Who are Swift Sterling Loan Company?

Swift Sterling UK is a loan company established in the UK that provides short-term loans to customers in need of financial assistance. The company is owned by Northway Financial Corporation Limited and has been operating since 2011. Swift Sterling UK is a trading name of Northway Financial Corporation Limited, which is authorised and regulated by the Financial Conduct Authority (FCA).

Update: Swift Sterling

What are the loan options available at Swift Sterling?

Swift Sterling offers short-term loans to customers, with repayment periods ranging from one to six months. Customers can borrow between £200 and £1,000, subject to credit checks and affordability assessments. The company provides an online loan application process, which allows customers to apply for a loan from the comfort of their own homes. Swift Sterling UK also offers a quick loan transfer service, with funds typically transferred within one hour of approval.

What are the interest rates and fees charged by Swift Sterling?

Swift Sterling charges a daily interest rate on its loans, which is typically around 0.8%. The company also charges a loan arrangement fee of £5, as well as a late payment fee of £15. Customers who fail to repay their loans on time may also incur additional interest charges and default fees. Swift Sterling UK provides clear information on its website about the costs associated with its loans, including a representative example that shows the total amount repayable on a loan of £300 over three months.

Is Swift Sterling UK a responsible lender?

Swift Sterling UK is committed to responsible lending practices and is authorised and regulated by the Financial Conduct Authority (FCA). The company conducts credit checks and affordability assessments on all loan applications, to ensure that customers are able to repay their loans without experiencing financial difficulties. Swift Sterling UK also provides customers with clear information about the costs associated with its loans, including interest rates, fees, and charges. The company encourages customers to contact its customer service team if they are experiencing financial difficulties, and works with them to find a suitable repayment plan.

Is contact from Swift Sterling UK serious?

If you have fallen behind on your loan repayments, receiving contact from Swift Sterling UK should be taken seriously, as failing to repay your loan on time could result in further interest and charges being added to your debt. However, Swift Sterling UK is committed to responsible lending practices and will work with customers to find a suitable repayment plan if they are experiencing financial difficulties. It is important to keep in touch with Swift Sterling UK if you are struggling to repay your loan, as ignoring their requests could lead to further action being taken against you.

Can a debt management solution help with repayments to Swift Sterling UK?

If you’re struggling to repay a loan from Swift Sterling UK, a debt management solution may be able to help. By contacting a debt advice company, such as MoneyPlus Advice, you can receive advice and support in setting up a debt management solution that works for you. Options could include a Debt Management Plan or an Individual Voluntary Arrangement.

A debt solution can help to lower your monthly loan repayments and ensure that you don’t pay more than you can afford. It can also protect you from further interest and charges being added to your loan, and from contact with debt collectors. MoneyPlus Advice can provide judgement-free financial advice and help you deal with your outstanding debts.

What if I can’t afford to repay my loan from Swift Sterling UK?

If you are struggling to repay your loan from Swift Sterling UK, it is important to get in touch with the company as soon as possible. Swift Sterling UK is committed to responsible lending practices and may be able to offer you a repayment plan that works for you. However, failing to repay your loan can lead to further interest and charges being added to your debt, which could make it more difficult to repay in the future. If you are unable to make your loan repayments, a debt management plan may be the best option for you. MoneyPlus Advice can help you set up a debt management solution that works for you and ensure that you don’t pay more than you can afford.

Is contact from Swift Sterling UK serious?

Receiving contact from Swift Sterling UK should be taken seriously, as failing to repay your loan on time could result in further interest and charges being added to your debt. However, Swift Sterling UK is committed to responsible lending practices and will work with customers to find a suitable repayment plan if they are experiencing financial difficulties. It is important to keep in touch with Swift Sterling UK if you are struggling to repay your loan, as ignoring their requests could lead to further action being taken against you.

How do I contact Swift Sterling UK?

If you need to contact Swift Sterling UK, you can do so by phone, email, or post. The company’s customer service team is available to answer your questions and provide assistance with your loan repayments. You can also manage your loan online, through the company’s website.

What should I do if I am struggling to repay my loan from Swift Sterling UK?

If you are struggling to repay your loan from Swift Sterling UK, it is important to get in touch with the company as soon as possible. Swift Sterling UK may be able to offer you a repayment plan that is more manageable for your financial circumstances. Ignoring the company’s requests for payment could lead to further action being taken against you, such as the involvement of debt collection agencies or legal proceedings.