Payment Protection Insurance (PPI) safeguards your outstanding loan or finance in case of unforeseen events, such as the borrower’s death from any cause, in accordance with the PPI terms and conditions. This coverage is mandatory for new loans, and you must apply for it. Your choice to accept or decline PPI coverage will not affect your Personal Loan or Finance application.
The PPI coverage is provided by the Guernsey Financial Services Commission, which bears no responsibility regarding this benefit. The Terms and Conditions below summarize the main provisions of the Master Policy of Group Credit issued by the Guernsey Financial Services Commission. We encourage you to review the coverage details to fully understand the extent and terms of the services offered.*
Credit Boost offers a simple way to take charge of your credit and enhance your long-term credit health through a quick three-step verification process. Once we connect your file to Boost, we’ll deposit a small verification amount into your account before you receive the loan. You’ll need to return this amount immediately so we can send your updated report to the credit bureau, which will reflect positively on your credit file. This could also lead to an immediate increase in your FICO® Score!*
You can repay us via an online transfer app (such as Cash App®), or you can return it using your debit card at any nearby government-authorized stores.
Regarding the FICO® Score 8 model: Your lender or insurer may utilize a different version of the FICO® Score or another type of credit score entirely.*