Sorry we couldn’t offer you a loan right now. For security reasons,
we can’t tell you exactly why.
There are a few things we look at when we make a decision,
including your credit history, your financial situation and
employment history. Please have a look at the list below, and you
might see one or two which could relate to you.
We may say no, if:
You can always reapply for a Loansnest loan after 6 months. Please keep in mind, you won't be able to apply if you try again sooner than this.
We know fees aren't popular, but the service fee helps us cover
our costs. There's more to it than you might expect: from setting
up your loan to keeping your payments ticking over month by month.
Service fees are paid monthly, at a fixed rate of $1,500.00
Applying for a Loansnest loan is a simple online process.
There's no paperwork to deliver in person. We've built a secure
system that carries out thorough checks and handles every stage of
your application online.
How to apply in 2 simple steps:
Decide on how much money you will need and why.
We offer personal loans from $50,000 to 150,000 ranging from 3
to 12 months.
Apply online and get a decision within within seconds.
Just fill in our simple form to tell us a few details about you
and your circumstances. Don't worry, this won't affect your credit
score.
You will need to provide proof of your identity, income and or
bank account statement. It's simple to do this online.
If approved, the money could be with you in as little as couple
hours. Sometimes this process does take a little longer.
To make a complaint or get in touch with us for other reasons, contact us via live chat or email.
Change of heart? No problem. You can cancel your application
before we give you a decision on your loan - and up to 14 days
afterwards, if your loan is approved.
If your application is 'in review', you'll need to contact us to
cancel it at support@loansnest.com (Monday to Thursday 9am to 5pm,
Friday 10am to 3pm). You won't have to pay any fees or interest.
How to cancel after we've given you a decision:
You have a window of 24 hours after your loan was approved to let
us know if you'd like to cancel. There are two ways to do this: at
support@loansnest.com (Monday to Thursday 9am to 5pm, Friday 10am
to 3pm) or speaking with a team via or website
This next bit is important:
If the money has already been transferred to your bank account
you'll need to repay it within 2 days from the date you told us
you want to cancel. We won't charge you interest.
If you don't repay the loan within 2 days after notifying us that
you want to cancel you will be deemed to have accepted the loan.
This means our normal terms and conditions will apply. So if you
decide to repay early you'll have to pay back the full loan amount
including any interest and the service fee.
As a responsible lender, we take several things into account to
help us decide if we can lend to you.
We need to make sure you can afford to pay back what you borrow
and we need to make sure that the information provided is accurate
and belongs to the person that submitted it.