Creditspring
Representative 48.1% APR
Will lend between: £400 - £2,400
Over: 12 - 12 Months
Company Reg: 10522518
FCA: 786052
ICO: ZA252803
Address: First Floor, 119 Wardour Street, London, W1F 0UW
About Creditspring
Creditspring provides subscription based, no-interest loans from Inclusive Finance Limited offering either £400, £600, £1000 or £2400 via 2 instalments.
The cost of a Creditspring membership for a year varies depending on the tier.
For a Step membership it is £84 per year, Core membership is £100 per year, Plus membership is £168 per year and Extra membership is £312 per year.
Customers will pay this at a rate of £7/month to £26/month, whether they borrow or not. There are no other fees or charges. Customers can borrow money from Creditspring after the end of their 14-day wait period and then repay exactly what's been borrowed over equal monthly instalments, along with their membership fee.
Once you have been accepted as a customer, your credit is guaranteed. As long as your monthly fees are up to date, you can borrow money from Creditspring at a moment's notice.
Mark joined Choose Wisely in 2015. He continues to work in close contact with the providers, brokers and journalists operating in the world of consumer credit.