Step One Finance Limited (“Step One”) is urging loan seeking consumers to be aware of potential fraudsters operating both inside and outside of the United Kingdom that impersonate lenders and have purported to arrange loans in the name of established lenders. Scams such as these have been known to defraud members of the public by falsely purporting to arrange credit which can be secured by the payment of up-front arrangement or application fees.

Please note that Step One Finance does not charge any up-front fees. Fees are only due upon the successful completion of a Step One Finance loan. Contact us if you have any doubts as to any party purporting to arrange a Step One Finance loan or if you have any questions regarding any aspect of Step One Finance loan application.

Customers can also obtain additional information on the FCA’s website on the dangers of Loan Fee Fraud by clicking here.

APR

Please note that Step One Finance does not charge up-front fees for any loan enquiries or applications. You should be wary of any parties purporting to arrange a Step One Finance loan who are seeking to charge up-front fees. Please contact us if you have any doubts regarding a Step One Finance loan application. Customers can also obtain additional information on the FCA’s website on the dangers of Loan Fee Fraud by clicking here.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT IF YOU ARE EXTENDING THE TERM OF THE DEBT YOU MAY BE INCREASING THE TOTAL AMOUNT YOU NEED TO REPAY.

CTA

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