Personal loans - frequently asked questions
Do you have a question about personal loans?
You can call us on +442033228913 or enquire by email.
We’ve set out some commonly asked questions and answers below:
Who can apply for a personal loan from Skylevel Finance?
You can apply for a loan as long as you are a UK resident in full time employment and have never been insolvent, bankrupt, sequestrated or involved in any court proceedings for debt or made arrangements with your creditors.
How much can I borrow?
You can apply for a loan of between £1,000 and £10,000. The amount you can borrow is based on your personal circumstances.
How soon will I receive my money?
The loan amount can be transferred into your Bank account on the same day that you sign your loan agreement.
How long can I take to repay the loan?
You can choose to repay your loan over 1 to 5 years.
The period of time you take the loan over will affect the size of your repayments, so if you want smaller repayments, you should repay your loan over a longer term. Just remember, the longer you take to repay your loan, the more interest you’ll be charged overall.