Frequently Asked Questions.


	What is meant by a typical APR?
	If a typical APR is stated, this is showing that we expect 66% of customers responding to the advert to receive this rate or lower. The typical APR enables you to compare rates offered by other brokers or lenders offering similar types of loan products.

	What rate will I be offered?
	It will depend entirely on your individual circumstances. For a free no obligation quote please call us on 0800 074 0030 or apply online!

	Why does the typical APR stated on mailings differ to the typical APR on the Internet?
	We look at each advert individually and calculate the typical APR for that particular advert. We take into account a number of factors including who we are targeting, where the advert will feature, plus historical data to build up a picture of who we would expect to respond. Because different customers respond to different types of advertising (e.g. newspapers, direct mailings or Internet marketing), the typical APR can vary in adverts. The typical APR will always represent the highest rate we expect 66% of customers responding to the advert to receive. The rate we are able to arrange for you will be the same regardless of how you contact us or which advert you respond to. It will also be unaffected by the rates offered to other customers who respond to a promotion. Please contact us for a no obligation quote.

	How much can I borrow?
	The amount will depend on your income and what your property is worth. Depending on these factors, Star Loans and Finance can arrange a loan from a minimum of £5,000 to a maximum of £250,000.

	Over what period of time can I spread my loan?
	This is entirely up to you but most loan repayment periods are between 3 and 25 years.

	Do Star Loans offer a scheme whereby my repayments can be made if I can't work?
	Yes, we offer a Loan Payment Protection Plan that covers your loan repayments if you can't work due to accident, sickness or involuntary unemployment. Please contact us for more details of this invaluable cover.

	Can I use the money for any reason?
	Yes, you can use the money for any purpose. You can buy a car, carry out some improvements or go on the holiday you always dreamed of - It is entirely up to you.

	What if I want to move house?
	You can pay the outstanding loan balance by requesting a settlement figure from the lender. Alternatively, you may be able to use your new home to secure the loan, assuming sufficient equity is available.

	What if I want to borrow more in the future?
	Star Loans & Finance will gladly supply you with a quotation for a further advance. Just speak to one of our friendly advisors about your requirements on 0800 074 0030 or apply online.

	How Do I Become An Introducer/Broker For Star Loans?
	Star Loans & Finance are always looking for brokers, introducers and IFA's to work alongside us, if you would like further information please visit the Broker Information Page for information and to apply online, or call us free on 0800 074 0030.
	If your question is not answered here then please feel free to contact us by telephone, post or email.