Nemo Introduces New Products
Nemo, announce the introduction of four new products to offer your customers with effect from 25 May 2010.
A, B and C Plans have been withdrawn and replaced with E, F, G and S Plans.
In addition they no longer charge a higher rate of interest for loans between £10,000 and £15,000.
85% LTV Product (E4)
Following the successful introduction of their 80% LTV plan in November last year and the positive changes that they haveexperienced in the trading environment over the last few months, Nemo are very pleased to be able to add this product to their
matrix. The 12.9% APR is competitive and the additional LTV limit should help you to maximise loans for the customers
benefit and attract many customers who previously failed to qualify for a Nemo loan simply due to a lack of security.
Self Employed Product (S1)
Nemo believe that it is the right time to offer a competitive product for prime self employed customers. The 11.4% APR should prove attractive. The Terms and Conditions including income verification and affordability are sensible and are designed
to ensure the longevity of this product offering.
For more information, or to discuss any new cases immediately, please call the sales team on 08456 444222