Chloe Brooke Loans | Reviews

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Chloe Brooke Loans

About Chloe Brooke Loans

Chloe Brooke Loans (logo branded with Finance) is a Leicester-based lender that has been active since 2016. This is the sole operation of Divine Securities Services Ltd. Whilst this service is targeted at low-income borrowers across Leicester and the Shires counties, anyone from across the UK may qualify. Brooke’s service is competitively priced and flexible, but this company doesn’t have great visibility online as evident from the site being Alexa unranked. There is also no active social media that would surely aid them. As it stands, they appear to be collecting much of their business across their local region where much of their focus has been directed since arriving around 5 years back.

There are 2 products pitched at Firstly there is a payday loan packaged as Purple One that runs from £200 up to £500. Interest is charged competitively here at 15% and so if £100 were available over 30 days this would equate as a £15 charge. Since the minimum borrowing sum is however £200 you’d need to access this and pay £30. We then move to instalments with the Aubergine loan. This varies from £200 to £1000 for first time borrowers and there will be a potential future limit of £2000. Terms change in monthly blocks up to 6 months max. There is only an example for this end term at £150 for £300.

Company Details

Address: 49a – 51 Church Gate, Leicester, LE1 3AL

Brand: Chloe Brooke Loans (aka: Chloe Brooke Finance, ChloeBrookeLoans)

Company: Divine Securities Services Ltd

Contact (📧):

Contact (☎): 0116 442 2765

FCA Licence: 674168

Launched: 2016

Niche: Payday, instalment

Opening Hours: Mon/Fri (8.30am-6.30pm), Sat (10am-4pm)

Related Brands: Non

Site Address:

Site Rank ( Global): Unranked

Product Specs

Amounts Available: £200 to £1000 (£2000 on reloans)

Late Payment Fee: £12

Manage: No, a Chloe Brooke Loans login is not provided

Pricing: £30 /£200 (1m) & £150 /£300 (6m)

Repayment Terms: 1 to 6 months (any month between)

Review Feedback

Feefo: Not listed

Reviews: Not listed

Trustpilot: Not listed

Rivals & Similar Lenders Like Chloe Brooke Loans

Brooke’s payday loan is the 3rd cheapest available for bad credit. As a reminder, this is the equivalent of £15 per £100 borrowed. Sunshine Credit leads the way at £12 whilst the Kabayan charge is £14. This would be the ideal selection to choose. Their 6 month 3 month charge at £150 is competitive, but it isn’t a top 5 sector deal. It’s tricky to diagnose rivals as there is lots of progress to be made here online. Developing their presence in Leicester (and the East Midlands as a whole) may itself prove tricky as this is an area where doorstep lenders are dominant noting the likes of LAH, Morses and Mutual. Everyday Loans are also well established locally.

Last Check @ June 24th, 2021

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