Instalment Loans

When you borrow money from Cockle Finance, we will provide you with all of the details you will need to pay it back. Many people choose to pay in fixed instalments that they know they will be able to afford. For some, this means a weekly repayment schedule and, for others, a monthly one. This will usually depend on how their income works. By timing your repayment instalments for just after you have been paid, you should always be able to budget effectively and never miss a payment.

It is worth noting that a large number of different loans are, in fact, instalment loans. Perhaps you want a payday loan alternative, a doorstep loan or a short-term loan to cover some one-off spending, for example? All of these sorts of loans with Cockle Finance would mean receiving the agreed sum in one go – you are not paid it in instalments – but then paying it off on a regular basis within the agreed time frame.

All sorts of borrowing needs can be met with straightforward instalment loans, too. Maybe you want to invest in your business or property? Perhaps you have hit some unexpected expenditure for something that simply cannot wait? There again, you might need to borrow some money for something special and would prefer to spread the cost of it out with a handy loan arrangement. All of these things are possible with an instalment loan from Cockle Finance.

One of the key advantages of an instalment loan is that you pay off the sum you have borrowed – plus the interest – in stages. In other words, you do not have to save each week and put a little money aside until you have enough to settle the loan in full. Every time you make a payment to cover your loan, you will owe less and less. This simple arrangement suits many people because they will know the point down the line when they will have finished paying for their loan.

Bear in mind, too, that instalment loans can be for different terms. In this sense, term simply means the length of time you will pay your loan off in. The longer the agreed term, the more instalments there will be. This means the smaller each instalment will need to be, too. As such, from the outset, you can choose how affordable your instalments should be. We offer different terms to meet all financial circumstances.

At the Consumer Credit Awards in 2021, Cockle Finance was named as the Best Loan Provider in the category for lenders under £2,500. This is something that we are very proud of because it shows how trusted we are among our many satisfied clients. We have a very professional team of agents who offer superb customer service with all our financing arrangements including our popular instalment loans.

We know that borrowing money can be a lifeline when an unexpected expense comes about. Here at Cockle Finance we want to make the process of borrowing money as safe as possible so that you can manage your cashfl0w and loan repayments.

There are a range of finance options available for people who want to borrow money. Doorstep loans are a great finance option that is well suited to short term borrowing. Find out more information about a doorstep loan here.