What is Home Credit

Home Credit is a form of short-term credit that provides a personal service through local agents. After your initial enquiry, one of our local collectors can visit your home at a time to suit you, discuss your requirements and complete your application.

We provide home collected credit for customers who value a local, face-to-face service. All applications are subject to an affordability assessment to make sure repayments are sustainable for the customer.

How Home Credit Works

After you make an enquiry, a local agent can visit you at home to discuss your requirements and explain the available options. If you decide to apply, we will complete an affordability assessment before a loan is agreed.

If your application is successful, your repayments are fixed for the agreed term. Many customers choose to have their weekly payment collected in person by a local agent, while other payment options are also available.

What Does Home Credit Cost?

The cost of a home collected loan depends on the amount borrowed and the agreed term. Before you agree to a loan, we will explain the repayments and total amount repayable.

Representative example

  • Advance                                £200
  • Repayable over                    22 Weeks
  • Normal weekly payment     £14.00
  • Total amount repayable      £308.00
  • Representative                     716.5% APR

This is a representative example and not an indication that every customer will be offered these terms. Lending is subject to affordability and our lending criteria.

For customers who would prefer or require alternative means of repayment, we offer both weekly debit card and continuous payment facilities.

Where Do We Lend?

We provide home collected credit across a number of areas, including South Wales, the South West, the West Midlands and the North West.

Our local agents provide a personal service within our coverage areas. If you’re unsure whether we cover your postcode, you can check the areas we cover.

Check the areas we cover

A Personal Local Service

Our local service means you can discuss your application and repayments with an agent face to face. We aim to provide a straightforward and reliable service while making sure that any lending is affordable and appropriate for your circumstances.

 

Authorised and regulated by the Financial Conduct Authority FRN 706238