Street UK Loans | www.street-uk.com Reviews
About Street UK Loans
This experienced lender is structured as a Cic (Community Interest Company) and so as you can expect the pricing is highly competitive and qualification is open to those who would otherwise face the highest rates of interest. Street’s key problem comes down to localisation. You may only qualify here if you live within 10 miles of a branch. There are 6 of these including 2 in Birmingham with supporting bases in Coventry, Walsall, West Brom and Wolverhampton. It’s a shame that coverage only extends across the West Midlands region as they would surely be a serious competitor if they could serve the wider UK. For reference, applications can be taken online, but completion must follow in-branch.
Due to localisation, branch completion and term restrictions we have classified this firm as a doorstep lender, but there are no agent visits required. Repayments are collected by Direct Debit. They are able to collect weekly, fortnightly, monthly etc. The actual loan can be taken primarily over either 26 or 52 weeks (6 or 12 months). This is the case for the available amounts of £200, £400, £600, £800 and £1000. The largest selections of £1500 and £2000 are packaged for 12 and 18 months only (so 52 and 78 weeks). So alike doorstep lenders, term options are restricted, but there are at least sizeable amounts up for grabs for all customers (new and returning).
This firm delivers the cheapest sector rates. With no £100 or £300 sums available, we have displayed the £200 cost at £55.44 over half a year. For a full year £586.08 is priced at £1000. There is a 5% admin fee payable upfront that is included in the charges and will be taken away from the funds paid out. It isn’t clear why they exactly do this! Customers can manage their loan through www.street-uk.com. It’s always good to see providers collecting Feefo reviews where every transaction is verified. An excellent 89% share of the reviews were rated 5/5 stars. Other than being locally based, a minor requirement is in earning at least £100 a week (excluding any housing benefit).
Address: Neville House, 14 Waterloo Street, Birmingham, B2 5TX
Brand: Street UK (aka: StreetUK)
Company: Street (UK) Cic
Contact (📧): firstname.lastname@example.org
Contact (☎): 0330 024 9803
FCA Licence: 673046
Opening Hours: Mon/Fri (9am-5pm)
Related Brands: Non
Site Address: www.street-uk.com
Site Rank (Alexa.com Global): #8,523,612
Amounts Available: £200 to £1000 (all customers)
Late Payment Fee: £0
Manage: Yes, a Street UK login is provided
Pricing: £55.44 /£200 (26w) £586.08 /£1000 (52w)
Repayment Terms: 26 to 78 weeks (26, 52 & 78)
Feefo: 89.0% (rated 5/5) (exact 1030/1157)
Reviews: Not listed
Trustpilot: Not listed
Rivals & Similar Lenders Like Street UK
The West Midlands is one of the most competitive regions in the doorstep lender space. As well as the national firms, there are several companies that focus on this region with Mutual and Naylors Finance in particular being notable contenders. Mutual stands out from their own impressive value. Their daily interest at 26 weeks works out at 0.165% that came in 2nd place, whilst Street’s at 0.152% came 1st. Street’s popularity has been coming along well and they are part of the small cluster of brands that achieve an Alexa ranking. Skyline Direct has generally been on the same level of popularity over the past year or so, whilst Loans at Home has just sat ahead.
Last Check @ www.street-uk.com: June 20th, 2021
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