If you can't find an answer then please contact us: Email us at aqua-support@aqualoans.co.ukremembering to quote your agreement number, if you have one, and mobile phone number so that we can identify you. With a pool enclosure, there is no reason why a pool can not be enjoyed at any time of the year, regardless of the weather. They pray on the weak! Awful lying customer service advisors and managers! It may be difficult to qualify for pool … Pool loans can help you finance the pool of your dreams — without the headache. Pool Loan Application Process. With the pool loan part of your mortgage, you can automatically enjoy lower rates from a mortgage re-fi. However, if you keep making your monthly repayments on time and in full, then this will get recorded within your credit file and your rating will start to increase steadily. {"@context": "http://schema.org/","mainEntityOfPage": "www.moneynerd.co.uk/aqua-loans-uk","@type": "Article","headline": "Aqua Loans - Don't Pay Them! FINANCING A POOL PROJECT January 15, 2013 . You need to try this! We can fund your loan as soon as the day you apply. Receive daily funding directly into your bank account. Any late monthly payments you make are also logged within your credit report. 1. Close. How much interest you want to pay really depends on your circumstance, but genererally anything over 40% isn’t regarded as safe and may get you into a debt spiral if you can’t keep up the repayments. Not repaying a loan on time will have an adverse effect on your creditworthiness. Credit is provided by NewDay Ltd. NewDay Ltd and NewDay Cards Ltd are companies registered in England and Wales with registered … Financing options foster customer acquisition. It’s my fault I was bad with money, nobody else, people really need to get a grip. Swimming Pool Loans. We don't have to tell you how crucial they are to providing clean, safe water to a family. 2. When they do make more than two requests or they take a partial payment without your explicit permission they are in breach of regulations and you should complain and put in a claim. Aqua. Trademark No: UK00003340161. MoneyNerd is a trading name of MoneyNerd Limited, registered in England (12915403). These loans don't just help your customers - they also improve your business. This means that you must be able to make repayments on time while meeting other reasonable commitments (eg. The Financial Ombudsman Service received 10,529 complaints about these types of loans in 2017 – this is just the tip of the iceberg as many would have been resolved without escalating to the Financial Ombudsman Service. These include: These limits apply to all credit agreements that have an interest rate of 100% or more and that are due to be fully or substantially repaid within a year. We offer “STATED INCOME” programs, long repayment terms for smaller payments and no loans ever carry prepayment penalties. Recent recommendations regarding this business are as follows: "Screw this company. In general, however, it is inadvisable to finance a pool using a bad credit loan. We are Texas’ premier pool financing partner! Aqua-Blue Pools has joined forces with Lyon Financial, LightStream, and HFS Financial to offer swimming pool financing to their Upstate SC customers so you can get the pool … You’re in control of the loan process with LightStream. We are a dedicated team of finance experts who care for our customers from the initial enquiry right through until settlement and beyond. For more than 30 years, the essence of Aqua Finance's business has been water treatment systems because we know how important they are to many homeowners. App is also easy to use. Aqua Finance Marine & RV Loans offers an auto loan product but they do not disclose their rates. Why Take Out a Loan for a Vinyl Liner Pool? It’s important to consider all loan terms when comparing loans, including rate, term, loan amount and fees, if applicable. If your customers are not able to pay in cash, selling even the best products can be a challenge. Estimate your monthly payment for a swimming pool loan. Fill out a 30 second form to see if you qualify with my 4 question debt write off calculator. Unlike other banks and credit unions, Lyon Financial proudly specializes in providing swimming pool & home improvement financing solutions, allowing us to truly target a borrower’s specific needs. This means that you do not have to put anything up for collateral. Revolving Lines of Credit There is no better time than now to finance a pool enclosure to give your family the ability to get the most out of the swimming pool. It gives borrowers the flexibility to finance or refinance just about anything, including any new or remodeled pool from The Aqua Group. ICO No: ZA75925. . Basically the repayments of the loan should be affordable when you take into account all of your other expenses such as rent, bills, food, car. Here are some of the program highlights: Offer financing for loan amounts starting from $1,500. The Financial conduct Authority is the regulator for lenders in the UK and they have explicitly said that a lender must not allow you to sign an agreement unless they have carried out a creditworthiness assessment and have given a proper regard to their affordability. Other companies have been known to fake the reviews or only encourage happy customers to leave feedback. Your first approach should be to contact Aqua Loans UK and talk to them about your problems. The Grange, Grange Road, No longer are they allowed to take partial payments. In-ground pools cost over $50K on average. The solution to this problem is to offer another method for customers to finance … They are obliged to treat you fairly, so you should be able to come to an agreement to reschedule your repayments. Malvern, WR14 3HA. Choose loan options that work for your customer—installment (closed-end) and revolving loans available (revolving payment factors starting at 1%). A “scattergun” approach towards applying to lenders can be very harmful to your credit rating. If you’re going to take out a loan, it’s important for you to know the type of effect it’s going to have on your credit score. Reviews and forum posts reveal that some people have gotten loans of £1000 with a similar interest rate to their credit card. Finance a swimming pool with your savings account. NewDay are known for their credit card brands such as Aqua, Marbles, Opus and Fluid, however they are also the supplier for many store cards such as Debenhams and House of Fraser. You might want avoid it in the following situations: If you’ll struggle to make the monthly repayments. If you have a question, vist our FAQs. If you have questions regarding system capabilities and functionality, please contact: 1-844-766-3360 Complete the loan application with your customer and submit it to us by phone, fax or through Orbit. Find out what your credit score is and whether there is any false or inaccurate information in your … Kerridge Financial is the trading style of Aqua Financial Limited, which is authorised and regulated by the Financial Conduct Authority. Blue Haven offices provide access to an exclusive national network of lenders. Menu 0333 414 1050. Fiberglass Pool and Spa Builder and Remodeling Specialist. Your personal saving account can serve as a source for helping acquire a pool loan. When you opt for a loan, it gets logged within your credit file and is visible to see for anyone who performs a credit check on you. Call 877-754-5966 today. If approved, you will then complete the loan documents with your customer. (UK Guide), How Do Debt Collectors Find You in the UK? You can expect to be refunded all the interest you have paid on the loan along with any additional charges, plus 8% interest … Lyon Financial. Threaten you to get their money! 3. Or, Call us on 0333 414 1050. Most homeowners do not want to provide collateral for such a project, so an unsecured personal loan can be a great way to finance home remodeling like a swimming pool. Additionally, the inability to secure a loan can hurt a dealer's business. If your credit history enables you to qualify, this loan is a great option to finance your new pool. 30+ Financing programs known as “savings secured loans” or “passbook loans” use the cash in a personal savings account as collateral. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. FINANCE YOUR POOL / SPA! Pool enclosure loans If an individual is lucky enough to have a pool, they may wish that they were lucky enough to have a pool enclosure. Aqua Design offers flexible and affordable financing options through our trusted partners. The application process is simple, and you won’t have to supply collateral. Online reviews can give you a good feel for the company, but remember to always be sceptical. 6094, or email us at salessupport@aquafinance.com. You can choose loan terms ranging from 18 to 84 months. Aqua is a brand that is owned by NewDay. This 4 question debt calculator will tell you if you’re eligible. We hope you enjoy the benefits of the new and improved Orbit System. You should continue to make your monthly payments and any Direct Debit you have set up will continue to operate unchanged. Offer term lengths of 12 months and up to 144 months for qualifying loans. However, if you don't qualify or want to use your loan funds for more than just financing a swimming pool, you should compare your other personal loan options before making a final decision. As long as you’re making your repayments on time and in full, by the time your loan ends, your credit score will be in great shape. 1. Personal loan. Is a Temporary Repayment Plan A Good Idea? Details of your monthly payments towards the loan are also logged within your credit file. Most loan companies will want you to repay the debt using a Continuous Payment Authority (CPA). 100% payouts for "A" credit customers. “Can’t fault it. We also hold permissions for credit broking but are not a lender. Ultimately YOU are responsible for your own transactions and need to take some accountability. They’re safe enough to get money from, but you’re not going to be blown away by their customer service. Now you can visualize an assortment of vinyl liners for your swimming pool. More Than Just a Loan, Because it’s More Than Just a Pool. Alot of people moaning about the apr% but if you make small purchases and pay the balance each month (basically what a credit builder card is designed for) you don’t get charged interest. Ask us how to get more approvals for customers with less-than-perfect credit, but dreams of clean, safe water for their family. 6. Scott Nelson is a financial services expert, with over 10 years’ experience in the industry, including 6 years in FCA regulated companies. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. Credit scores down to a 640 FICO score means that even customers with "fair" credit can get a pool loan. Give customers options with promotions such as APR reductions, same as cash and deferred payment options. The law also says that the repayments must be “sustainable”. The total cost of the project was $50000.00. Welcome to your aqua loan secure online account. If so then you’re going to want to become one of the few to read how you can save money by possibly cancelling the loan. This means that we are no longer accepting applications for new loans. Servicing all of Southern California. If you’re unsure how to finance a home improvement loan like a pool, here are six options to consider. Of course, you will still owe them money so you must deal with that directly; while you might be tempted to do so, don’t hide your head in the sand. I contacted Aqua Finance about canceling service due the fact I am moving and the unit previously ordered was designed for my previous home and will not work at my new home. A popular way to finance a new swimming pool is to take out a personal loan, which can also be referred to as a swimming pool loan. Aqua Clean Pool/Spas understand that most families will need some sort of pool financing to build their dream backyard. It’s also important for you to know that when you’re looking for a single loan, it’s important that you don’t apply to several lenders at once. Aqua Finance Inc Consumer loan department, Installment loanTaking out the loan or leaseTexas We went through a copy called - - - for a pool loan. It’s not surprising that so many people are in debt these days. If you are struggling with important payments such as your rent, mortgage or utility bill, and the money is taken by Aqua Loans UK ahead of these bills, you could end up in serious trouble. Again the loans application is rather secretive as it is only available for some credit card customers. It's free to apply and the benefits will be well worth it. We offer payment plans that cater to customers with a wide range of credit scores. Viking Capital has been a leader in the swimming pool finance industry since 1999. Is all this information starting to feel overwhelming? Of all the new laws, this one has had the most reader success stories for getting a refund. As I mentioned earlier, a loan definitely will have a negative impact on your credit score. They say everything is bigger in Texas, and a love of pools is no exception. You can be confident that’s what you’ll get with LightStream, because we back our low rates with our Rate Beat Program. You are under no obligation to proceed with any solution offered by the advisor. The approval and funding process for your consumer financing transactions is simple and fast! This is because when you apply to a lender, they perform a credit check that gets logged within your credit report. As you can probably imagine, having the mention of loans within your credit file can drastically decrease your credit score. When you decide to finance your pool to build a new project or remodel your existing pool, there are several critical steps along the way to ensure success. For over 31 years, Aqua Finance has been dedicated to helping dealers, brokers and service providers thrive, one customer at a time. If you can’t manage your credit that’s not the fault of a company. Your best option may be to use a secured loan, as interest rates can be lower when you provide collateral. If Aqua Loans UK has operated legitimately but you simply can’t afford to repay the loan, there are some steps you can take to protect yourself. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. 1. Your bank may advise you to inform Aqua Loans UK that you have done this, but you are under no legal obligation to do so; they will be unable to collect any money from you until you give them explicit permission to do so. Given that Aqua Loans UK are regulated by the FCA it’s safe to say that they’re not a scam. Additional laws came into force in May 2017. Plus, there are no prepayment penalties for either type of loan! A Personal Loan. Custom pool builders, fiberglass pool contractors and anyone with big ticket price-points will benefit from these types of offerings. Wonga for example was fined £220 million, which ultimately put them out of business! Swimming Pool Financing Aqua-Blue Pools has joined forces with Lyon Financial, LightStream, and HFS Financial to offer swimming pool financing to their Upstate SC customers so you can get the pool and backyard oasis you have been dreaming of. If you submit your details, the advice you will receive will be free of charge. Same-day approvals and same-day funding on some unsecured programs makes these loans hard to beat. Aqua Finance adds more to life with simple payment plans and financing programs that consumers can afford. Let’s say you borrow $40,000 for a pool and pay 10% interest on a 48-month loan. If you opened a second loan, each loan is governed by a separate credit agreement. A cap on default fees of £15 – after a default interest can still be charged, but it mustn’t exceed the original rate of 0.8% per day. Unsecured Pool Loans Though not as common, some lenders do offer unsecured pool loans. Most importantly, we are passionate about making your dealership a success. It’s not your fault. Giving you reasonable time to repay possibly freezing interest and additional charges. Your aqua online account lets you manage everything to do with your aqua card in one convenient place – from paying your balance to changing personal details. Currently Aqua loans are only available to existing credit card customers and as such information is hard to come by. With a pool enclosure, there is no reason why a pool can not be enjoyed at any time of the year, regardless of the weather. Our loans team is here to help from 9am to 5pm Monday to Friday. This includes applications from existing customers for additional borrowing. (and how to hide! Thus, compare different lenders and only apply to a single one that seems the most suitable for you. ), Law #3: continuous payment authority behaviour, Debt Affiliate Program UK – Quick and Easy Setup [2020], Making Extra Loan Repayments – the Pros and Cons, How to Reduce Your Monthly Loan Repayments. The Financial Conduct Authority has introduced a price cap to protect borrowers from excessive charges. ... we strive to eliminate the often lengthy and stressful loan process, with most approvals verified within 24-48 hours. This means that each loan has a separate repayment schedule with potentially different interest rates, monthly repayment amounts and payment dates. That perk is not available with standard home improvement loans. There is no impact to your existing loan and your credit agreement remains in place. At Aqua Pool, we work directly with Paramount Capital Finance, a screened finance dealer that provides stability, quality workmanship, customer satisfaction, and confidence. The application process is simple, and you won’t have to supply collateral. Aqua Financial Limited is authorised and regulated by the Financial Conduct Authority. THE CONVENIENCE OF ONE-STOP SWIMMING POOL FINANCING Because Aqua Pool & Patio has been operating continuously since 1970, we understand that the key to successfully financing your pool is in working with a lender who specializes in the swimming pool process. If you have good credit and a solid income history, you can take out an unsecured personal loan. If you are looking to finance your next swimming pool project, no problem we have you covered. For each loan you have with us, you can expect to receive separate annual statements and you will need to make separate monthly payments. Unfair practices have been identified by the Financial Conduct Authority which have resulted in these companies getting huge fines. This is a great tool to close sales with rate-conscious buyers. Log-in below to access your aqua loan details and download your documents. Your monthly payments would be around $1,015 per month and you’d pay $8,696.16 in interest. Here are some of the program highlights: Receive approvals for deals up to $100,000. Swimming Pool financing is available for all types of pools including fiberglass, shotcrete, concrete, vinyl liner, above ground and more. A personal loan: This can be a fast and affordable way to finance a pool -- if you qualify to borrow enough money at a favorable rate. Pool and Spa projects are so much fun and now with all the new technology and water features- it becomes a little expensive sometimes for homeowners. We’ve awarded Aqua Loans UK a 4.6/5. Do you have a loan with Aqua Loans? If you don’t have enough money in your account to cover the full amount of the payment due, they can’t take anything. This new law worked and over the 3 years following the laws the number of loans issued fell from 10 million to 1.8 million and the number of lenders fell from 240 to 60. The leader in water treatment financing has become a preferred finance provider for Home Improvement, HVAC, Marine, RV, Powersports and much more. So it’s safe to say that you’re not alone. Some solutions may incur a fee, but these will be fully explained to you by the advisor before you are asked to make a decision. The Aqua Group offers financing to assist you in getting your new Advanced Composite / Fiberglass Pool. Indicate where you can obtain free independent debt advice, Hold off debt recovery for a reasonable period while you develop a repayment plan possibly using a debt advisor. Aqua Finance was first mentioned on PissedConsumer on Dec 15, 2012 and since then this brand received 57 reviews.. Aqua Finance ranks 368 of 1851 in Financial Services category. Other Custom Promotions Available Imagine swimming after a hectic day at work in your very own vinyl liner pool. These plans allow your customers to purchase the treatment systems they need to keep their water safe and healthy. MoneyNerd does not give specific debt or money advice to its readers, MoneyNerd is an introducer and will pass you to a Financial Conduct Authority approved credit broker, debt counsellor or an Insolvency Practitioner, as terms and conditions apply to most UK debt solutions. This was based on listening to our partners, understanding their needs and developing finance opportunities that work for them. Receive 100% payouts for “A” credit customers. Obtaining a swimming pool loan may be necessary if you are shopping for a new swimming pool and you choose to take advantage of competitive pool financing or you are short on funds. Find your best debt solution (in 1 minute! If Aqua Loans UK has treated you unfairly, you may be entitled to a refund even if you have paid off the loan within the last six years. Stay away from these scum bags. Because these loans are riskier for the lender, they typically carry a higher interest rate and smaller loan amounts. Other companies such as Quickquid have been fined £18 million. When you have good credit, you deserve a low-interest, fixed-rate loan. Your APR can vary depending on several factors, such as your credit score. You can expect to be refunded all the interest you have paid on the loan along with any additional charges, plus 8% interest on any refunds – this adds up to £1000s for some readers. Trading names: Aqua Start, Aqua Advance, Aqua First, Aqua Gold, Aqua Reward, Aqua Classic, Place of business: 2 Pancras Square, London, N1C 4AG, Address: 2 Pancras Square, London, N1C 4AG. Luckily, pool financing makes this affordable for many. Sometimes financing a swimming pool isn’t a smart choice. Your aqua online account lets you manage everything to do with your aqua card in one convenient place – from paying your balance to changing personal details. Don’t panic! Pool loan calculator: Compare monthly repayments. Here’s what to do if you owe money to Aqua Loans. Easy to obtain with a poor credit score and the customer service has been excellent. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. Only if you agree that they can take a partial payment, they are allowed to do so, but you must give your permission in advance for them to do so. The overall rating of the company is 1.4 and consumers are mostly dissatisfied.. Swimming pool loans are an option for financing your new pool. Blue Haven Pools Financing Program. Here are some of the program highlights: This is only a snapshot of how Aqua Finance can help you make more customers confident in their water treatment needs. I was in debt a long time. Through our available financing plans, you'll also be able to offer your customers promotions that will grow your market share, or help close a tough sale. A cost cap of 0.8% per day on the amount borrowed – this includes both interest and all fees charged. Basic in ground fiberglass pools begin around $15,000, with concrete and granite pools well exceeding the $50,000 mark. By providing your customers with the financing options they need to make the purchase, you are bringing in more cash flow TODAY. And financing programs known as “ savings secured loans ” or “ passbook loans ” or “ passbook loans or... Month and you won ’ t seem to lend out many loans and currently only to... Drastically decrease your credit score, then you may want to consider occasions! Will cause lenders to pay in cash, selling even the best products can be very harmful to dealership. Products are underwritten and managed by NewDay customers have successfully worked with the pool loan in my guide Group... 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