How much can I Borrow

How much can i borrow

Many of us whenever shopping around and want to borrow money has this question in our mind that ‘How much can I Borrow?’ The loan amount you can borrow will vary according to your financial circumstances and your credit rating. There are many types of loans available starting from £50 and as high as £1 million. At ORDG we understand your needs and we offer all types of loans.

We’ve got a solution, for your next borrowings.

How much loan can I borrow?

We always play by the book and we want to inform you that:


  • We don’t charge you standard property valuation fees.
  • There are no Product fees, you don’t have to pay any amount upfront.
  • No fee for loan advice. The only pay your actual repayment amount.
  • We’re the direct lenders, so you never have to pay broker’s fee.
Are you looking for a new sofa or a washing machine? Or planning a much-needed vacation? Many of us can’t afford to pay for personal expenses in full out of our monthly income. Instead, we need to borrow Personal Loan and it might be the answer for all your long-term needs. Personal Loans are tailored made for each individual. How much can I borrow on Personal Loans would depend on your overall income. You could borrow up to £25,000 and pay back over terms of between 1 and 10 years. The interest rate varies from 2.91% to 7.19%
Personal Loans Representative example:
Loan Amount: £7,500
Loan Term: 60 months
Fixed APR: 3.3%
Monthly repayments: £135.60
Total cost of the loan: £8,136.22

How much can I borrow on Payday Loans

With ORDG you can borrow between £100 to £15,000 and repay this loans between 3 and 60 months. Typical APR varies from 2.65% to 7.99%
New Payday Loans applicants can usually borrow up to £10,000 and once you have paid back a loan on time, you’re eligible for a top-up of up to £5,000
Most loan application approvals are based on affordability and credit scores. As part of responsible lending, we undertake a few procedures to ensure that we give you the loan product you need with least documentation. We only need details from our customers, reason to borrow, employment status, monthly income and credit rating. As long as you can afford to pay back and on the due date then together we determine how much we can lend.
Payday Loans Representative example:
Loan Amount: £12,500
Loan Term: 48 months
Fixed APR: 3.1%
Monthly repayments: £280
Total cost of the loan: £13,318

How much can I borrow on Bad Credit Loans?

How much can I borrow Loans

How much can I borrow Loans

Your credit rating is a vital part of loan application. We as a lender take many factors into account while considering your loans application. Your credit score is one of the most important factors. When you apply for bad credit loan, we use details on your credit file and if you’re not on credit blacklist then we can approve your Bad Credit Loans. Loan amount varies between £3,000 to £18,000 and is calculated on affordability.
Bad Credit Loans Representative example:
Loan Amount: £5,500
Loan Term: 36 months
Fixed APR: 4.7%
Monthly repayments: £165
Total cost of the loan: £5,896

How much can I borrow on Car Loans?

Purchasing a car is for most of us is one of the biggest purchases. However, not all have the funds to buy a new car and you may need car finance to buy your dream car. Buying a car on finance, most of us should a question that How much can I borrow?
It’s a simple question but there are many factors that can affect your loan amount. We consider your car loan application on your credit score, affordability and monthly income. You can get 0 Car Finance from us and deposit is not mandatory. These are the factors will determine how much we can lend you.
Car Finance Representative example:
Loan Amount: £15,000
Loan Term: 60 months
Fixed APR: 6.9%
Monthly repayments: £294.75
Total cost of the loan: £17,695

How much can I borrow on Mortgage?

Before deciding how much you can borrow on your next Mortgage, it’s good to have a budget and how much can you afford to pay back each month. Calculate all monthly incomings and outgoings, see what you’re left afterwards. Prepare a complete list and get a good picture of your monthly financial position. Once you a budget you would be in a better position to know how much can we lend you.
The interest rate on a mortgage depends on the loan-to-value (LTV) ratio. The LTV equals to value of your property minus deposit on a house. So, if you want to buy a property worth £350,000 and you can afford a deposit of £70,000 then you can take a mortgage £280,000 and your LTV will be 80%.
To apply for a mortgage with ORDG you need to:
•be 18 years of age and a UK resident for more than 2 years
•have the property in the UK
•have not been declared bankrupt in last 12 months
•be able to prove all types of income

How much can I borrow
by improving my credit rating?

We all need some extra funds to go on a holiday, pay college fee or to buy something for the house. But if you want to borrow more try and improve your credit history.

What’s in your credit report?

Your report will usually includes your:
First and Last Name
Date of Birth
Current and all previous addresses
If you’re registered on electoral
A complete list of all your credits.
Late and missed payments will stay on your file for next six years.
CCJ for non-payment of bills, debts and bankruptcies.
Information about people who are financially linked to you
If you’ve committed any fraud
Your credit report doesn’t include religion, race, salary, fines or council tax arrears.
There are many things you can do to boost up your credit:
Pay bills on time every time.
Avoid multiple loan applications and use lenders to apply for any credit. They always run a soft credit check.
Share a landline number on loan application
Break financial links with friend or relatives with bad credit
Register to vote, if you’re not on the electoral roll register yourself today.
Close any unused credit cards and bank accounts
Have a regular saving, which gives an extra buffer for unexpected cash needs and you can avoid missing payments.

Still confused on How much can I Borrow?

Talk to our Financial Experts.