Mr Lender Loans | Reviews

Mr Lender Loans

About Mr Lender Loans

Mr Lender’s founder (Adam Freeman) had a lucky 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 would 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 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: 98% (22,670+) and Trustpilot: 95% (5670+). Based on those counts, they are obviously incentivising, but they do at least have a great loyal following as seen on their Facebook page with approx 13,000 likes. There is for reference a promo code button on their site, but there have never been any live codes circulating.

Company Details

Address: Suite 105W, Sterling House, Langston Road, Loughton, IG10 3TS

Brand: Mr Lender (aka: MrLender)

Company: PDL Finance Ltd

Contact (📧):

Contact (☎): 0208 532 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 (Alexa UK): #45,081

Product Specs

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

Late Payment Fee: £0

Login Provided: Yes

Pricing: £144.80 /£300 (3m) & £254.40 /£300 (6m)

Repayment Terms: 3 to 6 months

Review Feedback

Feefo: Not listed

Reviews: 98% (22,670+ count)

Trustpilot: 95% (5670+ count)

Rivals & Similar Lenders Like Mr Lender

The most similar matched competitor based on traffic stats is Peachy. They are also open 7 days a week and are well known for quick payouts. With pricing, Peachy is a little cheaper and their term range is more impressive ranging between 1 and 12 months, but they have much less review feedback. The instalment loan companies MyJar and Uncle Buck sit just ahead on traffic ranks. Of these, MyJar’s product is more impressive on the whole. Currently, Ferratum and Swift Sterling are each being outperformed for site visits. Lending Stream has the same 98% rating as well as 20,000+ feedback. We’d however take incentivised high volume feedback with a pinch of salt when a company is rating almost perfectly.

Last Check @ June 15th, 2019

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