GreyWing is happy to show off our new site that caters for those who want to obtain finance without having to go through Credit Checks.
We all know that finance is becoming more difficult to get for some people in our economy. This is often due to previous financial problems, problems they may now have recovered from and learnt from but still unforrtunately affected by.
There is no doubt that the media will look on the site with a negative attitude, the fallout we got when we launched Unemployed Loans was pretty harsh and even calling for it to be banned. Whilst the public understood our reasons - the media and politicians didn't.
The site does perform some checks, it performs what are called "Affordability checks" not "credit checks". There is a big difference between the two, the Financial Conduct Authority actually seems to prefer the affordability checks method. The AC method allows lenders to check someone's current income and spending rather than records that go back anything up to 6 years in the past.
We build the site on behalf of our client Quick Loans Ltd, a company that has close links to GreyWing.