PENSIONKEY.COM! THE PENSION LOAN EXPERTS!
Q: How Much Money Can I Raise?
A: You can raise up to 70% of your pension fund or combined funds if you are a UK or overseas resident.
Q: How Do I Apply?
A: You apply on-line on this web site or call 0800 334 5711.
Q:How Long Does It Take To Get A Decision?
A: You will generally get a decision within 1 hour however during busy periods it can take up to 24 hours.
Q: What If I Have A Poor Credit History?
A: There are no credit searches, credit checks or credit scoring required for a pension loan. Acceptance of your pension loan is 100% guaranteed and also available to bankrupts, IVA and CVA clients.
Q: Do I Need To Provide Proof Of Income?
A: There is no proof of income, pay slips or accounts required for a pension loan.
Q: How Long Does It Take To Get Paid Out On The Pension Loan?
A: Your loan will be credited to your bank account 7 days after completion of the transaction which can take anything from 6-12 weeks.
Q:What Type Of Pension Scheme/s Can I Get A Pension Advance Against?
A: You can get a pension loan against a personal pension (old or existing) - SIPP/Self Invested Personal Pension (Old or Existing) - Money Purchase and some Final Salary Company Pension Scheme/s (Old schemes only and you cannot be contributing) We also reserve the right to refuse some final salary schemes!- QROPS (Qualifying Recognised Overseas Pension Scheme - SERPS Pension Schemes.
Q: Am I Guaranteed To Be Accepted For A Pension Loan?
A: Yes 100%! If you have one or more of the above pension schemes then you are guaranteed acceptance.
Q: What Are The Repayment Terms?
A: There are no monthly repayments during the term of our pension loans.
Q: What Interest Rate Will I Be Charged?
A: Interest rates are charged at 0%.
Q: If I Have No Idea What My Pension Fund/s Are Worth, How Can I Find Out?
A: You can contact your pension company/s yourself and request an up to date value and transfer pack which is usually with you within a week.
Q: Is There A Lot Of Complicated Paperwork?
A: There is no complicated paperwork for you to complete when you arrange a pension loan via this web site. All paperwork is pre-completed for you and posted out to you by recorded delivery or can be e-mailed to you. All you need to do is sign where highlighted and return it to us. We will also require a copy of either your passport, driving license, national ID card or HMRC tax code notification as proof of identification. We will also require a copy of a recent utility bill, bank statement or council tax bill as proof of address.
If you prefer a personal home or office visit this can be arranged!
Q: Is There A Minimum Pension Fund Required To Get A Pension Loan Via This Web Site?
A: Our minimum fund required is 50,000. .
Q: What If I Change My Mind?
A: Please only apply for a loan with us if you are serious and also happy with all the information given! We do not ask clients for up front fees however PensionKey may be charged up to £2,500 by the scheme administrator for cancelled cases especially if they are near completion!
Q: Will A Loan Against My Pension Fund Affect My Tax Free Lump Sum When I Draw It?
A: Yes it will with a 70% scheme as you will not be able to draw down on your pension fund when you retire!
Legal Disclaimer
Please note that the content of this web site does not constitute financial or tax advice nor does PensionKey s.r.o. purport to provide financial or tax advice in any respect. This web site therefore provides general financial information only. PensionKey s.r.o. is a marketing company only and does not provide regulated financial advice.