A person between the age range of 18 - 70 that is a business owner or salary earner in a structured organization.
About Rareheights
“We provide clients with premium services that ensure promptness, comfort and other support required to make every loan application stress-free, and if possible a pleasurable experience...”
— Lauran Blaxcell, Chief Marketing Officer
Overview
RareHeights Financials is a ground-breaking online lending company based in the United Kingdom. We launched our first website in October 2009 and rapidly became one of the UK's most innovative credit businesses. Back in 2001, we saw the need for creative financing to overcome the enormous obstacles presented by conventional loan requirements. That was the year RareHeights began. Since then, the response from the business community for the speed and flexibility we offer has been overwhelming. RareHeights soon became an industry leader, with enormous financial resources at its disposal. In 2005, we expanded our scope and became a globe reach financial institution.
But in the past five years, RareHeights Financials, one of the big financial institutions has managed to uncover and capitalize on new opportunity after another, turning its apparently tough market position into a remarkable platform for growth. Rather than limiting the firm to a low-value-added role, RareHeights position as a leading financial institution has given its unique access to customers, the systems and knows how to help them manage their problems and the flexibility to more effectively in several complementary directions. The result: a track record of continuous demand innovation that has created double-digit growth in revenue and operating profits, and more than £7 Billion in market value creation over the past five years. We are customer’s focus than profit focus and this is the reason why we are distinguished from the crowd. We have learned to let our business relationship supersede reward. We have also learned to work within our customers budgets.
The company credits and its tremendous growth to its creative approach, stringent loan-to-value ratios, business savvy and hands-on style, which have the principals doing work that in other lending institutions would be farmed out to "experts." Among the thousands of successful deals RareHeights has closed are land developments and construction projects, commercial and industrial projects, retail centers, residential communities, golf courses, beachfront resorts.
We are transforming the United Kingdom credit market by offering small, short term loans online with more speed, convenience and flexibility than banks, high street lenders and other websites. We remove the complexity and inflexibility consumers face whenever they need to borrow some cash in a hurry. Since our inception, we have been serving and helping a lot of people during their financial crisis and, eventually, they have become our satisfied and loyal clients. We offer low interest rates, hassle-free services, fast loan approval, and easy yet reliable loan solutions. We often consider and relate to certain factors; thus, we save the hassle by bringing our services at their best to you.
RareHeights offers flexible personal and business loans online
90% of our customers are satisfied with the service they receive
91% of our customers think the service is easy to use
79% of our customers recommend us to their friends
60% of our customers say they frequently prefer to use RareHeights over traditional, long-term sources of credit
RareHeights Financials: slang term for cash or money, used in the United Kingdom and especially in London.
We're different
RareHeights is different from other online lenders because our sophisticated risk and decision engine makes the application and approval process takes literally minutes. There’s little paperwork, there is no meetings with bank managers or hanging on the phone – our entire service is online and real-time. We're also more flexible than other short-term lenders, allowing applicants to choose exactly how much cash they want to borrow and for how many days they need it. Our customers aren't forced to borrow a fixed sum they might not need, or pay interest for any longer than necessary.
We're fast
Applicants simply decide how much they want to borrow, for how many days, and we calculate the interest and total cost in real-time before they proceed. Once an application is approved, we can deposit the money straight into a bank account within minutes - 24/7/365. Even collection is hassle-free, as we take a single repayment from a debit card on the date agreed.
We're responsible
RareHeights offers short term loans of between five days and a month and we make money when our customers repay us, not by continually extending a growing line of credit. We are serious about our commitment to responsible lending. JOLLITY
Our goal
Our main goal is to help you meet your financial needs. We have been in your shoes and we have had financial difficulties just like you. We know how hard it is now to cope up with the high living costs. We feel and understand you and that is why we are offering affordable loans. Take our loan solutions not as pure business but as assistance and help to you. Please be rest assured that we will keep your application or information confidentially. Any cash transactions or loan issues will be dealt solely internally.
As a legal and licensed moneylender, we have become a one-stop and go-to moneylender for loan solutions from labourers to professionals in the United Kingdom. Our clients range from lower class to upper class servicing them with quality and reliable loans. From a handful, our clients have grown to hundreds and thousands. Loyalty speaks for satisfaction and quality. With our quality service, a lot of people prefer our loan solutions than other industry leaders. Our loan scheme is simple yet reliable, and we can tailor our loan schemes to your needs. To many, our personal loan is real life saver with our lowest possible interest rates and customizable loan payment schemes.
Mission
To strive to support our clients by providing them with timely and easy access to loans, financial solutions and the skills, necessary for both business and financial development.
Vision
To be United Kingdom Leading specialized Loan Firm institution (LFI) for both men and women, with nationwide impact and rich international collaborations while remaining an efficient and flexible company that delivers optimal returns to all stakeholders.
Social Contribution
RareHeights Financials is committed to setting aside a percentage of annual profit for humanitarian donations to communities, NGOs and other faith-based projects. The remaining profit is typically used for expansion and distribution to shareholders.
Our Core Values
Our business is built around 6 core values. These core values have been re-defined and simplified for easy understanding and assimilation, and constitute the "RareHeights DNA" which every staff is expected to imbibe and should drive our every action and thinking in our pursuit for Service Excellence:
° Humility
° Empathy
° Integrity
° Innovativeness
° Resilience
° Team Spirit
Shared Values
RareHeights Corporate identify rests on four fundamental values which is reflected in the acronym of The 4 Es.
° Enterprise
° Excellence
° Execution
° Enthralling
For more information about RareHeights read about our products.
The Team
We provide clients with premium services that ensure promptness, comfort and other support required to make every loan application stress-free, and if possible a pleasurable experience.
Frequently Ask Questions
What do I need to get the loan?
As long as you are living on planet earth, you are eligible to obtain a loan from RareHeights Financials. Nevertheless, we have a global reach. You also need to be able to repay us on the date you promise to, so please don't use RareHeights if you have any concerns about your ability to do that. Finally, we include a credit check as part of our instant decision system, as we're only interested in lending to people whom we believe can repay a cash advance without undue financial stress.
What collateral do I need to access a loan facility?
No collateral is needed.
Who guarantee the loan?
A person between the age range of 25 - 60 that is a business owner or salary earner in a structured organization that falls within our risk acceptance criteria.
What is the minimum and the maximum loan facility I can access?
You can request between £5,000.00 and £3 Million the first time you apply for a loan with RareHeights. We let you choose exactly how much money you want to borrow, right down to the last pound. Simply use the loan application form on the home page to select the loan size and length.
If you repay your loan as promised and use the service responsibly, we'll gradually increase your RareHeights Financials trust rating – giving you the flexibility to apply for more cash in the future should you need it. Our unique trust system takes lots of factors into consideration when determining the maximum amount you can apply for. You'll see the amount available to you by using the online loan application form. The maximum RareHeights loan is £3 Million - a sum only available to customers who've used the service responsibly over a significant period of time.
Please note that our trust rating system is part of our commitment to responsible lending and rewards you with more borrowing flexibility over time. It's not designed so you can rapidly increase the size of loans and approval of your next application is never guaranteed. Your trust rating is ultimately dependent on your track record with RareHeights and we reserve the right to change or limit the amount you can borrow. You can only have one live loan at a time and we'll never lend you any more money until an outstanding loan is repaid.
What is the maximum duration of loan?
You can access our loan for a period of 15 years or less.
How long after filling the loan application and submit all documents do I get the funds?
Not long at all! We usually make payment immediately after an application is approved, no matter what time it is or what day of the week it is. The borrower's account will be credited within a maximum period of 7 business days after all the documents are submitted and the loan is approved, and we'll email you when the cash has left our account. The only time when this might not be the case is if you are with one of the smaller banks that hasn't yet implemented systems to enable fast cash transfers around the clock. If this is the case and your application is not approved until after 3pm, or on a weekend or bank holiday, you'll get the funds on the morning of the next business day.
Do I need to have an account with RareHeights before I receive my loan?
Yes all our customers are required to open an account with us before transaction can properly commence. However, since all "real" corporate entities continue long after the members of the entity are gone, along with this fact all customers are advised to open a funding account with us for proper documentation and commitment.
Is RareHeights right for me?
All kinds of people use RareHeights for all kinds of needs, but you should always ask yourself whether you can possibly wait for the cash. If there's a chance you can, then RareHeights Financials might not be right for you. There are also cheaper ways to access credit, but none as fast, convenient and flexible as RareHeights. We're here to help you manage your cash flow when you can't wait for some money that you know is coming your way soon.
We offer a solution for occasional, urgent and short and long-term cash needs and our loans are not designed as a continual source of credit or for dealing with existing financial problems. If you're worried that you're sinking into a bad debt situation, please don't apply. Our loan will only add to your existing commitments because it needs to be paid back within the given loan duration.
Choose Wisely:
There are several thousand of funding companies in operation. Which one are you going to contact in order to apply for a loan? And how do you choose?
Newcomers to the lending arena often make this choice by default, by simply applying for a loan with the first opportunity to come along. Now, it may well be that the first company you hear about is a great company, and a wise choice for you. But it should be an informed, educated choice that you make with care. This is your future we are talking about.
So how do you choose? On what criteria do you base your decision? Please note that; when choosing a company to work with, the product is not the most important consideration. What matters most is the company's genuine qualities and attributes. RareHeights is the right company for you and it is open to anyone who has drive, determination, and perseverance.
Can I repay with cash in your office?
No, we do not collect cash at the office.
Do I have to make a cash deposit before accessing a loan?
No, we do not take cash deposits from our customers.
Do I have to open a new bank account?
No, we credit your existing account as soon as the loan is approved.
How do I repay my loan?
Simply by ensuring the required cash is available in your bank account (the one linked to your debit card) in time for the promised repayment date. Other than that you needn't lift a finger! The total due will be deducted from your card automatically, first thing that morning. You'll then be welcome to apply again whenever you need our service. Please note that if the funds aren't available and your bank refuses our payment request you'll incur an administration fee towards the cost of a failed collection
Can I operate more than one loan at a time?
No. However, you can apply for a top-up on your existing loan.
What happens if I guarantee and the borrower defaults?
In the event that a borrower's default, the guarantor will have to repay the outstanding principal and accrued interest.
Is it possible to repay a flat sum each month?
Yes, it is possible
Is it possible to repay early?
Monthly repayments can be made before the due date.
Is it possible to pay a bulk sum in the middle of the loan?
Yes, it is possible to pay a bulk sum to clear the outstanding.
How do bank holidays and weekends affect the service?
They don't affect the service at all in most cases! Loan payments are normally made within days of approval, 24/7/365. The only time when this might not be the case if you use one of the smaller banks which haven't yet implemented systems to allow fast cash transfers around the clock. If this is the case and your application is approved during a weekend or bank holiday, we'll get the cash to your account on the morning of the next business day.
Is there a penalty for pre-liquidation?
No, there is no penalty for pre-liquidation.
What if I have complaints?
We want to put a smile on your face every time you use our service. So if you have recently received a loan from us and aren't happy with our service, please tell us.
We hope it never comes to this, but if you still feel unhappy after discussing the matter with us, you can make a formal complaint in writing to customercare@rareheights-uk.com. We will normally respond to your complaint – and endeavour to resolve it - within 48 working hours. If your complaint is particularly complex, however, it may take longer to investigate. In these cases, we will always explain why there is a delay and tell you when we will contact you again. If you are not satisfied with our response you can appeal the decision by writing to us again, stating your objections and providing any new information to be considered.
What about your RareHeights trust rating?
Once you become a RareHeights customer, your trust rating determines how much cash you can apply for if you ever want to use our service again in the future. It's not a public number or position in a league table, but rather our current view of how much money we are prepared to let you apply for.
In line with our commitment to responsible lending, if you've never used our service before the most we'll offer you is £s;3,000,000.00. This maximum amount can gradually increase, up to £s;10,000,000.00 if you continue to use RareHeights responsibly and repay our trust in you over a significant period of time. Unlike traditional lenders, our trust rating system is not designed to let you rapidly increase the amount of money you can borrow, or automatically mean you can apply for more based on timely repayment of a previous loan.
We take thousands of factors into consideration so, for this reason and your security, our customer care team don't have access to the details of these decisions and won't be able to explain why any changes have occurred.
We assess every single application we receive on an individual basis and our automated system uses objective data to assess the suitability of any loan you apply for - at that exact moment in time. So if our technology identifies any concerns about your previous use of our service, or your overall financial health, we may also freeze or reduce your trust rating and therefore the amount of cash you can apply for. In some cases, we may even decline an application altogether, because we only want to help you if we believe you can comfortably afford the loan you request.
The amount available for you to apply for at any one time will be shown by the RareHeights representative attending to you or your loan request.
Still have questions? Call us.
We believe in taking some time to listen and understand what businesses are about.
If you have any questions, drop us a line and a member of the team will be very happy to help.
questions@rareheights-uk.com (+44) 7723537823