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

THL Direct 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*

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

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: 

6752234

Company Name:

THL Direct is a trading style of Total Home Loans Direct Ltd

Date firm started up business:

18 November 2008

Type of Business: 

66190 – Activities auxiliary to financial intermediation not elsewhere classified.

THL Direct offers the following:

£125 for first-time customers

£550 for returning customers

 

 

Loan term length:

1 month to 3 months

Related brands:

Response Loans

Head Office Address: 55 Cobham Road Ferndown Industrial Estate Wimborne, United Kingdom BH217RB

FCA Status: Authorised

Total Home Loans Direct Limited is regulated and authorised by the Financial Conduct Authority (FCA)

Payout Time:

You will receive your loan the same day that your application form is accepted.

THL Direct Review

THL Direct offer a different and more personal approach to lending. They seek to contact you personally getting to know you better than other loan companies which enables them to offer you are more tailored loan based on your personal financial circumstances.

The company was set up in November of 2008 and has no been helping families with loans for over 10 years. They are able to offer lower interest rates than local banks and other companies by cutting out the middle man.

New customers can apply for amounts up to £125 for their very first loan application and returning loyal customers can apply for up to £500. The loans are short term loans and can be borrowed for up to a maximum of 3 months.

THL Directs website is very easy to navigate and has everything you need to know stated clearly within the FAQs section.

How the company works:

If you wish to go ahead and apply for a loan with THL Direct then you can do so by applying directly from their website.

They will ask you a few short questions about your personal information, employment and also your financial information. The application form shouldn’t take any more than 10 minutes to complete. It is worth having all of your information to hand before you start which will make the process smoother and quicker.

Once you have applied online a specialist from THL Direct will contact you to discuss your application and to get to know you a little better. If you need to provide them with any additional documentation then they will explain how to do this. Normally all of your details and identity can be confirmed online using advanced innovative technology.

You will then find out whether or not you have been accepted. If you are accepted then THL Direct will transfer the money the very same day directly into your bank account.

 

Repayment method:

Repayment method with THL Direct is flexible and customers are able to choose between monthly or weekly to suit your pay structure. Payments will be collected automatically from the debit card you used during the application process using a method called CPA (Continous Payment Authority).

CPA is similar to direct debit, the money will be taken automatically either monthly or weekly depending on what you choose.

Do I need a bank account?

All applicants will need a UK bank account. The account must be a current account which has an active debit card attached to it. Accounts must also be solely in the applicants’ name and not joint accounts.

 

 

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

Age

The minimum age to be able to apply for a loan with THL Direct is 18 years of age.

 

Address information

During the application process the customer will be required to provide 3 years worth of address history.

This must all be within the UK and the applicant must also have UK residency.

 

ID and Income

Identification will normally be confirmed online using the bank details which you provide. If you are required to send any additional identification then THL Direct will inform you of this.

Applicants will need to be in employment but THL Direct doesn’t state whether this needs to be full time or whether this can also be part-time employment.

As part of the application process they will ask you to fill out an expenditure form detailing your monthly income and outgoings. On the outgoings section, you will need to detail what bills you pay monthly. Remember to include things such as rent or mortgage payments, car payments, any credit cards you may have or current loans, child care fees, utility bills and grocery bills.

All applicants will need a UK bank account. The account must be a current account which has an active debit card attached to it. Accounts must also be solely in the applicants’ name and not joint accounts.

Penalties

THL Direct does not charge any missed payment fees if you cannot make your repayments but they will inform the credit reference agencies which could default your account and may prevent you from applying for any more credit in the future.

If you feel that you may miss your repayments the best thing to do is to contact them as soon as possible. There are a number of options available and they may be able to put something in place temporarily until you can get yourself back on track again.

Ignoring the situation and not contacting them could only make things worse and may end up costing you more money.

 

Reviews

Loanski wasn’t able to find any reviews on Trustpilot for THL Direct but we could locate them on Feefo.

Their review score was fantastic with a 4.9 rating out of 5! All of their reviews had been rated as either  4 or 5 stars!

Many of THL Direct’s customers were frequent returning customers who had been very happy with their service. The reviews state that the service they received was very fast and efficient. They always receive the money on time and had no issues regarding the company at all.

They also stated that THL Direct’s customer service team were fantastic and were always on hand whenever they needed them to help with any issues.

THL Direct has also taken the time to personally respond to some of the reviews which just shows how much they care about their level of customer service.

 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.