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Secured Loans > Darwin Loan Solutions announces FCA authorisation
Manchester based lending specialist Darwin Loan Solutions, has today announced, all of the companies within the group have received their own full authorisation from the FCA.
Evolution Lending, Evolution Money and Progressive Money are delighted that full authorisation was received in such a short time, and expressed thanks to all their staff and colleagues who worked together in achieving this, along with demonstrating the organisational values that support great consumer outcomes.
The announcement follows the implementation of MCD this week, and recognises that providing a great end-to-end customer journey is paramount across the company’s ethos and respected business approach.
Mat Beaver, Managing Director commented;
“We understand authorisation is just the start of an ongoing expectation and we are committed to the development of all staff within the business in order to support a great culture and achieve regulatory conformance. Therefore a significant percentage of customer facing staff are already on their way to CeMap qualification, well-ahead of the required deadline”.
The group continues to be innovative industry leaders by providing niche secured and unsecured loan products to its customers, further cementing its commitment to continued growth, product delivery and customer satisfaction.
If you would like more information about this topic, Darwin Loan Solution Limited or Evolution Money Limited, please contact Nicola Pilling at 0161 814 8918 or email at [email protected].
Representative 22.93% APRC variable.
For a typical loan of £26,600 over 180 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £484.00. This includes a Product Fee of £2,660.00 (10% of the loan amount) and a Lending Fee* of £763.00, bringing the total repayable amount to £87,030.00. Annual Interest Rates range between 11.7% to 46.5% (variable). Maximum 50.00% APRC. *Lending Fee varies by country: England & Wales £763, Scotland £1,051, Northern Ireland: £1,736.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against 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.
