Frequently Asked Questions
We provide consumers in the UK the funding they need directly, without any “middlemen” that could potentially increase the costs for borrowing.
Our loans are based on a 0.8% daily rate of interest. We do not impose hidden fees or unexpected interest charges over the course of the loan. Keep in mind that you also retain the flexibility to settle your account balance early.
Your first loan is available for up to a maximum of £200. The maximum funds available for future loans may be increased for those who qualify. As a responsible lender, we seek to provide you with the funds that you need without placing borrowers in difficult long-term financial positions. Our underwriting staff will assess your specific financial situation based on key indicators, credit history, and affordability.
As a provider of short-term financial solutions, our loans extend for a maximum of three months. If you wish to settle the loan earlier, simply contact us for the settlement amount.
If unforeseen circumstances arise, it is important to promptly contact us directly. We will discuss the potential options for managing the balance of the loan that will minimize harm to your credit rating. We strongly discourage considering unnecessary debt repayment schemes from third-parties.
Typically, your monthly loan payment date will simply coincide with the date that you are paid. The payment is usually paid by debit card.
When we take payment by debit card your bank statement will list the payments as "Response".
On rare occasions we may need to utilise a different payment provider. Transactions under this provider will appear as from "THL".
You may be able to receive your funds the same-day that you apply.
We take your privacy and security very seriously and utilize the latest in firewall and server defense technology.
Response Funding Ltd has proper registration in England under number 7170462. Our authorization number for the Financial Conduct Authority is 670986 with address registration of 55 Cobham Road, Ferndown Industrial Est, Wimborne, BH21 7RB