Light Finance Loans | Reviews

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Light Finance Loans

About Light Finance Loans

Pitched as “An Easier Way to Get a Loan”, Light Finance is the flagship brand of TFLI Ltd who operate many projects across varied financial markets. Outside of loan matching they have a key focus on consumer debt with Wise Old Joe in particular being a popular project. Macclesfield-based TFLI was established in 2013 matching the year of North West rival Digitonomy. Light’s performance far outshines the other group sites. With great visibility in search ads, it is clear that much of TFLI’s ad budget is directed at that has grew rapidly since its recent 2018 launch. Their local Alexa rank is currently floating around 40k that qualifies them as a top 5 loan broker in 2019.

On Light’s eye catching site you can apply for between £100 and £10,000 across terms of 3 to 60 months. There is a claimed 90% success rate on matching. What’s strange is the figures that they throw up of how many quotes they have taken on any given today. On different days this has varied approx from 7400 to 26,000. This upper figure does seem inflated when you consider that an established competitor like CashLady processes 30,000+ monthly. As is common elsewhere, a representative APR of 49.9% is headlined with a full variable range of 9.9% to 1698.1%. A nice touch is that they do share lender information in their privacy section. There are around 25 listed firms here.

Company Details

Address: Adelphi Mill, Grimshaw Lane, Bollington, SK10 5JB

Brand: Light Finance (aka: LightFinance)

Company: TFLI Ltd

Contact (📧):

Contact (☎): 0162 532 2274

FCA Licence: 723630

Launched: 2018

Niche: Loan broker for instalment, personal

Opening Hours: Mon/Fri (8am-6pm)

Related Brands: Best Loans, Cheap Loans, LoansYouLike, Low Loans, Lunar Loans, Platinum Cash

Site Address:

Site Rank (Alexa UK): #42,470

Product Specs

Amounts Available: £100 to £10,000

Late Payment Fee: Set by lender

Login Provided: No

Pricing: Set by lender. Variable. Representative 49.9% APR

Repayment Terms: 3 to 60 months

Review Feedback

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Reviews: Not listed

Trustpilot: Not listed

Rivals & Similar Brokers Like Light Finance

TFLI is a busy loan matching group with many trading names active. Outside of their central focus, was 2nd best ranked although this wasn’t locally ranked (global: 3.7m). The specs on that side are matched. This highlights the importance of ad spends for this central site that has pushed it to around 40k (Alexa). With competitors, Swift Money has a similar ranking although they target short term payday leads. Little Loans and New Horizons were each ranking ahead and they are in contrast targeting very similar terms. Little would stand out here as they are part of Digitonomy who as was noted above are also North West based and each owner shares the 2013 founding year.

Last Check @ July 5th, 2019

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