Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

Everyday Loans Alternative

Loans from £100 to £10,000

  • 3 months to 5 years
  • 100% online application
  • All credit scores welcome to apply
  • Paid in as fast as 10 minutes^

 

Secure SSL connection

Your application is sent over a secure encrypted network

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Choose Loan Amount

Credit score not affected*

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Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

Choose Loan Amount

Credit score not affected*

Loading

Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Loans from £100 to £10,000

  • 3 months to 5 years
  • 100% online application
  • All credit scores welcome to apply
  • Paid out in as fast as 10 minutes^

 

Secure SSL connection

Your application is sent over a secure encrypted network

REPRESENTATIVE 97% APR

Loanski offers competitive interest rates compared to some lenders across the market.

Installment Options

Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

Fast Payouts

You can expect fast payouts sometimes within 10 minutes^

Company Number: 

5850869

Company Name:

 Everyday Lending Limited

Date firm started up business:

7th of May 2013

Loan value range:

1000 pounds to 15,000 pounds

Loan term length:

18 months to 5 years

 

Related brands:

Selfie Loans

George Banco

Trustwo

Head Office Address:
Secure Trust House,
Boston Drive,
Bourne End,
Buckinghamshire,
SL8 5YS

FCA Status: Authorised

Payout Time:

Provided that Everyday Loans have all the relevant information from your meeting, you should be issued with a cheque on the day of your appointment.

Everyday Loans Review

 

Everyday Loans are an independent loan company which are based within the United Kingdom. They have been offering loans to customers since 2006 and manage each application uniquely, assessing everyone by their personal needs.

Their loans are more longterm loans, which would not be suitable if you are looking for a quick payday fix. Everyday Loans are more for larger things such as a wedding, new car or even home improvements.

Over the past three years, the company has grown massively, going from just 260 employees to over 600. They have also expanded their branches from 36 locations in the UK to over 70!

What we think is nice about this loan company is that they are face to face, which means you receive a more personal experience than just applying online.

It also gives you the chance to discuss your needs more when taking your loan to ensure that you have the correct amount.

 

How the company works:

You can apply for a loan with Everyday Loans, either online or by telephone and will receive a decision about your application within minutes.

Once you have received your decision, you will then need to go into one of the local branches with all of the relevant paperwork.

Here you will discuss your reasons for needing the loan and all of your paperwork will be checked.

If Everyday Loans has everything that they need then you will be issued with a cheque or bank deposit the same day.

 

Repayment method:

Repayment of you Everyday Loan will be made each month by direct debit.

Do I need a bank account?

You will need a bank account to deposit your check into and to also set up a repayment plan for your loan.

 

To be eligible to apply for a loan you must fit the following criteria:

Be at least 18 years of age

Have an active bank account in the UK

Be a resident of the United Kingdom

 

Address information

You will need to provide your previous address information for the previous 3 years during your application.

When you attend your appointment, you will also need to provide proof of your current address. The following forms of identification will be accepted:

 

  • A recent utility bill
  • A bank statement
  • A car tax renewal letter from the DVLA
  • A Television licence renewal letter

 

ID and Income

Identification and proof of your income, as well as outgoings, will also be required when you visit the branch. These can be any of the items below:

  • Most recent payslip (within 60 days)
  • 2 months’ bank accounts
  • Accountant’s reference
  • Self Assessment Return
  • Previous year’s audited accounts
  • SE60 slips – last 4 weeks

As Everyday Loans is a responsible lender, it is essential that you provide this information. Especially your outgoings, so that they can be sure that you are able to afford the loan and won’t get into any debt trouble.

 

Penalties

There are no extra fees charged with Everyday Loans. If you do however experience some financial difficulty, then contact them as soon as possible and they will be willing to help you out in any way they can.

Reviews

Everyday Loans have a good rating on Trust Pilot. Their rating is 4 stars over 5 which is pretty good, however, they do have 16% of their reviews rated as bad which is a lot higher compared to other companies.

Most of the bad reviews are complaining about the high-interest rates set by Everyday Loans and claim that these rates made their situation worse.

Everyday Loans is regulated by the FCA and any interest rates they set are fully monitored.  It is down to the customer to ensure the read and ensure that they fully understand this before they take out the loan.

On each of the bad reviews that have taken the time to respond to the customers, an offer a solution to their situation which shows good customer service.

The majority of their clients seem very happy with the service they have received and said that the customer support they received was excellent.

The payments were either given to them by cheque or in the bank less than 24 hours after the meeting and they were very happy with the outcome.

In the Press

This month Everyday Loans announced that as part of world mental health day they would launch something called healthy minds.

Healthy minds aim to tackle and educate about mental health in the workplace.  With the healthy minds program, they hope to encourage their 620 employes to be able to speak freely in the workplace about and difficulties they may be having.

They have created a 25-page guide that will give advice to all of their employees on how to handle stress and how to avoid triggers that could make stress worse.

The guide also gives advice and guidance about visiting and talking the GP when it may be necessary to get help before any issues could develop into a worse situation.

The reason Everyday Loans are doing this is that a new study was recently released stating that out of 44,000 employees a massive 48% suffered from mental health issues.

61% of the people who took the survey stated that it was too daunting to discuss any issues with their manager and felt that they needed to keep everything inside.

Employees suffering from mental health not only suffer with themselves but also affect their financial status too. Everyday loans are really hoping to help people within their workplace.

 Fast Decision Online Loans

^Subject to lenders requirements and approval, also the time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

*Soft credit checks are visible on your credit report to yourself under search history but do not show to other companies you may apply for future credit with and do not affect your credit score.

*UKCreditRatings offer a 14-day trial to their credit report service. If you choose not to cancel within the trial period, you will incur the monthly subscription of £19.95 until you cancel the account.

As a credit broker, we will receive a fee or commission when a loan application is accepted.

Loanski.co.uk is a trading style of ZR FINANCE LTD and is a free to use credit broking website. ZR FINANCE LTD is authorised and regulated by the Financial Conduct Authority as a credit broker not a lender, firm reference number 834092 and is registered with the Information Commissioner’s Office number ZA319345. ZR FINANCE LTD is registered at 15 Conway Crescent, Macclesfield, SK10 2RU. Company Number 11213186.