DirectLoans UK Ltd purport to offer franchises to consultants to sign up prospective customers for loans. They claim to have their own underwriters and financial providers.
They charge an initial £2500.00 for a Regional franchise with a second £2500.00 becoming due after 6 months. The contract states they will provide training and full advertising throughout the Francise region for the first 3 months. They state they will rpovide all leads, pre-qualified through Equifax and the Franschisee's role is to make appointments and complete the application for loans in the customers' home.
I met the Directors, Mr Steve Halsey and Mr Russell Ross. I undertook due diligence, having called 3 "franchisees" provided by Mr Halsey.
I paid the initial £2500.00 in September. I have received no advertising and no training. I have not received one call for an appointment and now Mr Halsey and Mr Russell will not return my phone calls or emails.
This is a complete scam and I would warn people not to get involved and to call the police.
Mr Halsey's mobile number is 07963 680813.
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