Don’t give scammers an upfront advance fee for a loan you will never receive. All Purpose Loans will never charge any fees.
All Purpose Loans is one of the most popular loan sites in the UK and sadly, we know that scammers have pretended to be from All Purpose Loans in order to make their loan offer look like it is from a trusted company. We have reported this to the FCA and there is a warning on our FCA registration to hopefully help stop this fraud. All Purpose Loans will never ask for an upfront fee. If you have been asked for an upfront fee from All Purpose Loans you have actually been contacted by scammers. Please read below and help protect yourself and others from becoming a victim.
Loan fee scams happen when you’re asked to pay an upfront fee for a loan you’ll never receive.
Advance fee fraud for a loan is now the most common type of scam reported to the Financial Conduct Authority (FCA), ahead of investment fraud.
If you’ve got limited access to mainstream credit, have a lower income or a lower credit rate, then you’re more likely to be targeted by loan fee scammers. Fraudsters will try to convince you that you can pay an advance fee for a loan, which you’ll never receive.
Some people are persuaded to make several payments before they realise it is an advance fee scam.
If you are asked to pay an upfront fee for a loan it could be an advance fee scam.
Here are some of the common signs of an advance fee loan scam:
If you think you’ve been approached by an unauthorised firm or a scammer is trying to con you into sending an advance fee for a loan, report it to the FCA via its reporting form and select Consumer Credit as the type of scam. We also want you to contact us so we are aware.
If you think you have lost money to fraud, you should report it to Action Fraud on 0300 123 2040 or online via their website(link is external).
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
We do not charge you a fee for using our service, however we may receive commission if we refer you to an Eligibility Checker Provider, if you click on an offer from Lending Product Provider or if you enter into a credit or loan agreement with a Lending Product Provider following an introduction through this website. All Purpose Loans does not make personal loan or credit decisions and is not a lender. We are a credit broker. All Purpose loans matches customer’s loan applications with brokers from our panel depending on the information provided. Any information on this website should be taken as opinion only. This site is for UK users only. Lenders accessible on this site offer unsecured loans from £1,000 to £25,000 over terms between 1 and 8 years with APRs from 3.1% to 299.9%. Lenders accessible on this site offer secured loans from £10,000 to £100,000 between 1 and 25 years with APRs from 3.7% to a maximum 29.9%. Eligibility Criteria applies. Representative Example: Representative 28.9% APR fixed. Based on a loan of £5,000 for 48 months at 28.9% p.a. Total £8,488.57 repayable at £176.85 per month. 51% of our customers get this rate or lower.
All Purpose Loans does not make personal loan or credit decisions and is not a lender. We are a credit broker. All Purpose loans matches customer’s loan applications with brokers from our panel depending on the information provided. Lenders accessible on this site offer unsecured loans from £1,000 to £25,000 over terms between 1 and 8 years with APRs from 3.1% to 299.9%. Lenders accessible on this site offer secured loans from £10,000 to £100,000 between 1 and 25 years with APRs from 3.7% to a maximum 29.9%. Eligibility Criteria applies. Representative Example: Representative 28.9% APR fixed. Based on a loan of £5,000 for 48 months at 28.9% p.a. Total £8,488.57 repayable at £176.85 per month. 51% of our customers get this rate or lower. Any information on this website should be taken as opinion only. This site is for UK users only.
All Purpose Loans does not make personal loan or credit decisions and is not a lender. We are a credit broker. All Purpose loans matches customer’s loan applications with brokers from our panel depending on the information provided. Any information on this website should be taken as opinion only. You must be a UK resident to apply for a loan.
Our website is completely free for you to use but we may receive a fee or commission for introductions.
Important information
Lenders on our panel offer unsecured loans from £1,000 to £30,000 over terms between 1 and 8 years with APRs from 3.3% to 299.9%. Lenders on our panel offer secured loans from £1,000 to £100,000 over terms between 1 and 25 years with APRs from 3.7% to a maximum APR of 29.9%.
Eligibility Criteria applies.
All Purpose Loans is a trading style of Mycasa LLC. Mycasa LLC is registered in United States of America. The principal place of business is 124 Broadkill Rd #479, Milton, DE 19968-1008, USA. Mycasa LLC is an appointed representative of Everything Financial Limited which is authorised and regulated by the Financial Conduct Authority. FCA Firm Reference Number 742815. Mycasa LLC is registered with the Information Commissioner, Licence No. ZA434846.