Loans FAQ:

• Who can apply for loans?
• What kind of loan can I apply for?
• What can I use my loan for?
• What are Tenant Loans?
• What is credit scoring?
• What are Credit Reference Agencies?
• Can I see my credit record?
• How can I contact the Credit Reference Agencies?
• The Consumer Credit Act (1974)
• What is APR?
• What interest rate will I get?
• What if I have been quoted a high APR?
• Should I take out payment protection?
• What is a secured loan?
• What is an unsecured loan?
• Do I really need a loan?
• How can I spread the cost of Christmas?
• Does ADM offer payday loans?

Should I take out payment protection?

  We highly recommend you take out payment protection with your loan. We will not, like some other companies, go into the horror stories about what will happen if you should lose your job, or your circumstances change drastically.

  All we will do is recommend you insure your repayments, then leave the choice to you. Please indicate on your application whether you wish to take out this protection. When you receive your loan offer, you can change your mind, and inform either ADM Loans or the lenders directly.

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