Do you charge any upfront?
No. All our charges are included within the total cost of your loan and are paid back in your weekly repayment.
How do I know that my personal details are secure?
You may have noticed the secure logo on the website. This service ensures we keep your personal details safe and secure when you make your application online.
How is Loan365 different to other lenders?
Apply online or using the Loan365 app today and have your loan sent directly to your bank account and make your weekly repayments using our app or by direct debit OR Apply online today and your local agent will call to your home to finalise your loan and hand you your loan in cash. You can choose which option suits you best during the application.
How much can I borrow?
You could borrow between €500 and €1000, subject to affordability. When you take a cash loan from Loan365, you know upfront exactly how much you will have to re-pay each week. Use the loan calculator to see how much your weekly payments could be.
What information do I need to apply for a Loan365 loan?
To make your application online for a Loan365 loan you will need: Personal information including your name and date of birth Your address details for the past 3 years Income and outgoings Proof of ID Proof of PPSN Proof of address Proof of income Recent bank statements
What does accepted in principle mean?
Accepted in principle is a stepping stone towards full approval of your loan. To apply for a Loan365 loan, you first need to make an application online.
Do I need a bank account?
No. You do not need a bank account for a home collected loan as the loan is delivered to your home in cash and the Agent will come round every week to collect cash repayments. If you choose to have the loan sent to your bank account and repay your loan by direct debit, you will need a bank account
I’m self-employed. Will Loan365 still consider me for a loan?
Yes you will still be considered for a loan. However, when making your online application you will need to satisfy Loan365 that the income you declare is accurate and repayments are suitable, affordable and sustainable for the duration of your loan.
Will I be offered the amount I apply for?
If the repayment assessment shows that you can’t afford to repay the amount you’ve applied for, you may be offered a lower loan amount providing this is suitable for the purpose of the loan
What is he APR of my loan?
The Annual Percentage Rate (APR) on your loan will depend on how much you want to borrow and how many weeks you choose to repay it over. Use the loan calculator to find out how much your loan could cost.
What are my repayment options?
As a new customer you are able to borrow over 26 and 48 weeks, subject to affordability. You can make repayments by direct debit, cash to your agent, using the app or website by card, Apple Pay, Paypal, directly lodge cash to our bank account using your loan number as a reference.
What happens if I want to settle my account early?
If you want to settle your account early then you should get in touch with your Agent or the office, so that they can talk you through your options. Early Settlement Balance If you tell us you want to settle your loan early, you’ll get an early settlement balance quote which will tell you how much you need to repay. Partial Early Settlement If you make an over-payment, you may be entitled to a Partial Early Settlement Rebate, The rebate reduces the amount of interest payable over the remaining term of the agreement. Right to withdraw You can withdraw from your loan agreement 14 days from the date after signing the agreement. You’ll be required to pay the full amount of the loan as well as any daily interest within 30 days from withdrawing from the agreement.
What happens if my circumstances change?
We understand that life doesn’t always happen as we planned. If you find that your circumstances have changed and you need to discuss your loan, you should contact your Agent or Loan365 directly as soon as possible. Your Agent will then be able to work with you to discuss and agree an affordable repayment plan. If you need further support, you can find out more information on our loan repayment difficulties page. Alternatively, you can contact StepChange or MABS the free debt advice service.
I have a query about Credit Reporting?
Changes were put in place by the Central Bank of Ireland on 31st March 2018. Please visit this link for more information.
What is the assessment?
The assessment is designed to check that you can afford to borrow the amount you have requested in your application and to ensure the loan is suitable, affordable and sustainable for you.
Why is the assessment being carried out?
As a responsible lender, we need to ensure that our loans are affordable for each customer. The assessment will check that customers can afford to repay their loan over the period it’s borrowed.
What will be needed for the assessment?
In order to assess your income and outgoings you must upload proof of your source of income during your online application such as: Payslip; in some cases 3 consecutive payslips may be required Evidence of welfare payments