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FirstPlus Homeowner Loans

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4 Jan 21st, 2008 

5 Ciao members have rated this review on average: helpful

Advantages:
Very easy to speak to

Disadvantages:
Loan secured on your home

Recommendable Yes:

Detailed rating:

Additional Charges

Ease of Application

supermumof4boys

supermumof4boys

About me:

I have been married for 16 years and have 4 boys aged 14, 11, 9 & 7 and a 9 month old baby girl. I w...

Member since:01.09.2005

Reviews:3

My husband and I applied for our FirstPlus Loan through Moneysupermarket.com. Staggeringly with all our credit and store cards and our car loan it worked out that we owed £52,000!!! We were paying £1200 a month on this, FirstPlus has now got that down to £400 a month. We can finally start living again.

FirstPlus made it so simple. I fill out a form on Moneysupermarket.com and then a FirstPlus advisor rung me back. She then went through a few details with me and done the credit check. I passed this, which she said is the hardest bit over with and then put me through to Mike, my Account Manager. Mike was really helpful and went through everything that we owed, how much we earnt and how much equity we had in our house. He also went through the insurance really thoroughly.

My paperwork arrived the next day with all the forms that we had to sign and complete. The good thing about this loan is that you have to provide FirstPlus with the names of the companies you owe money to and how much and they send you cheques for each of your bills so you definitely have to pay them off and not spend the money on anything else.

We sent out paperwork back in the special delivery envelope that FirstPlus supplied and we had our cheques 3 days later.

Everything ran so smoothly and the staff at FirstPlus couldn't have been more helpful.

Would definitely recommend. 

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Comments about this review »

gizmogizmo 22.01.2008 00:59

Sounds too good to be true ... I hope you aren't paying over the odds on the interest?



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First Plus - review by robert_parnham

Advantages: Straightforward; Quick Service
Disadvantages: Risked-Based Lending; Difficult to Phone

First Plus - review by robert_parnham robert_parnham 05.10.2007 (20.01.2008) · Read review
Ciao members have rated this review on average: very helpful
Review of First Plus



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