Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

    Together Money Loans Alternative

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Choose Loan Amount

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    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Choose Loan Amount

    Credit score not affected*

    Loading

    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid out in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    REPRESENTATIVE 97% APR

    Loanski offers competitive interest rates compared to some lenders across the market.

    Installment Options

    Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

    Fast Payouts

    You can expect fast payouts sometimes within 10 minutes^

    Company Number: 

    02613335

    Company Name:

    ‘Together’ including Together Money is a trading style of Together Personal Finance and each of the noted companies:

    • Together Financial Services
    • Together Commercial Finance Limited
    • Spot Finance Limited
    • Auction Finance Limited
    • Bridging Finance Limited
    • Blemain Finance Limited

     

    Type of Business: 

    64921 – Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors.

    Previous Business Names:

    CHESHIRE MORTGAGE CORPORATION LIMITED

    22 May 1991 – 09 Jan 2017

     

     

    Together Money offers the following:

    £10,000 to £100,000

    Loan term length:

    3 years to 30 years

    Date firm started up business:

    22 May 1991

    Head Office Address:

    Lake View,
    Lakeside,
    Cheadle,
    Cheshire
    United Kingdom
    SK8 3GW

    FCA Status: Authorised

    Payout Time:

    Payout time depends on how long it takes for you to submit all of the relevant documentation to Together Money but shouldn’t be any more than a few days.

    Together Money Review

    Together Money is a specialist loan company who have been lending to customers for over 45 years. They started out in 1974 as just a small company, “just ordinary people lending to ordinary people” is the term on their website used to describe themselves.

    Between the dates of 1991 and 2017 they traded under the name of Cheshire Mortage Cooperation Limited and then changed to Together Personal Finance Limited in 2017.

    Together Money offers two types of loans to customers, secured loans and bridging loans.

    Their bridging loans are mainly for things like property developments, you can borrow money for up to 12 months and only pay the interest. The rest of the loan moment you owe is taken when you complete the sale of the house.

    Their secured loans can be taken in large amounts and are secured against your property. You are able to apply for amounts from £10,000 all the way up to £100,000 and have between 3 years to 30 years to repay it.

    What is the meaning of Together Money?

    Together Money is two words from the English Dictionary meaning the following:

    Together – ADVERB

    with or in proximity to another person or people.

     

    Money – NOUN

    a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

     

    ‘Together’ is the main word of the company and then added to this they have each section that they work in. For example Together Money, Together finance etc.

     

     

     

    How the company works:

    Because Together Money only works with larger loans you will need to give them a call to discuss your options and apply.

    If you prefer you can fill out the request a callback form on their website and they will contact you at a convenient time.

     

    Repayment method:

    Repayment is done by monthly direct debit. In most cases, if you are renovating a house to sell then you can pay back only the interest of the loan until the sale of your property is complete or more money comes in to make your repayment.

     

    Do I need a bank account?

    You will need a bank account when applying for a loan with Together Money as the amounts they lend are normally large, so the money will be transferred directly into your bank account.

     

    To be eligible to apply for a loan you must fit the following criteria:

     

    Age

    The minimum age to apply for a loan in the United Kingdom is 18 years of age. Together Money does not state their minimum age requirement, however, as their loans are mainly based around property developments there is a chance they may have an upper age limit of between 21 and 23 years old.

     

    Address information

    You will be required to be a resident within the United Kingdom to be eligible and will need to supply your address information over the previous 3 years.

    This is so that Together Money can run the necessary background and identity checks.

     

    ID and Income

    You will need to prove that you have the income to repay the loan to have a property which the loan can be secured against.

    You may also be required to fill out a monthly expenditure form so that Together Money can check that you are able to make your repayments.

    On the monthly outgoings section, you can provide information on which bills you are already paying monthly so, for example, monthly mortgage payments, grocery bills, credit cards, child care payments, utility payments and any other monthly bills you may have.

    If you are a property developer applying for a loan then this section may not apply to you.

     

    Penalties

     

    If you do not make your repayments on your loan then there could be heavy consequences, you may incur late fees or additional interest on your loan. If your loan is secured against your property then you risk losing your property if you continually miss your loan repayments.

     

     

     

    Reviews

     

    Unfortunately Together Money do not have a great star rating on Trustpilot. There overall rating is only 2 stars out of 5 with a lot of customers complaining about them.

     

    While there are a few 5-star reviews of customers saying they never have any issues and that they would borrow again from them, the majority of their reviews are rated as ‘bad’.

     

    In fact, only 24% of their reviews have a 5-star rating! A massive 76% is rated as both ‘bad’ and ‘poor’.

     

    A lot of complaints revolve around the extremely high-interest rates Together Money have, customers ended up paying nearly 4 times what they borrowed and if any letters were sent out they were also charged for these which is very worrying.

     

    With the FCA regulating these companies now it may not be as negative presently. A few of the customer reviews are quoting back over 15 years ago.