BingoLoans | www.bingoloans.co.uk Reviews

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BingoLoans

About BingoLoans

BingoLoans (or Bingo Loans) is one of a trio of emerging lending brands from The Money Hive. This Manchester-based financial group was formed in late 2015 and they initially operated as a broker across multiple sites. More recently they have however turned their hand to lend out of their own pockets and their projects all have good visibility. Bingo sits slightly ahead as the top performer over LoanPig whilst PM is a little further back. We had also been aware of Simple Personal Loans for some time. They stick entirely with brokering. Bingo’s site (www.bingoloans.co.uk) was initially registered in late 2016. They were live as a broker in 2018 and finally turned to also lend in 2019.

TMH’s projects share matched loan features. To uncover the specs, Bingo’s sum range varies from £50 to £1500. A wide range of terms can be selected between 2 months and 12. For pricing for £300 over 3 months you’d pay £156.52. Doubled to 6 months is £300. If you opted for a full year with £1000 then there would be an equal £1000 charge. Opting for shorter terms would be advisable for improved value. Bingo’s login is external and they share no contact times and they strangely have no direct phone number. They do boast high acceptance rates, but they’ll be intent on collecting leads since they do also match with other lenders if they can’t help you.

Company Details

Address: 657 Liverpool Road, Manchester, M44 5XD

Brand: BingoLoans (aka: Bingo Loans)

Company: The Money Hive Ltd

Contact (📧): info@bingoloans.co.uk

Contact (☎): No phone number

FCA Licence: 736632

Launched: 2018 (brokering) | 2019 (lending)

Niche: Instalment, personal

Opening Hours: Not disclosed

Related Brands: LoanPig, PM Loans, Simple Personal Loans

Site Address: www.bingoloans.co.uk

Site Rank (Alexa.com Global): #3,047,013

Product Specs

Amounts Available: £50 to £1500

Late Payment Fee: £15

Login Provided: External via www.themoneyhive.co.uk

Pricing: £156.52 /£300 (3m) & £300 /£300 (6m)

Repayment Terms: 2 to 12 months (any month between)

Review Feedback

Feefo: Not listed

Reviews: Not listed

Trustpilot: Not listed

Rivals & Similar Lenders Like BingoLoans

There may be various choices from the owner, but there would be no difference if you applied at a different one. All of which share the same wide 2 to 12 month span range. Kabayan Finance is a good alternative on the flexibility side as you can pick between 1 and 12 over there, whilst the Quick Loan Shop offer a month and then any choice between 3 and 12. Each of these offer considerably better value. This is evident at 6m where their costs range between approx £140 and £147. These prices are almost twice as cheap as the listed £300 price here. Bingo’s popularity has been rising. Fair Finance and Mr Lender have been most closely matched for performance across 2021.

Last Check @ www.bingoloans.co.uk: April 28th, 2021

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