According to the Association of Pool & Spa Professionals (APSP), Texas ranked third in in-ground and commercial pools in the United States swimming pool … Started with £450 limit, goes up after 3 months. It gives borrowers the flexibility to finance or refinance just about anything, including any new or remodeled pool from The Aqua Group. Blue Haven offices provide access to an exclusive national network of lenders. Over 400,000 happy customers. This was based on listening to our partners, understanding their needs and developing finance opportunities that work for them. If you’re going to take out a loan, it’s important for you to know the type of effect it’s going to have on your credit score. If Aqua Loans UK has treated you unfairly, you may be entitled to a refund even if you have paid off the loan within the last six years. It’s not surprising that so many people are in debt these days. If you are struggling with important payments such as your rent, mortgage or utility bill, and the money is taken by Aqua Loans UK ahead of these bills, you could end up in serious trouble. Swimming Pool Financing Aqua-Blue Pools has joined forces with Lyon Financial, LightStream, and HFS Financial to offer swimming pool financing to their Upstate SC customers so you can get the pool and backyard oasis you have been dreaming of. This is because when you apply to a lender, they perform a credit check that gets logged within your credit report. If you couldn’t afford repayments of your loan, or you found yourself taking out another loan to cover the repayments then you could claim for a refund! Before the new laws came into force, the lending industry was worth over £2 billion, which was fueled by irresponsible lending and stupidly high interest rates. The Financial conduct Authority is the regulator for lenders in the UK and they have explicitly said that a lender must not allow you to sign an agreement unless they have carried out a creditworthiness assessment and have given a proper regard to their affordability. You’re in control of the loan process with LightStream. You might want avoid it in the following situations: If you’ll struggle to make the monthly repayments. They are obliged to treat you fairly, so you should be able to come to an agreement to reschedule your repayments. Fiberglass Pool and Spa Builder and Remodeling Specialist. This means that we are no longer accepting applications for new loans. The result is you don’t know the money has left your account until you see your next bank statement. This means that you must be able to make repayments on time while meeting other reasonable commitments (eg. Aqua Finance Marine & RV Loans offers an auto loan product but they do not disclose their rates. Your first approach should be to contact Aqua Loans UK and talk to them about your problems. There is no better time than now to finance a pool enclosure to give your family the ability to get the most out of the swimming pool. This law tends to act as a bonus when claiming under law #1, although technically you could claim for this independently of law #1. Aqua Clean Pool/Spas understand that most families will need some sort of pool financing to build their dream backyard. If your credit history enables you to qualify, this loan is a great option to finance your new pool. Revolving Lines of Credit For more than 30 years, the essence of Aqua Finance's business has been water treatment systems because we know how important they are to many homeowners. The leader in water treatment financing has become a preferred finance provider for Home Improvement, HVAC, Marine, RV, Powersports and much more. Low rates and terms to 20 years. No longer are they allowed to take partial payments. Plus, there are no prepayment penalties for either type of loan! Receive daily funding directly into your bank account. Malvern, WR14 3HA. Other companies such as Quickquid have been fined £18 million. Only if you agree that they can take a partial payment, they are allowed to do so, but you must give your permission in advance for them to do so. Our loans team is here to help from 9am to 5pm Monday to Friday. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. They are supposed to inform you prior to debiting your bank account, but many of them fail to carry out this crucial step. Offer financing for loan amounts starting from $1,500. We are passionate about not only bringing water treatment systems to those customers who need one, but also those who are having trouble finding the financing to pay for it. The Financial Conduct Authority has introduced a price cap to protect borrowers from excessive charges. Indicate where you can obtain free independent debt advice, Hold off debt recovery for a reasonable period while you develop a repayment plan possibly using a debt advisor. Is all this information starting to feel overwhelming? They say everything is bigger in Texas, and a love of pools is no exception. I contacted Aqua Finance about canceling service due the fact I am moving and the unit previously ordered was designed for my previous home and will not work at my new home. When to avoid financing a swimming pool. If you have good credit and a solid income history, you can take out an unsecured personal loan. 1. Your bank may advise you to inform Aqua Loans UK that you have done this, but you are under no legal obligation to do so; they will be unable to collect any money from you until you give them explicit permission to do so. Again the loans application is rather secretive as it is only available for some credit card customers. More Than Just a Loan, Because it’s More Than Just a Pool. Personal loan. App is also easy to use. A complete cost cap of 100% – you should never be asked to repay more than 100% of the money borrowed. Customers that were not properly assessed during their loan application received a refund. Blue Haven Pools Financing Program. In fact, our founder, Bob Chadwell, was once a water treatment dealer himself! We can combine loans for larger projects and have programs for “less than perfect” credit. Currently Aqua loans are only available to existing credit card customers and as such information is hard to come by. It is possible to write off your debt entirely through an Individual Voluntary Arrangement (IVA). New regulations mean that if the CPA fails to be paid on two occasions, no further requests to your bank account are allowed. Unsecured Pool Loans Though not as common, some lenders do offer unsecured pool loans. Easy to obtain with a poor credit score and the customer service has been excellent. You need to try this! Find your best debt solution (in 1 minute! If you submit your details, the advice you will receive will be free of charge. A full list of providers is supplied here; To see how we use, store and share your contact information please read our Privacy Policy. See my simple guide for doing so here. Aqua Finance offers a program that allows you to easily offer financing to your customers and never miss out on a sale. Here’s what to do if you owe money to Aqua Loans. Recent recommendations regarding this business are as follows: "Screw this company. Swimming Pool financing is available for all types of pools including fiberglass, shotcrete, concrete, vinyl liner, above ground and more. We are Texas’ premier pool financing partner! Obtaining a swimming pool loan may be necessary if you are shopping for a new swimming pool and you choose to take advantage of competitive pool financing or you are short on funds. When it comes to buying a new pool, we don’t believe that finding the right financing should be … Aqua Finance adds more to life with simple payment plans and financing programs that consumers can afford. Wonga for example was fined £220 million, which ultimately put them out of business! Compare lenders, costs and other factors to see if a pool loan is right for you. Finance your swimming pool, at a low rate. These loans don't just help your customers - they also improve your business. Threaten you to get their money! I’ve put together a 4 question debt calculator so you can quickly and easily find the best solution for you. LightStream’s loan product is aptly named the AnythingLoan. This 4 question debt calculator will tell you if you’re eligible. In general, however, it is inadvisable to finance a pool using a bad credit loan. You only qualify for the government IVA scheme if your debts are over £1,700 and you have more than one debt. Offer financing to all qualities of credit for customers. Other companies have been known to fake the reviews or only encourage happy customers to leave feedback. This means that you do not have to put anything up for collateral. Call to action for those who want to contact Aqua Finance. This means that each loan has a separate repayment schedule with potentially different interest rates, monthly repayment amounts and payment dates. Receive 100% payouts for “A” credit customers. When you opt for a loan, it gets logged within your credit file and is visible to see for anyone who performs a credit check on you. Obviously if your credit history is good there are far better deals out there but this product does what it is advertised to do, very well.”. That perk is not available with standard home improvement loans. IVA Pros and Cons – Complete Analysis, Tips & More, Can Debt Collectors See Your Bank Account Balance? Help sell your product by letting customers know there are no pre-payment penalties. On our installment loan program, you can offer your customers a 0% APR and equal monthly payments on terms from 12-60 months. Do you have a loan with Aqua Loans? If so then you’re going to want to become one of the few to read how you can save money by possibly cancelling the loan. Unsecured Personal Loan Program . Your personal saving account can serve as a source for helping acquire a pool loan. The total cost of the project was $50000.00. A personal loan: This can be a fast and affordable way to finance a pool -- if you qualify to borrow enough money at a favorable rate. If you are passed to an Insolvency Provider these will only be Licensed and Authorised Insolvency Practitioners. How much interest you want to pay really depends on your circumstance, but genererally anything over 40% isn’t regarded as safe and may get you into a debt spiral if you can’t keep up the repayments. As long as you’re making your repayments on time and in full, by the time your loan ends, your credit score will be in great shape. Of course, you will still owe them money so you must deal with that directly; while you might be tempted to do so, don’t hide your head in the sand. It’s also important for you to know that when you’re looking for a single loan, it’s important that you don’t apply to several lenders at once. By providing your customers with the financing options they need to make the purchase, you are bringing in more cash flow TODAY. Offer term lengths of 12 months and up to 144 months for qualifying loans. Other Custom Promotions Available Swimming pool loans are an option for financing your new pool. Complete the loan application with your customer and submit it to us by phone, fax or through Orbit. For each loan you have with us, you can expect to receive separate annual statements and you will need to make separate monthly payments. When investing in an outdoor addition like a pool, hundreds of thousands of homeowners have successfully used lenders to pay for their project. If you are paying them by standing order or direct debit, you should contact your bank and cancel these. FINANCE YOUR POOL / SPA! Your aqua online account lets you manage everything to do with your aqua card in one convenient place – from paying your balance to changing personal details. Specializing in Swimming pool financing for over four decades. Unlike other banks and credit unions, Lyon Financial proudly specializes in providing swimming pool & home improvement financing solutions, allowing us to truly target a borrower’s specific needs. Here are some of the program highlights: Offer financing for loan amounts starting from $1,500. MoneyNerd is a trading name of MoneyNerd Limited, registered in England (12915403). Installing a vinyl lined pool in your backyard is a wonderful option for so many reasons. Ask us how to get more approvals for customers with less-than-perfect credit, but dreams of clean, safe water for their family. Log-in below to access your aqua loan details and download your documents. The FCA are pretty strict about what a company can and can’t do, so it’s safe to say that they are legit. Below are some links to my most popular posts: Aqua Loans UK is a NewDay brand who are regulated by the financial conduct authority (FCA). NewDay are known for their credit card brands such as Aqua, Marbles, Opus and Fluid, however they are also the supplier for many store cards such as Debenhams and House of Fraser. ), Get Them To Prove The Debt (With Letter Templates). Pool loan calculator: Compare monthly repayments. Reviews and forum posts reveal that some people have gotten loans of £1000 with a similar interest rate to their credit card. We can fund your loan as soon as the day you apply. (UK Guide), How Do Debt Collectors Find You in the UK? Aquamarine Pools (Aqua Pools) ... hassle-free way for borrowers with good to excellent credit to finance their swimming pool purchase. You are under no obligation to proceed with any solution offered by the advisor. The solution to this problem is to offer another method for customers to finance … Awful lying customer service advisors and managers! Our call centres are currently limited in the number of services they can offer and the times we are open. With the option to be taken out as a secured or an unsecured loan, it’s not essential to offer your home for collateral and the quantity of the loan can be determined solely on your credit history. The overall rating of the company is 1.4 and consumers are mostly dissatisfied.. Having created a sound strategy in the Water Treatment and Home Improvement industries, the Aqua Finance model has exploded in many other verticals of business, including Marine, RV and Powersports. (and how to hide! Alot of people moaning about the apr% but if you make small purchases and pay the balance each month (basically what a credit builder card is designed for) you don’t get charged interest. Swimming Pool Loan Solutions. Kerridge Financial is the trading style of Aqua Financial Limited, which is authorised and regulated by the Financial Conduct Authority. Complaints to the Financial Ombudsman have risen this year from 830 to 2,006, so it’s safe to say that you’re not alone. This new law worked and over the 3 years following the laws the number of loans issued fell from 10 million to 1.8 million and the number of lenders fell from 240 to 60. 1. If you can't find an answer then please contact us: Email us at aqua-support@aqualoans.co.ukremembering to quote your agreement number, if you have one, and mobile phone number so that we can identify you. We offer loans from $5,000 up to $40,000, provided you meet our eligibility criteria first. It’s save to say that the application will be very simple, similar to their credit card application, with an answer given in a few minutes. It's free to apply and the benefits will be well worth it. Here are some of the program highlights: This is only a snapshot of how Aqua Finance can help you make more customers confident in their water treatment needs. We offer “STATED INCOME” programs, long repayment terms for smaller payments and no loans ever carry prepayment penalties. Same-day approvals and same-day funding on some unsecured programs makes these loans hard to beat. Getting angry blaming a company is just a diversionary tactic to avoid paying what you owe. There is no impact to your existing loan and your credit agreement remains in place. It’s not your fault. Not repaying a loan on time will have an adverse effect on your creditworthiness. Having created a sound strategy in the Water Treatment and Home Improvement industries, the Aqua Finance model has exploded in many other verticals of business, including Marine, RV and Powersports. 3. At Aqua Pool, we work directly with Paramount Capital Finance, a screened finance dealer that provides stability, quality workmanship, customer satisfaction, and confidence. Aqua. Aqua Loans UK will no longer be able to collect payments automatically and you will retain control of your bank account. With a pool enclosure, there is no reason why a pool can not be enjoyed at any time of the year, regardless of the weather. They’re safe enough to get money from, but you’re not going to be blown away by their customer service. 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