Street (UK) Cic was formed back in 1999. Cic refers to their business structure as a community interest company. The initial project unleashed was Street UK that was in September 2000. They went on to build out 5 branches across the West Midlands. 2 of which are located in Birmingham and then there is a single branch in Walsall, West Bromwich and Wolverhampton. Whilst becoming quite popular, coverage has been restricted to within 15 miles of a branch. Track Loans arrived recently in 2017 and enjoyed swift early growth. Whilst they too had started localised, they have now become nationwide that is great news for those seeking a low rate loan with bad credit.
Brand: Track Loans (aka: TrackLoans).
Company: Street (UK) Cic.
Opening Hours: Monday to Friday (9.30am-5pm).
Other Projects: Street UK.
WageDayAdvance is one of the UK’s longest running online lenders active since 2004. The business was formed by former pawnbroker Dale Chapman who successfully ran the company over the course of a decade. WDA helped to put Skipton on the map, but they have now passed on to American hands with Curo Financial Technologies taking control in early 2013. They had previously operated as Speedy Group Holdings Corp who most people will be familiar with through their Speedy Cash outlets that existed for a few years on the high street before being pulled. They now have around 300 locations across Canada and United States. Locally, Juo Loans was recently launched as a supporting brand (guarantor/personal).
Brand: WageDayAdvance (aka: Wage Day Advance, WDA).
Company: Curo Transatlantic Ltd (subsidiary of Curo Financial Technologies Corp).
Founder: Dale Chapman.
Offers: Instalment, payday.
Opening Hours: Monday to Friday (8am-8pm), Saturday (9am-5pm), Sunday (10am-4pm).
Other Projects: Juo Loans.
The market leader has enjoyed a remarkable decade in operation. Their initial approach was to sidestep the big payday firms at the time (PaydayUK & QuickQuid) to deliver a more flexible alternative. This early innovation helped spur on growth and they would soon take advantage by taking promotion to the next level, as seen from their past triple kit sponsorship of Blackpool, Hearts and Newcastle. The past few years have however been very troubling through capping, fines and write-offs. It seemed like they really hit a brick wall when they reported a loss after tax of £76.5 million across 2015. Despite this, they have managed to steer the ship back into the right direction, maintaining their #1 status.
Company: WDFC UK Ltd (subsidiary of Wonga Group Ltd).
Founder: Errol Damelin.
Offers: Instalment, payday, short term (flexible).
Opening Hours: Monday to Saturday (7am-8pm), Sunday (8am-5pm).
Other Projects: Non.