LoanPig Loans | www.loanpig.co.uk Reviews

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LoanPig Loans

About LoanPig Loans

We initially profiled LoanPig as a broker, but the owner later transitioned to lend as well. The Money Hive launched this project in summer 2016 with the noted change appearing to have taken place across 2017. This is Hive’s flagship brand and it got off to an excellent start soon attaining a high Alexa ranking. This rank has dropped off over time, but they still compare well across the various instalment lenders just outside the top 10. It’s worth adding that the owner does have other sites also progressing well and so the opportunity is there to scoop up market share. Now is the ideal time for this with such high profile recent closures as MyJar, Peachy, Sunny etc.

LoanPig’s product is packaged with a wide range of repayment options spanning 2 to 12 months. The amounts available at application are £50 to £1500 and if you were to apply for £300 over 6 months then you’d pay an equal £300. The site is mostly designed to collect leads with there being no LoanPig login facility at www.loanpig.co.uk. You can however manage your loan externally. They also don’t share their operational days/times and so it’s unclear how quickly their payouts are should you be successful here. The early LoanPig reviews on Trustpilot have been very mixed. The main complaints raised relate to declined applications whereby third party fee charging services were then fetched.

Company Details

Address: 657 Liverpool Road, Manchester, M44 5XD

Brand: LoanPig (aka: Loan Pig)

Company: The Money Hive Ltd

Contact (📧): info@loanpig.co.uk

Contact (☎): No phone number

FCA Licence: 736632

Launched: 2016 (brokering) | 2017 (lending)

Niche: Instalment, personal

Opening Hours: Not disclosed

Related Brands: BingoLoans, PM Loans, Simple Personal Loans

Site Address: www.loanpig.co.uk

Site Rank (Alexa UK): #3,372,728

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)

Review Feedback

Feefo: Not listed

Reviews: Not listed

Trustpilot: 54% (20+ count)

Rivals & Similar Lenders Like LoanPig

You can expect a matched product whether you apply here or at Hive’s other sites. It is the flexible terms in place that help this company to stand out. Repayment flexibility is of course readily available elsewhere noting the likes of Kabayan Finance, Quick Loan Shop etc. Kabayan in particular stands out through their impressive value that just hits the top 5 for best prices in both the competitive 3 and 6 month sectors. You will need to aged at least 21 to qualify. When running recent traffic rank analysis it was Mr Lender that was most closely matched for performance. This is noteworthy as they have been operating since back in 2009.

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

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