Mr Lender Loans | Reviews

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Mr Lender Loans

About Mr Lender Loans

Mr Lender’s founder (Adam Freeman) had a fortunate escape when deciding to pull out of 2008’s Apprentice show. Withdrawing at the last minute received media attention and Alan Sugar took a potshot that the entrepreneur had bottled it. Regardless, he’d soon launch his own payday loan venture that has generated more money than 99% of past Apprentice contestants. PDL Finance Ltd was incorporated on Halloween 2008 and the project roll-out followed in February 2009. A highlight year for the company was 2014 when they took £8.4 million profit before tax. Due to price capping and regulation changes, they are lucky to hit a few million these days, but regardless leaving the show was clearly the right choice.

Payday lending was central to this business in the early days, but there has been a complete turnaround today with instalments only being catered between 3 and 6 months. This has always been a well packaged service available 7 days a week, with no late fees and they have valued experience. High praise has been attracted on 2 external portals noting Reviews: 97% (nearly 23k) and Trustpilot: 96% (8k). They also have a loyal following on Facebook with 12,600+ fans. There is a promo code button on their site, but there have never been any live codes circulating. It’s worth adding that they were joint Alternative Lender of the Year winners at the Credit Awards 2020 (tied with Smart-Pig).

Company Details

Address: PO Box 366, Loughton, IG10 9EW

Brand: Mr Lender (aka: MrLender)

Company: PDL Finance Ltd

Contact (📧):

Contact (☎): 020 8532 1969

FCA Licence: 673310

Launched: 2009

Niche: Instalment

Opening Hours: Mon/Fri (8am-6.30pm), Sat/Sun (8am-3.30pm)

Related Brands: Non

Site Address:

Site Rank ( Global): #591,244

Product Specs

Amounts Available: £200 to £500 (£1000 on reloans)

Late Payment Fee: £0

Manage: Yes, a Mr Lender login is provided

Pricing: £142.40 /£300 (3m) & £252.00 /£300 (6m)

Repayment Terms: 3 to 6 months (any month between)

Review Feedback

Feefo: Not listed

Reviews: 97% (22,940+ count)

Trustpilot: 96% (8020+ count)

Rivals & Similar Lenders Like Mr Lender

We monitored their traffic stats across 2020 and they usually measured quite close to Satsuma Loans and Uncle Buck. Both of these businesses have now closed for good. Current data shows that Lending Stream stands on a similar level. At a time when many of the original lending brands have ceased it is refreshing to see these firms still hanging in there (Stream dates to 2008 and the year here is 2009). One of Mr Lender’s key features is in being open to all on Sundays. This is quite rare today, but you can find this also at Buffa who arrived in 2018. They offer the same 3m-6m term range and are from the same team as Smart-Pig who as noted above shared the recent award.

Last Check @ July 9th, 2021

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 1 reviews
by Dennis on Reviews

Excellent service in time of need. Very quick payout.