Mutual
Good:
They can help you if you have had problems with your credit
Bad:
If you miss payments and do not organise another payment date, agents may harass you at your home
Verdict:
Of all the doorstep lenders, this is the cheapest - before you apply, think of the high charges and the threatening agents if you don't make payments on time
Mutual are a family-owned doorstep lender that can lend between £50 and £2,000 for 26, 51, 102 OR 156 weeks. They operate on a door to door basis which means they deliver the money to your house and they collect the money from your house.
You can only apply online. You must enter your postcode to ensure they have agents operating in your area. A sales agent will call you to confirm a day and time to visit your home with the documents. They will bring everything you need to your house and you will need to identify yourself with photographic ID. You will fill out the application form with them and then the agent will go back and assess the application with their manager. They will run a credit check on you, but every application is assessed individually so you can have bad credit in the past. You just need to be able to prove that you can afford the loan now. You will then get a call from Mutual telling you if you have been accepted or not. If accepted, the money will be delivered to your home.
Mutual operates on a very similar basis as other doorstep lenders - they charge higher interest rates but they are very convenient as they accept you if you have bad credit and they will come to your home for everything. Be cautious when applying with companies such as Mutual or anything similar as generally their agents work on commission. This can lead to problems if you are unable to make repayments as this means they do not get paid. Their agents may even harass you at your home.
ex-customer, 1st agent brillent, like clock-work from payout to collection - sadly she left just after i had paid up. When i was in need of a further advance, I tried in vain to get a further advance, rang the office, applied on line. Took 1o days for someone to get back to me, load more paperwork filled in, a further week to turn me down. I had gone from being unemployed to employed and just needed a small advance to tie me over till payday thank god for PROVIDENT, unlike Mutual, no hassle, all sorted in 2days. Would not waste your time or money on Mutual - only as good as your agent is.
ex agent was bril, then left replacement useless and only interested in gossip and making a quick buck when it suited him. the milton keynes manager looks you up and down like your something she trod in and not got the time of day for you if you ring the office. company has gone down the pan and i won't be using them, they are not interested in doing business in a professional manner and hound you like adog if you get a problem
lied said u dont need a good credit history and mines not perfect but its not bad, out of order took my details and knocked me back and theyve now passed my details on to other companies and they wont leave me alone , dont apply go to provident , shopachek because mutual are crooks, a friend of mine since told me her agent never paid he money in and scammed her so beware!!!!!!!!!!!!!
on mutual sight it says that if u have bad credit they still help u and they are not interested in the past its the future ,load of rubbish dont apply if ur credit isnt good
l have been with Mutual for years now.and they are always willing to help me whenever l call my agent to increase my loan.so thank you very,very much and keep it up.
mutual loans are god sent .when no one else can trust you they do . best service you can ever wish ,they dont judge yu . thankyou mutual for been there in my timeof need.
Mutual there are the best home loan, i recommend to everyone. APR is one of the best. My agent is a pleasure to deal with him. If youi have not tried Mutual try them, you won't be disappointed.
this was a very good experience as i had been refused credit elsewhere ,due to previous credit history , due to divorce, they helped furnish my home great quality goods , much cheaper than the bright shop,thank you
you can not fined any one better than mutual fact try the rest then come to the best
- You must live within an area an agent operates in - check their website and enter your postcode to find out
- You must be 18 years of age or older to apply
- You do not need to have a good credit history
- You do not need to have a bank account or direct debit facilities
- You must have been a UK resident for one year or longer
- You do not need to be employed. It doesn't matter if you are a carer, on benefits, on Job Seeker's Allowance or a homemaker
- You must not live in a buzzer entry home
- If you default on the loan, your loan will be referred to bailiffs who will take immediate action and repossess items
- If you are going to miss a payment, you need to speak with your agent to arrange a better date. Or, they may get bailiffs involved
- You can settle your loan at any time without a charge
