The loan will be repaid in instalments on a weekly basis in line with your loan agreement direct out of your bank account using a CPA agreement.
CPAs are a type of regular automatic payment that allows us to withdraw sums from your account without having to contact you seeking repeat authorisation for each payment. CPAs are used for various payments such as gym membership and broadband providers. Once agreed by you, the CPA is used to collect payments but it is important to us that you are made fully aware of the commitment you are making when applying for and accepting short term credit from us.
You automatically have a 14 day cooling off period where you may cancel your loan agreement with no financial penalty. You will however still be required to pay any daily interest accrued on the loan agreement within that cancellation period.
If you hold any funds on account within our group and your loan falls into arrears, the funds will be held until your loan has been cleared. The loan is also registered on your credit file, so it is important to maintain payments or contact us if you are experiencing financial difficulties.
It is important to remember that whilst the need for funds may be urgent, the need to properly consider all your options is greater. Start by making a budget so you know what repayments are affordable for you. Then compare the different lender's loan products, associated fees and repayment options to help form your decision.
If you are looking for flexible and secure credit options, then IN-SYNC Credit may be the right lender for you.
No person can access your internet banking details. When you enter your banking credentials on our website they are securely transmitted. The encrypted details are then passed by our credit reference agency, Perfect Data Solutions Limited and associated service providers. They are stored in a highly secure data centre which has a single use, which is to generate a read-only data-feed which we will use to assess the affordability of your loan.
They will be used to make lending decisions about you and stored by us as long as necessary to assist us in managing your account or underwriting loan to you. It will be stored by Perfect Data Solutions Limited, which is a credit reference agency, as part of your credit record. This means that anyone who accesses your credit record in future will be provided with a credit score which is based on all the information held about you including your banking history.
We would recommend that you review the Terms and Conditions of your internet banking provider. Before you decide to submit your banking credentials, we would stress that security is of paramount importance, we would especially mention that: o Your data is encrypted in transit; o We do not have any functionality over your bank account; and o We only have access to a read only service.
If you are self-employed and had tax deducted at source under the CIS, you are allowed to reclaim allowable expenses via your annual CIS return. Any self-employed person with reasonable expenses will certainly have overpaid in tax and will be due a CIS rebate typically in excess of £2,000!
CIS tax returns are completed by our sister company IN-SYNC Tax LLP. If you work under CIS you are required to complete a self-assessment tax return. You will need to provide details of all pay you have received from your contractor, or contractors, in that tax year. This can be in the form of invoices or a statement which will also show how much tax you have paid in that tax year. If you have incurred job expenses you will also need to include these on your tax return. The most common expenses can include tools, business mileage, accommodation and subsistence costs. These expenses will reduce your tax liability for that tax year. If you have had any employment under PAYE or made a Job-seekers claim during the tax year you will also need to enter the pay and tax figures for these on your tax return. This information can be found on your P45 or P60.
Complete the contact form and we will call you, or alternatively call us on 01252 702270 to speak with one of our sales agents. We will send you a promo code to complete your online application, then sit back and wait for your payment!
Complete the contact form and we will call you, or alternatively call us on 01252 702270 to speak with one of our sales agents. We will send you a PIN code to complete your online application, then sit back and wait for your payment!
The SEL credit facility is a loan which has been underwritten by IN-SYNC Credit Services based on your current Tax year self –assessment and earnings to date. The amount of loan you can have depends on your rebate at the point of your loan being taken. It basically works the same way an overdraft facility does. You have an agreed amount you can draw from. You pay this back over the agreed term, you then have the amount at your disposal again.
- You can borrow up to 85% of your current Tax year rebate by supplying IN-SYNC; with your current earnings to date for this current Tax year and you can choose to repay your loan over up to 12 weeks or 9 monthly instalments.
IN-SYNC Credit Services interest rates are one of the lowest rates in the market and it depends on your personal circumstances. Please contact us directly for specific queries regarding the interest rates.
- If you are already registered with IN-SYNC Group, after IN-SYNC Credit Services have confirmed you are eligible for the loan the application should take roughly 5-10 minutes for you to complete online.
- Once your application is successful, you will have this credit facility available to you.
You automatically have a 14 day cooling off period where you may cancel your loan agreement with no financial penalty. You will however, still be required to pay any daily interest accrued on the loan agreement within that cancellation period.
The CBA facility is an advance on your self-assessment rebate for the current tax year. The self-assessment will be used to pay off the advance payment once IN-SYNC tax submits your self-assessment and receives your rebate at the beginning of the new tax year.
There is no requirement for you to make repayments on the advance. When IN-SYNC Tax receive your tax rebate from HMRC we will simply deduct the amount advanced to you previously automatically and pay any surplus directly to you.