Yes, you can apply for a loan with Aspire Money even if you have a bad credit history. They specialize in finding loan options for individuals with various credit backgrounds.
Is Aspire Money available nationwide?
Aspire Money’s services are available nationwide in the UK. Customers from all regions can access their credit broking services to find suitable loan options.
How can I contact Aspire Money for assistance?
You can contact Aspire Money through their website, where they provide contact information, including phone numbers and email addresses. Customers can also reach out to their customer support team for assistance with loan inquiries.