What the scheme is
1 Month Loan's "Recommend a Friend" (RaF) scheme is aimed to reward existing customers who recommend their friends and family to our company.
How it works
When you join the recommend a friend program you will be able to enter basic details of the person you are recommending (Name and Email Address). We will then email your friend to invite them to take our a loan with us. When they get the email it will contain a unique link to our site. When they follow the link and apply for a loan this will be registered to you as the introducer. Provided your friend passes all of our pre-lending checks we deposit their loan and they repay it we will credit your account with the rate of commission applicable at the time you make the recommendation (currently £15).
You can then use this at any time to either pay off your loan capital or reduce your monthly repayment if you are extending your loan. If you do not have a loan at present we will keep the money on account for you. If you reach a credit of £100 on your account you can request that we make a bank payment to you*.
*we reserve the right to refuse an application for a bank payment and may decide, at our discretion, to keep the funds on account until you next borrow from us.
Your commission
We currently pay £15 in commission for each friend you recommend where we deposit their first loan and they repay it.
Joining the Recommend a Friend program
Currently 1 Month Loan is making this scheme available to any customer subject to our RAF terms and conditions.
I'm already a customer
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I'm a new customer
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