Thursday 30 June 2016

More Key Facts about Treehouse Payday Loans

Are you looking for a payday loan? If so then you have many options. However, one of the best options is definitely Tree House Loans. This company has many benefits over similar companies. For example, it focuses on customer service, tries to get loans for people who want one, and adhere to industry guidelines such as those of the FCA. However, there are many other facts about Tree House that you should consider including the following ones:

1. It takes all loans on a case-by-case basis

Even if customers have borrowed emergency money from Tree House before, it still takes steps to review a person’s current financial situation before giving the green light for a loan. For example, customers must still fill out a form that shows their current financial situation and status. This will help Tree House to decide whether or not lending money again is a wise decision. It might not be in terms of the lender as well as the borrower. 

2. It doesn’t customers to be overwhelmed with debt

Unfortunately the public often has the perception that the financial world doesn’t care about the customers it services. A common belief is that the lenders don’t care about whether or not borrowers can repay their loans.

However, Tree House is a different kind of company. After people take out short term loans it doesn’t want those people to be overwhelmed with debt. The company explains that it cares for its customers and doesn’t want them to have major problems repaying the money they borrow. Many companies don’t take this approach, so it shows that Tree House is definitely a different kind of company that is truly concerned about how taking out a loan will affect people’s general finances.    

3. It is not a lending company

It’s important to note that Tree House isn’t technically a lending company. In fact, it doesn’t even technically offer people loans. Instead, it only serves as a broker to find lenders for people who want short-term loans such as pay day loans, for example.

This is an important issue to remember. The reason is that Tree House only serves as a mediatory between the borrower and lender. However, this is certainly helpful when you’re interested in taking out a loan as it will help to make the process smoother.

4. It lends money who meet qualifications

Tree House only issue payday loans UK to people who meet certain requirements. For example, they must be 18 years old and be a UK resident. They must also have a valid UK address/bank account. These are all critical requirements that must be met before the financial company decides to give loans to a loan applicant. 

5. It doesn’t charge for submitting an application for a loan

Keep in mind that Tree House doesn’t charge any money when people submit an application for a loan via their website. However, keep in mind that the company is only brokering a loan and doesn’t actually lend money itself, but instead helps to work out a deal with lending companies.


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