Behind the scenes at Ume Loans

No, our minimum loan is $5000.

As your Lender of choice, we want to ensure that you get the loan approval that you want. We take the time to fully understand your situation and put together the best loan package we can for your individual circumstances. As we give many customers loans who do not qualify for a traditional bank loan, we do charge higher Interest Rates. Please read our Interest Rate Statement below.

If you are not happy with what we can offer you, you can simply let us know that you don’t wish to proceed with the loan offer, and it will cost you nothing nor affect your credit file.

No. We do not perform credit checks on every loan application.

Having said that, remember, we are Bad Credit experts, and we love giving people a financial Second Chance. So, even if there is something nasty on your credit file, that alone, will not necessarily stop you getting a loan with us, as we will take the time to understand and assess your circumstances.

We have a fast online loan process. Using the latest technologies to help you, we can have a loan pre-approval in place within hours. Some deals, however, require workshopping, which means it can take a certain amount of business days before we can give you an official outcome.

Relax, we’ve got this!

• You will receive our secure, electronic bank statement link to complete.
• We will phone you to fully understand your loan needs.
• We will assess your loan for fast pre-approval.
• Once pre-approved, your loan settlement can happen the same day if all paperwork we require is supplied.

As part of our process, we make sure that we protect your credit file and credit score. To get your second chance loan with us, it’s important that you do not apply for any other loans right now. If you make other loan applications elsewhere, this will reduce your credit rating and could hurt your chances of obtaining the best car loan approval.