Questions and Answers about the Gallery Finance service.
Who are Gallery Finance?
Gallery Finance is one of the country’s leading finance brokers, with over 25 years worth of experience in providing generous and manageable finance loans. To view more information about Gallery Finance, please visit our About Us section.
Does Gallery Finance offer competitive interest rates?
Our long established relationships with a number of the country’s premier lenders allow us to pass on our privileged interest rates directly to our customers. Our typical APR is 15.9%, although our rates may vary from 7.9% to 29.9% subject to status.
Can you help if I have a poor credit history?
We have extensive experience and success in helping people with a range of debt problems including existing non-secured loans, County Court Judgments (CCJs), and mortgage arrears. We will consider each application on a case by case basis.
Can you help me consolidate my existing credit and lower my monthly outgoings?
At Gallery Finance we specialise in debt consolidation. Following the analysis of your financial requirements, we can negotiate with your credit providers to determine the best available settlement and pay them all off with one of our loan plans over a period and monthly amount that is suited to you.
How do I apply for a loan?
Taking the steps to change your future for the better really couldn’t be simpler. You can either call one of our friendly and informative operators on 01606 73 85 85, make your application through the Gallery Finance website by using our online application form. Our application process is completely free, and at no time will you be under any obligation. We look forward to hearing from you.
What information will I need to provide?
Our application process is based on you providing accurate, honest and truthful information. You can do this by either calling one of our friendly and informative operators on 01606 73 85 85, or by using our online application form. Following your application, Gallery Finance will guide you through every step of the way to securing your loan, providing support and assistance with detailed enquiries and documentation.
And after I apply; what then?
As soon as your details are received, we at Gallery Finance will immediately assess your individual financial requirements, exploring the best options available to you. We operate to a policy of attempting to secure approval within 48 hours of your application, keeping you fully informed along every step of progression. We will then provide a full breakdown and explanation of your loan terms, offering assistance in any way that we can to ensure that you fully understand your loan and are completely satisfied.
How long until I can get my loan?
Gallery Finance aim to secure financial approval within 48 hours of receiving your loan application. During this process we will keep you fully informed of progress at all stages. Our close working relationships with some of the country’s premier lenders allow us to progress through the process relatively quickly, meaning that you are not waiting around for your money. The sooner you start the ball rolling by making a loan application, the quicker Gallery Finance can help. To start now, simply call on 01606 73 85 85 or utilise our online application form.
Once I have secured my loan can I use it for any purpose?
Once your loan has been secured the money is yours. As we outline on the Gallery Finance website, your loan could be used for anything from simple debt consolidation to a new modern fitted kitchen, a luxury holiday in the sun or the soft top convertible that you have always craved.
What is the lowest rate loan that I can get?
Gallery Finance’s long established relationships with a number of the country’s premier lenders allow us to pass on our privileged interest rates directly to our customers. Our typical APR is 15.9%, although our rates may vary from 7.9% to 29.9% subject to status. To get an estimation of your loan terms, please use our loan calculator, call today on 01606 73 85 85 or utilise our online application form.
What will I be paying a month?
This is completely dependent on the loan amount that you wish to borrow, and the period of time that you wish to borrow the money for. To generate an estimate of your monthly loan repayments, please use our loan calculator. This will give you an indication of what you can afford to borrow and the terms of your repayments.
Over how long a period can I spread my loan repayments?
Gallery Finance offers loans plans over periods from 5 years to 25 years.
Will my payments be insured?
The majority of Gallery Finance customers choose to insure their loan payments with payment protection, offering peace of mind and security.
Which loan companies do you work with?
Gallery Finance has a wealth of experience in dealing with some of the country’s premier lenders. Our long established relationships allow us to progress through the loan application and approval process relatively quickly, and pass on our privileged interest rates directly to our customers, making Gallery Finance on of the UK’s leading choices for secured loans.
How will Gallery Finance be paid?
Gallery Finance receives a commission from the lending company for securing the loan. This commission is variable and is dependent upon a number of factors, such as who the lender is, the interest rate that is charged. The typical commission amount received would be 2.5% of the loan amount that is borrowed. This amount is made directly from the lender to Gallery Finance and is not deducted from your loan advance. Gallery Finance may also charge you a fee. This fee can be up to 12.5% of the loan amount that you agree and is payable upon the completion of your loan. This fee is normally added to your loan. The full breakdown and explanation of your loan terms that we will send you with your loan offer contains further details on how we are remunerated.
What types of finance are available to me?
Gallery Finance offer secured loans from £5,000 up to £100,000 to homeowners. We will analyse your individual financial needs and advise you on the best available options for securing the finance that you require. Our goal is to provide you with the best solution, whilst delivering a friendly and personal service.
How much can I borrow from Gallery Finance?
Gallery Finance confidently offers loans from £5,000 up to £100,000. Our loan plans range from a period of 5 years to 25 years. To get an estimation of your personal loan terms, please use our loan calculator, call today on 01606 73 85 85 or utilise our online application form.
Can I repay my loan earlier than agreed?
You can pay your loan back at any time you wish. Your personal loan agreement will show exactly how any early redemption cost is calculated. Your loan will meet all FISA standards, and you will receive a FISA borrowers information guide, which will explain the process in further detail.
Can I have a fixed rate?
Yes, Gallery Finance is able to offer fixed or variable rates details upon request. We have access to many solutions, so whatever your requirements - we are here to help.
Are there any hidden charges?
No, all charges are detailed within your personal loan agreement. Gallery Finance is able to offer plans to suit varying circumstances, including loan plans for the self employed, those without accounts, or people that have retired. We can even help if you have CCJs, mortgage arrears, or a poor credit rating. Occasionally, a service charge of up to 5% may be required. This enables us to offer plans that may not be available elsewhere.
Still have an unanswered question?
Not a problem. Remember, we are here to help and ensure a friendly and personal service. If there is anything further that we can help you with please feel free to contact us on 01606 73 85 85 or by using our online contact form; we aim to respond within 24 hours.
