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Equifinance reviews

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Rated Terrible 1.00/5

Equifinance reviews

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Review summary

People rate this company as Terrible based on 3 product reviews

Average score of 1.00/5
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Reviews for Equifinance have trended negatively over the past 90 days

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About Equifinance

Equifinance are a specialist second charge mortgage lender in the UK. So if you're looking for Equifinance reviews, see what our community has to say below, or if you’ve experience with Equifinance, please share a quick review of your own below in order to help others.

Equifinance at a glance

Reviews for Equifinance

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Absolutely ludicrous!

Mortgage 22nd September 2024

Had a snotty letter from this tin pot organisation threatening me with a field agent visit for £9.25 arrears......yes I said £9.25...not £925.....or £9250...........£9.25...which I... Had a snotty letter from this tin pot organisation threatening me with a field agent visit for £9.25 arrears......yes I said £9.25...not £925.....or £9250...........£9.25...which I have no idea how they have calculated this because the payment is £219 per month and I always pay £220 so should be makbe a couple of quid in credit! It stated that a field agent would be attending my property if I did not phone them with in 2 working days of the date of the letter. News flash, Equifinance, 1st class post in this country does not mean next day any more, a testimant to this is the fact your letter arrived on the morning of 21st of September and the date of the letter is the 18th.....that's my first issue. The second issue is that the purpose of the 'field agent vist' is to agree an affordable payment plan............for £9.25, new income and expenditiure details and an affordability check ..........for £9.25! What will I be charged for this utterly ridiculous 'field agent vist' between £75 and £125!!!! Not happening Equifinance if you dare send anyone to my property for an arrears amount of less than £10 I will be making a formal complaint to the Financial ombudsman service! You are not allowed to use bullish scare tactics like this. Can I suggest that rather than you sending what is clearly a generic letter which appears to have not even been reviewed by an actual person, (I say that and I really hope that's the case because the postage, paper, ink and envelope will probably have cost more that the actual 'arrears') you use your common sense and either capitalise or leave on the account! You are an absolute joke, no other mortgage company would even bother writing for that pathetic amount......which again I have no idea how you have calculated it because I always pay 'pence' over! I have now paid £25 so should be £15.75 in credit!!! Please make sure this is checked by a real live person because as I have stated above if you waste my time with a field agent visit and try to make me pay a comparatively stupendous amounf of money for an unecessay visit, a full complaint will be made! We are putting our house up for sale within the next month and are currently in the process of getting the mortgage sorted for the purchase of a new house and I have to say I will never have dealings with an absolutely ridiculous company such as yours ever again! Utterly ridiculous! Read more Read less

Rated Terrible 1/5
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Loan Repayment

Mortgage 26th May 2023

I took out a loan with Equifinance last year through the broker called Believe Loans. I took out £26000 to consolidate my loans and credit... I took out a loan with Equifinance last year through the broker called Believe Loans. I took out £26000 to consolidate my loans and credit cards and it’s the worst move ever. Looking at it now this £26000 pounds loan has a interest rate of 11%. I’m paying £348 pounds a month and it’s for 15 year’s repayment. Working this out makes me sick £348 pounds x 15 years(180 months) = £62 640 the amount I will pay back. I’m more in Dept than before biggest regret ever. I’m highly recommending to who ever wants to take out a loan with this company please read every detail don’t just blindly go into it cause you desperate for that easy money. This company is a rip off and should be taken to task. Read more Read less

Rated Terrible 1/5
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  • 1/5

    Payment date misery

    I have an account with Equifinance and needed to change the payment date due to an employment pay day change. I rang and did this... I have an account with Equifinance and needed to change the payment date due to an employment pay day change. I rang and did this and shortly after received a letter stating that to change the date by 18 days they would charge me £318.27. I rang and immediately cancelled the change as they would not help. I was not told of this charge amount in the initial call to change the date. Shocking amount to charge and I will never use the services of these people again . Read more Read less

    {"display":"Ray Gooding","full_name":"Ray Gooding","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    Mortgage
    Ray Gooding 14th June 2022
    Equifinance are low on reviews. Used one of their products? Why not write a review.

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