Payment Protection Insurance (PPI)

Payment Protection Insurance (PPI) is designed to safeguard your outstanding loan or financing in the event of unforeseen circumstances, such as the death of the borrower, as outlined in the PPI terms and conditions. This insurance is a mandatory requirement for new loans, and you will need to apply for it. Your decision to accept or decline PPI coverage will not impact your Personal Loan or Finance application..

PPI coverage is underwritten by the Guernsey Financial Services Commission, which assumes no responsibility for the benefits of this coverage. The summary below provides an overview of the key provisions in the Master Policy of Group Credit issued by the Commission. We recommend that you carefully review the policy details to fully understand the scope and terms of the coverage provided

Credit Boost: Enhance Your Credit Score Instantly

Your credit score is calculated based on your financial history. With Credit Boost, you can take proactive steps to improve your credit health with a simple three-step verification process.

Once your account is connected to Credit Boost, we will deposit a small verification amount into your account. This amount must be returned immediately to allow us to update your report with the credit bureau. This update may lead to an immediate improvement in your FICO® Score.

How to Return the Verification Amount

You can repay the verification amount using an online transfer app (e.g., Cash App®) or by using your debit card at authorized stores.

Please note that your lender or insurer may use a different version of the FICO® Score or another type of credit score model, such as the FICO® Score 8 model.