At Evolution Money we’re committed to being clear and upfront about everything. That’s why we wanted to give you a step-by-step guide to our loan process. Now you’ll know exactly what to expect from us.
Why not use our handy Loan Calculator? This will give you an idea of your monthly repayments, depending on the amount and the duration of your loan.
Either call us and speak directly to one of our account managers, or you can request a callback through our online application form.
Your dedicated Personal Account Manager will be happy to talk through your financial situation and needs. Then they’ll give you a quotation that’s based on your current circumstances, not an automated credit score.
If you’re happy with your quotation, we’ll send you an application pack with the documents you need to complete your loan.
When you receive your Evolution Money application pack, you enter what is known as the consideration period. This begins with a 7-day period to review the documentation and the terms of the loan, with no contact from us.
Your application pack will contain documents that you will need to complete and return to us, the other documents are there just for you to review but, don’t worry, there is a guide in the pack showing exactly what you need to return.
Within the pack you will find an advance copy of your loan agreement, for your reference. During these 7 days we will not contact you, however, if you need to call us in this time period we’re always on hand to help.
After the initial 7 days we will send you a copy of your signable credit agreement. Once we have sent this to you there is a further 7 day consideration period for you to review the details of the loan. Again, during these 7 days we will not contact you, but you can feel free contact us at any time.
If your circumstances haven’t changed in this total 14 day period, and you still want to go ahead with your loan, simply sign the loan agreement and return it to us. We will begin to process your loan as soon as we receive the returned agreement.
Before your loan is paid out, we will call you to re-confirm the details and to organise your Direct Debit.
We will also make sure you are happy with everything and answer any other questions you may have before confirming when you will receive your Evolution Money loan.