Has anyone dealt with Wentworth Finance Direct? Are they trustworthy? Feedback gratefully received. Thanks?

Answer 1

They are a subsidiary of Yes loans - the ones who got in a ton of sh!t a year or so ago. DO NOT TOUCH THEM WITH THE BACK END OF A BARGEPOLE!!

from http://www.reviewcentre.com/review212920.html
Good Points - None what so ever
Bad Points - Where do I start...? I applied for a loan in January and in September I am still waiting for a loan, and many letters to get the money back. I am getting nothing in return apart from letters to check my details and apply for my credit file, at my expense even after paying the £48 admin fee in January.

Good Points

None
Bad Points

The same as Yes loans
General Comments

Wentworth Direct Finance Personal Loans approved my application and requested an administration fee off £49.00; the same as Yes Loans. I had already lost my money with Yes, so I will be smarter next time!
AVOID.

Answer 2

YES Loans ARE affiliated with Wentworth Direct Finance, and TRUSTWORTHY isn't a word I'd use to describe them! These types of companies offer credit to people with a less-than-perfect credit rating, and their interest rates are HIGH!

One thing you should definitely be aware of is that most of these companies (eg. Yes Loans, Surefire Finance, Wentworth Finance, etc) that CLAIM to offer finance don't actually offer the loans themselves. They just introduce you to people who do, and for that they charge an admin fee.

I had contact with Wentworth earlier this year, when I applied for a £3,000 loan and paid a "reduced broker's fee" of £49. Despite the fact that they'd sent me a letter saying that my loan had been pre-approved, once they got their fee all of a sudden they couldn't find me a loan! But that had not stopped them sending me letter once every 2 months or so telling me...you guessed it!!!...my loan has been "pre-approved" and all they want from me is £49 for the paperwork!!

Check out the link below, When you contact any of the companies listed, one of your first questions should be whether they do the loans themselves or if they refer you to another company.

All the best!

Answer 3

Beware, all finace brokers take a fee of usually 10% which is taken from the loan but on which you will pay the interest for the term of the loan.

Answer 4

DO NOT USE THEM THEY ARE BOGUS,THEY TAKE YOUR MONEY AND YOU RECEIVE NOTHING.THEY DON'T ANSWER THEIR PHONES,AND WHEN THEY DO YOUR GOING TO HAVE TO WAIT FOR OVER 30MINS.THEN THEY'LL HANG UP.NOR WILL THEY ACCEPT A FAX AS THE RECEIVER DOES NOT ANSWER.STAY WELL CLEAR OR YOU'LL LOSE YOUR MONEY LIKE I DID.