Instalment Loans

Fair Finance Loans | Reviews

Fair Finance Loans

About Fair Finance Loans

Fair Finance is an experienced social enterprise active since the year 2005. Today they have built up more than 30,000 customers. Their potential for growth has improved considerably since they expanded nationwide, although this has been restricted somewhat by their lack of promotion. They originally opened several branches across London where payouts needed to be completed in person. They have adapted to operate both fully online that means that everyone now has access to affordable credit. They have opted to maintain 3 of their offices (these are situated in Brixton, Dalston and East Ham). Fair’s product is highly flexible spanning from 6 to 18 months. Any month across this range can be selected.

The option is also there to repay weekly if you’d prefer, but this isn’t advisable as the prices jump up. In the pricing examples shown an admin fee is included, but this is taken from the money sent out. Customer loyalty is rewarded here with existing customers receiving a cheaper deal. Longer term borrowing is quite expensive compared to what’s out there. It’s advisable to opt for their instalments for their best value. At 6 months they charge £116 for £300 and then £92 when returning. Qualified funds are typically paid in 24 hours, but they do close at weekends. Eligibility is relaxed with coverage for people on benefits, with CCJs or defaults. They score 96% on Feefo.


Ferratum Money Loans | Reviews

Ferratum Money Loans

About Ferratum Money Loans

Ferratum’s global expansion has been impressive to witness with 23 markets now served and long term plans to hit 50 countries. This company was started in Helsinki, Finland, by Jorma Jokela in May 2005. They have generally spread out across Europe although they have started to expand further noting Brazil and Mexico. Collectively, the group serves 800,000+ active customers (+186k global Facebook fans). There has been a drop though since we can recall a 1.5m tally quoted some years back. The UK market has been served since 2010 when they started trading from Liverpool. Local progression has taken its time, but they are now considered as a top 10 brand in the payday and instalment sectors.

The early focus at was to cater flexible short terms spanning between 7 and 37 days. They would later switch to instalments across 2 products, but the larger option (called PlusLoan) was discontinued. They now cater 1 to 4 months on amounts ranging from £50 to £700 for newcomers and £1000 max when reloaning. They do for reference also push business loans on their site (£50,000 max on a 18 month term). This lender has historically been strict with bad credit, but this has eased a little. They have for instance lowered the minimum age from 23 down to 18. Support is available during working days only, but existing customers can request funds 7/7.


Uncle Buck Loans | Reviews

Uncle Buck Loans

About Uncle Buck Loans

Dartford-based Uncle Buck is one of the longest running subprime lenders in operation since 2004. This company started with ex-pawnbroker Steve Murray who managed to build up a large team of around 100 employees. We had a peek behind the curtain some years back when the ITV documentary “Cash in Hand! Payday Loans” followed the workings of Uncle Buck’s collections team. A rough video is on Dailymotion if you’d like to check it out. At that time they were paying out around 12,000 loans monthly. An interesting group acquisition of Ancora Capital Ltd brought in a trio of brands (RedWallet, VarioLoans and WagedayXpress), but for some reason they opted to sell this business off to brokers RevUP Media Llc.

Whilst historically operating as a payday lender, a complete switch over to instalments was taken on. 2 monthly instalment options of 4 and 6 months are available. An issue when opting for 6 months is that you need to borrow at least £425 to access this term. One standout feature with this lender is that they process applications 7/7 across extended hours of Mon/Fri (8am-9.30pm) and Sat/Sun (9am-6pm). Measuring brand popularity has always been tricky through the skewed search queries made for the John Candy movie of the same name. Actual traffic ranks have dipped recently considering they had at the beginning of the year been ranking at 38k. They have just over 3100 fans on Facebook.


Peachy Loans | Reviews

Peachy Loans

About Peachy Loans

Peachy’s first loan was issued in June 2011 (after being formed in 2010). Since arriving on the scene they have served over 2 million customers. Kristjan Novitski created this venture after moving on from TxtLoan (now MyJar) that he founded alongside others. This company had been the sole operation of Cash on Go until recently. Uploan was launched in 2019, but it didn’t appear that this project would ever see the light of the day (Uploan’s site had a coming soon notice back in 2014). Peachy’s service itself has took on a series changes over time. It has now morphed into one of the most flexible products around with any selectable month of 1 to 12.

Across this range all customers can select from £100 to £1000. Applications are processed through the vibrantly styled 7 days a week. This site usually floats just within the top 10 most visited of their catered sectors. Their profile has been boosted from strong search engine rankings and they have also advertised on TV. Social media has always worked well for them to build up customer loyalty. They have just under 30,000 fans on Facebook where they have lots of engagement on posts with various competitions often taking place. With pricing, you can receive a £5 promo discount (not available on the payday term). Do note that any CCJ on your record (6 years) will see a decline.


On Stride Financial Loans | Reviews

On Stride Financial Loans

About On Stride Financial Loans

On Stride Financial was launched in 2014 to fill the market demand of large personal loans for bad credit without a guarantor. There have been various product changes over the years. They historically offered £1k to £10k (1-5 yrs) and then £1k to £3k (1-2 yrs). A significant change occurred recently in early 2019 when the owner (Enova) opted to close down the Pounds to Pocket brand. As a result, they adapted their full monthly range of 6 to 12 months. As well as this you can pick 15, 18, 21, 24, 27, 30, 33 or 36 months. The complete loan range is £150 to £5000. As well as Stride’s service, Enova has continued to operate QuickQuid for payday.

The popularity of has been sporadic. There was a significant spike recently when P2P closed since they advise users to move across on that side. Their local Alexa rank had climbed to #24,029. They have now lost this and rank globally at around 500k. Advertising is generally low key here and unlike other Enova projects hasn’t benefited from TV ads. This service is equipped with variable rates across multiple tiers. The most expensive charges are key since these tie in with the representative examples that most people pay. The difference between £300 at 6 months is £45.24 (prime) vs £280.95 (subprime). Stride’s hours have recently extended to 7/7. Feedback has been mixed noting 96% (Reviews) vs 30% (Trustpilot).


The One Stop Money Shop Loans | Reviews

The One Stop Money Shop Loans

About The One Stop Money Shop Loans

The One Stop Money Shop has valued experience on their hands having been in operation since 2002. They had started out in life as a broker, but would eventually transform to lend directly. This Wakefield-based company was built up very slowly. The recent popularity surge of has been tricky to diagnose. The latest recorded local Alexa rank was around 15k. This places them at the top of the tree for 12 month loans. Whilst at 6 months they are currently only edged out by Sunny. It is confusing how they have managed to suddenly compete with the major brands when they aren’t running TV ads whilst we haven’t tracked online ads either.

It’s likely that many leads are sent from brokers and other lenders (when declined). The only data available does show that many referrals have been traced from This URL however actually redirects to that is a Flux Funding company (and so New Horizons may now be sending referrals). One Stop’s site shares no details regarding eligibility. On several comparison/review portals it however states that there is a required age range of 30 to 65 plus other restrictions. They do however target poor credit and will consider CCJs. They lend between £200 and £1000 across 6, 9 or 12 months with no late fees charged. Pricing is charged at £277.50 for £300 (6m) and £899.96 for £1000 (12m).


Mr Lender Loans | Reviews

Mr Lender Loans

About Mr Lender Loans

Mr Lender’s founder (Adam Freeman) had a lucky escape when deciding to pull out of 2008’s Apprentice show. Withdrawing at the last minute received media attention and Alan Sugar took a potshot that the entrepreneur had bottled it. Regardless, he would soon launch his own payday loan venture that has generated more money than 99% of past Apprentice contestants. PDL Finance Ltd was incorporated on Halloween 2008 and the project followed in February 2009. A highlight year for the company was 2014 when they took £8.4 million profit before tax. Due to price capping and regulation changes, they are lucky to hit a few million these days, but regardless… leaving the show was clearly the right choice.

Payday lending was central to this business in the early days, but there has been a complete turnaround today with instalments only being catered between 3 and 6 months. This has always been a well packaged service available 7 days a week, with no late fees and they have valued experience. High praise has been attracted on 2 external portals noting Reviews: 98% (22,670+) and Trustpilot: 95% (5670+). Based on those counts, they are obviously incentivising, but they do at least have a great loyal following as seen on their Facebook page with approx 13,000 likes. There is for reference a promo code button on their site, but there have never been any live codes circulating.


Swift Sterling Loans | Reviews

Swift Sterling Loans

About Swift Sterling Loans

Swift Sterling was brought to market in 2010 by the controversial Malta-based Northway Financial Ltd. This was Northway’s 2nd local project as they had got under way with Pounds Till Payday way back in 2006. PTP is no longer lending having recently been passed on for use by a broker (RU Media UK). There had been problems with the owner Stateside regarding licensing and this was also the case in the UK. This is likely why they had to sell the business. For some time, the sites were down, but it was later announced that MMP Financial would acquire in November 2015, with trading recommencing in December. MMP has done a good job since taking over.

Swift’s popularity isn’t however close to their peak years between 2012 and 2013. The product itself hasn’t changed considerably over the years. There was originally a monthly-only term, but you can now pick between 1 and 5 months. The opening hours have tended to change every so often. It is impressive to see such late closings on Saturdays (11.30pm) and Sundays (10.30pm). It is surprising that this firm has so little feedback on the major review portals. On both and Trustpilot they had less than 10 reviews posted on each. More would be expected from a lender that was historically one of the top lenders outside the top 5.


Smart-Pig Loans | Reviews

Smart-Pig Loans

About Smart-Pig Loans

Smart-Pig was launched in early 2012 by Shreiff Benaziza and Tom Parks. This start-up was undertaken when each studied at university. It was a frustrating experience with a payday lender that would lead to the creation of their very own product. They opted to deliver this to students-only who must receive an income from NHS Bursary, SAAS or Student Finance. Going micro targeted like this would be seen as risky, yet the concept has worked very well for them with more than 50,000 students currently using the service. It is clear that they have managed to attract a very loyal fan base. This is evident from viewing Smart’s Facebook page that has attracted 31,000+ likes.

An impressive repayment range is set between 1 and 180 days. However, this term is based on your next student payment. The biggest feature of note is Smart’s own interest cap at 50% of the amount borrowed. This means that if you were to borrow £300 then the most that you’d pay is £150 that would be met on the 63rd day. Obviously, if your next payment is some time away then it is worth adding the extra time for free interest. The opportunity to settle early is always there. There are no late fees charged and they operate 7 days a week. Perhaps one gripe would be that they only lend out £350 max.


PiggyBank Loans | Reviews

PiggyBank Loans

About PiggyBank Loans

PiggyBank was launched in early 2012 by DJS (UK) Ltd. At launch, they rolled out a peer-to-peer payday loan that would compete against The Lending Well who tried out the same concept. P2P however turned out to be a bad idea in this sector and The Lending Well soon closed. This featured lender simply adapted to lend out of their own pockets. Piggy’s progress has continuously risen over the years. Whilst many firms have lost ground and struggled, this company always manages to attain top 5 Alexa ranks. On our most recent search they even sneaked 2nd place for payday loans, only trailing QuickQuid. Just how has DJS managed to compete so impressively?

This is difficult to determine, but we do tend to see frequent ad campaigns running in Google that will be sending plenty of visitors their way. Whilst they are attracting many visits, it is equally important to see high praise from their customer base. Evidence of this can be seen on Feefo where they rate at 94% and that’s from 500 reviews across the period of a year. Feefo’s always a good platform to pay attention to this since they validate sales to evade the fake reviews that pollute other platforms. PiggyBank’s product is packaged well for flexibility. Short term repay options of 7 to 35 days plus instalment choices across 2 to 5 months are available.


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