FAQ's
Q:
What happens if I default on the loan?
Portal Portfolio will remind you that you need to repay your loan as scheduled. You may incur additional charges and interest if you default on your loan agreement.
Your Portal Portfolio Secured Loan will be secured against your home and your home will be at risk if you default on payment. Your pension investment is separate and protected.
9.9% - 10.9% APR Typical Variable. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Consolidating your debt may increase the amount you pay back overall and extend the repayment period for your debts. Early repayment charges apply to the Portal loan.