If you receive an email from loanteam.co@gmail.com you are being targetted by scammers. You can read about another email they own here. We recommend you do not engage with the email and report it as phishing / junk / scam depending on what email provider you use.
You will likely receive this email if you’ve responded to a scam loan offer. This is the email address they use to try and scam you out of £20 or £25 for a steam gift card.
Subject: Loan Approval,
Loan Reference No.: LRC-694141
Representative APR Between 3.4% and the maximum of 15.8%
Loan terms
All loans are repayable between 12 and 60 months.
Helpline Number: +442081336725
Respected Customer,
Please read the details set out below carefully before signing the deal with Lendable Ltd . We are pleased to inform you that your loan application for a loan of £3,000 has been successfully accepted by our company. The quotations, information, and content provided in the email are not subject to change for the complete term of the loan.
Quotation:
Loan Amount: £3,000
Time Period: 36 Months
Monthly Payment: £99.33
Insurance Payment: £25
Note 1: 36 payments at a fixed rate of 12%
This agreement is based on a loan amount of £3,000.
This won’t affect your credit score.
By getting a quote you confirm you have read our website Terms and Privacy Policy. We’ll use your details to suggest selected products & offers. You can opt out at any time
Note 2: Please send us your bank account details for which you would like to receive your loan.
(A) Name on Card:
(B) Account Number:
(C) Sort Code:
(D) Date of Birth:
(E) Contact No.:
Note 3: Loan Contract
As a company, we only believe in customer satisfaction. Only loan payment insurance is required from the customer. Which your loan officer would tell you how to process. Please call the below-mentioned number now to get cash within 20 minutes!
We calculate the total amount repayable before offering our loans, showing you all the figures clearly before you accept the loan. This includes the interest and the full cost to ensure it is absolutely clear, and we never change the rate that we charge you.
We do not use the continuous payment authority preferred by most other lenders and instead trust that you will make the repayment you need on the agreed date.
For your safety, all loans given through us comply with the Data Protection and Consumer Credit Guidelines.
Once approved, we will send your loan the same day. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.
Note 4: Terms and Conditions
Any use of our services at Lendable Ltd is governed by the following terms and conditions: Read the following carefully before availing yourself of our services: The content published in the mail is owned by Lendable Ltd . You can use it for personal use only. Copying content or republishing it for commercial purposes is strictly prohibited. The content is for general information only.
1. The customer needs to have an active bank account and earn a steady income every month. We will consider you eligible to avail of our loan services.
2. The customer can avail of an amount ranging from £100 to £5000 as a payday loan at Lendable Ltd .
Default: A customer shall be in default under this Agreement when the payment remains unpaid for more than 40 days after its scheduled or deferred due date, or if the customer fails to comply with any of the terms of this Agreement if the failure materially impairs the condition, value, or protection of or the Lender’s right to the collateral or materially impairs the customer’s ability to pay the obligation due under this Agreement.
LENDER’S RIGHTS IN THE EVENT OF DEFAULT:
In the event of default, and if you have the right to cure the default pursuant to Sec. 425.105, Wis. Stats., if you fail to cure the default within 15 days after you are given notice of the default, the lender may declare the whole outstanding balance due under this agreement payable at once and proceed to collect it, including commencing legal action. Time: It is essential that you make your payment on time.
Repayment Guarantee
I understand and agree that all shares, interest, and deposits with Quick Loan owned by me are hereby pledged individually or severally as security for the said loan on such part of it as may be granted. In the case of default by us, the treasurer is hereby authorized to deduct any balance, interest, and cost pertaining to the aforementioned loan from the security hereby pledged. Should the loan not be granted, this guarantee automatically becomes null.
Late repayment can cause serious money problems.
Note 5: We are giving you a 100% guarantee for this loan that you will get into your bank account in 20 minutes.
You don’t need to worry about anything at all.
We will be happy to help you with this loan application.
As soon as possible, you would like to complete your loan. We are here for you to help.
Note 6: You applied for the loan online to the broker company (Money Supermarket), and they sent all your details to our company, and we have sent your confirmation of approval.
Ø This is an unsecured loan that our company is offering.
Ø We don’t require a guarantor for this loan.
Ø The maximum period for the completion of the loan is 20 minutes.
Ø There are no redemption charges or penalties for the early repayment of this loan after making six monthly repayments on time.
Ø To complete the loan, you need to pay a one-time insurance charge before £25. The further payments will come through direct debit on the scheduled date, as guided by the customer.
Ø The information shared with our company will not be passed on to anyone as per the regulations of the Data Protection Act.
Ø The information provided here is based on our understanding of the current financial law.
Representative Example: Assumed borrowing of £7,500.00 over 36 months at 35.6% APR representative. Monthly cost of £321.74. Total amount repayable of £11,582.54. Interest rate of 30.9% p.a.(fixed) and total fees of £360.00.
Personalized APRs from 7.5% to 49.9% on £1,000-25,000 over 1-5 years.
In case you have any queries regarding the loan, you can contact us here, or you can contact us at:+442081336725
Thanks and Regards,MR Arman Malik (LOAN ADVISER)
Helpline Number: +442081336725Voted UK’s Best Personal Loan Provider for the last nine years running
Lendable Ltd, company number 08828186 (previously Feather Media Ltd). Authorized and regulated by the Financial Conduct Authority (FCA) with reference 720261 and a member of CIFAS (the UK’s leading fraud prevention service). Registered with the Information
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