Help with Naylors Finance Debt

Naylors Finance is a Doorstep Loan company and provides small unsecured loans over a period upto 12 months often provided to the customer in their own home.

Doorstep Loans, Home Credit or Home Collected Credit are repaid to the company usually with cash. The payments are collected from the customers home on a weekly basis usually by a self employed collection agent.

Naylors Finance usually provide loans to individuals with adverse credit, CCJ’s or arrears and because of this the interest rates are high in comparison to “normal” unsecured loans.

A typical Doorstep loan would charge around 300% – 400% APR with a loan of £300 costing over £500 if paid back over 12 months. If paid back over a shorter period the APR could rise above 1000%.

In 2010 the Office of Fair Trading (OFT) investigated the Home Credit and took enforcement action against over 50 Doorstep Loan companies in an attempt to improve standards in the home collected credit (doorstep lending) industry.

The OFT lays out guidelines on how companies can operate and to prevent unfair practices. The OFT’s Debt collection guidance sets out minimum standards that all licence holders involved in debt recovery must adhere to in order to be considered fit to hold a consumer credit licence. Examples of unfair practices include claiming unfair or excessive collection charges, harrassment, misrepresenting enforcement powers (threatening to seize property when lawfully they cannot), bypassing an appointed representative and contacting you directly, threatening legal action when it is unlikely to take place.

If you have a Doorstep Loan Naylors Finance and are struggling with the payments click to contact us or submit your details in the contact form to the right of your screen for instant debt advice.

Contact our Debt Specialist team today for confidential advice. We may be able help you by arranging a reduced repayment plan on your behalf and dealing with your debts for you.

As part of our Debt Directory we have listed most of the Doorstep Loan Companies that operate within the UK, providing you with upto date information on each company and details can be found here Doorstep Loan Debt Directory

Naylors Finance and their contact details and company information can be found below 

 

 
Company Name
Naylors Finance
 
Correspondence Address
97 Bridge Road
Horbury Road
Wakefield
West Yorkshire
WF4 5NN

 
Registered Address
97 Bridge Road
Horbury
Wakefield
West Yorkshire
WF4 5NN
 
Reg Company Number
06307193
 
Parent Company
N/A
 
FSA Licence
N/A
 
Website
www.jrnaylors.org.uk
Director
Roger Joseph Tranter
 
Direct Postal Address
The Rockeries
53 Highfield Road
Horbury
Wakefield
West Yorkshire
WF4 5NA
 
 
Aliases: JR Naylors
 

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