Update (Feb 2020):
Comparison listings are currently being updated.
New Horizons Loans | www.newhorizons.co.uk Reviews
About New Horizons Loans
Flux Funding Ltd is a broker made up of 3 founders. Each run their own projects that act as appointed introducers. James Clayton is the man behind New Horizons that is the most popular release of the bunch (the others are Upwards and Xav). The launch of www.newhorizons.co.uk went ahead in 2017. The domain itself is aged, having previously being used by an advertising agency. Before setting up Flux Funding they had brokered to the Quint Group. Within the space of a few years this has become one of the busiest lead generation sites on the block. This is clear to see from the fact that they’re achieving a competitive local Alexa rank just above 30k.
When searching for a range of loan related terms in Google search it is likely that you’ll see this site pop up in the ad listings. It’s understandable that they are making this valuable traffic source work very well since their site is professionally designed and optimised to maximise lead conversions. A “For a Brighter Tomorrow” slogan welcomes viewers who’ll quickly spot the headline of “£50 to £5000 paid out by X” with X being timed around 15 to 20 minutes ahead. Fast 3 to 36 month online loans are packaged here. Similar to other broker sites we’ve studied the same representative APR of 49.9% is promoted. This rate would be typically expected from a guarantor lender.
The full quoted APR variable range runs from 9.3% to 1294%. It is stated that more than 50 loan companies are fetched on quotes. Monevo is primarily listed here who themselves fetch around 30 (this is a company of Quint). They do however list other networks on their privacy page and they even note TFLI who we’d consider as being a key competitor of theirs through the popular Light Finance brand. This firm doesn’t have any feedback on either Reviews.co.uk or Trustpilot, but they have however signed up with Feefo. They score here at 92% with 150+ reviews over the past year (they actually joined within a year and so this is all-time feedback).
Address: Building 3, 566 Chiswick High Street, Chiswick Park, London, W4 5YA
Brand: New Horizons (aka: NewHorizons)
Company: New Horizons Finance Ltd
Contact (📧): firstname.lastname@example.org
Contact (☎): 0800 030 6688
FCA Licence: 834535 & 806333 (Flux)
Niche: Loan broker for instalment, personal
Opening Hours: Not disclosed
Related Brands: Upwards, Xav
Site Address: www.newhorizons.co.uk
Site Rank (Alexa UK): #31,426
Amounts Available: £50 to £5000
Late Payment Fee: Set by lender
Login Provided: No
Pricing: Set by lender. Variable. Representative 49.9% APR
Repayment Terms: 3 to 36 months
Feefo: 92% (150+ count in 12m)
Reviews: Not listed
Trustpilot: Not listed
Rivals & Similar Brokers Like New Horizons
Digitonomy’s Little Loans project is the key competitor and they are matched in many areas such as the same targeted term range of 3 to 36 months, Feefo portal collection and they showcase the same interest rate. Little is however currently benefiting from more visits (they rank around 20k rather than 30k here). As was noted above, they do reference working with Light Finance in their privacy. They themselves are one of the top loan matching sites in 2019 and so they are in essence a further rival. It will be important for them to of course maintain their big ad spends. Otherwise, they’ll lose the visibility that is missing from the other Flux Funding sites.
Last Check @ www.newhorizons.co.uk: July 5th, 2019
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