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LoanPig Loans | www.loanpig.co.uk Reviews

LoanPig Loans

About LoanPig Loans

LoanPig is the core brand of The Money Hive that was released in summer 2016 with the owner arriving shortly before in late 2015. TMH primarily operates as a loan broker, but they have recently become approved to lend themselves. It appears though that lending has been set aside for the future. They are currently brokering through 3 projects including the flagship www.loanpig.co.uk and then there’s BingoLoans and Simple Personal Loans. These other 2 brands are yet to take on any traction, but they don’t receive the same attention as LoanPig that is advertised prominently through online search. This has resulted in high volume traffic and a competitive Alexa rank just above 70k.

LoanPig’s product is packaged with a wide range of repayment options spanning 1 to 12 months. The amounts available at application are £50 to £1500 and the displayed APR example is 1261% that is based on a 3 month example of £157.95 for £300 borrowed. Whilst it is briefly noted that they are qualified to lend, most of their copy specifies that you’ll be passed on to a third party. They headline being partnered with the UK’s largest panel of lenders, although no names or associated networks are named. It does seem obvious that they are referring as they don’t share opening hours and have no reviews on the main review portals.

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

Niche: Loan broker for payday, instalment, personal

Opening Hours: Not disclosed

Related Brands: BingoLoans, Simple Personal Loans

Site Address: www.loanpig.co.uk

Site Rank (Alexa UK): #71,022

Product Specs

Amounts Available: £50 to £1500

Late Payment Fee: Set by lender

Login Provided: No

Pricing: Set by lender. Variable. Representative 1261% APR

Repayment Terms: 1 to 12 months

Review Feedback

Feefo: Not listed

Reviews: Not listed

Trustpilot: Not listed

Rivals & Similar Brokers Like LoanPig

Within the group, BingoLoans has matched product specs. Bingo had launched towards the end of 2016, but it hasn’t benefited from the same level of promotion. Simple Personal Loans is receiving the least amount of traffic of the trio, but on that side you receive a varied product that targets 12 to 60 months and larger £1000 to £10,000 sums. It has been the owner’s focus to date to invest fully in the caped flying pig. This investment has helped LoanPig’s traffic rank to typically float between 65k and 75k that places them within the top 10 of loan brokers. Both CashPanda and CashLady have been their closest matched competitors in recent months.

Last Check @ www.loanpig.co.uk: July 13th, 2019

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