George Banco Refund Claims
George Banco Refund Compensation success. You may be able to reclaim interest on your George Banco loan.
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George Banco claims to have “one of the fastest loan applications, with an immediate decision and same day payout”. Whilst it is quick to offer consumers to borrow from 1,000 to £15,000 over 1-5 years, George Banco is part of the Guarantor Loan Market in Britain, which has come under the spotlight in recent months and not in a positive way. The Citizens Advice said more than 3,000 people sought help with guarantor debt as well as the market being a focus of a Panorama documentary, highlighting the raise of high-cost credit in the UK.
As with all lenders, George Banco should have carried out the correct checks before issuing a guarantor loan, especially if the loan had a high APR or additional fees. If you found yourself unable to pay back the loan, you may be eligible for a loan refund- and the Reclaim Experts can help you receive what you are owed.
What type of loans do George Banco offer?
– Guarantor Loans
– Unsecured Personal Loans
George Banco Eligibility Requirements for Borrower:
Minimum age of 18 and with a regular income. Not bankrupt and able to make the repayments.
George Banco Eligibility Requirements for Guarantor:
Minimum age of 21, a UK Resident and with a good credit history. Minimum income of £1,000 a month.
Must be able to make the repayments if the borrower does not pay.
George Banco Loan Example:
If you borrow £3,500.00 over 36 months at a Representative rate of 61.8% APR and an annual
interest rate of 49.10% (fixed), you would pay 36 monthly installments of £187.51. The total charge
for credit will be £3,250.36 and the total amount payable will be £6,750,36.
George Banco is registered at the following address:
George Banco, Secure Trust House, Boston Drive, Bourne End, Buckinghamshire, SL8 5YS
Telephone Number: 01225 941941
Why could I receive compensation from George Banco?
George Banco Refund?
If any of the above statements apply to your experience with George Banco, you could be eligible to claim compensation. Start your claim or get in touch with the experienced Retail Experts team who will guide you through the process. Perhaps you have had a doorstep loan ? You maybe able to claim a refund from Provident Loans We are here to help.
Start your claim for irresponsible lending by George Banco Today!