# General

Debit Card Loans and Speed e Loans Closed

There has been a series of payday lenders closing down their loan services in recent times that just shows that although the demand is greater than ever, the industry has become too competitive for many companies to survive in. The most recent witnessed closures has seen the fall of both Debit Card Loans and Speed e Loans. The Debit Card Loans brand that traded at www.debitcardloans.info looks to have surfaced in 2009, although they did reference that they had been lending since back in 1984. This Luton-based lender wasn't a recognisable industry name over the years. Should you visit their site just now it simply states that they no longer offer loans and that those with existing accounts can reach them on the contact number of 01582 496064.

Read more...

Cheapest Short Term Loans Online UK

This post follows on from looking into the cheapest payday loans. The focus today will be made on the cheapest short term loans online UK, that is based on our frequently updated posting for Short Term Loan Lenders. The top 3 short term loan lenders will be detailed here that currently deliver the lowest prices. This sector includes companies that provide flexibility in their service, for instance in allowing you to borrow cash for just a few days time. It was noted in the previous posting that QuickQuid were dominant in the payday lender category for some time. Wonga is the big name that has been dominant in this category for some time, although they have recently been took over by Reddies Direct and Sunny who are new for 2013.

Read more...

Cheapest Payday Loans Online UK

This posting will provide some insights into the cheapest payday loans online UK, based on the Top 10 Cheapest Payday Loans data that is being continually updated. The payday lenders that ranked in the top 3 will be the particular focus here. For a long time, QuickQuid was the top performer in the monthly payday loan sector. This was mostly aided by their interest tiers that are granted to those with good credit scores. This has always been aided by their promo codes that grant further savings. One of their main competitors (Payday UK) have tended to rank quite low down and in fact currently take the #10 spot. Quick Quid has recently lost their top spot to the highly impressive Vivus and RedWallet are their other close contender.

Read more...

Second Bankruptcy: Cash Lady Dumps Kerry Katona

PDB UK Ltd's Cash Lady brand has been in the news yet again. Kerry Katona has been made bankrupt for a second time in 5 years. This took place at Wigan County Court on the 2nd July 2013. Cash Lady of course made the news recently due to a ban being enforced on their TV ads. Changes were made and they were soon back in force and I even saw one of them just a few days ago. When their TV campaign was originally launched, they did attract lots of negative press for using Kerry Katona as the face of the brand. She had became bankrupt in 2008 after failing to pay a large tax bill and so wasn't the best candidate to promote a payday loan business.

Read more...

Guarantor Loans Online: Now the Cheapest Guarantor Lender

There has been an interesting development in the guarantor loans sector that will be detailed here. This change has been made from the Guarantor Loans Online lender who have now taken over Amigo Loans as the cheapest guarantor lender. As noted in the recent post that detailed the price increase at Wonga, only significant changes in costs are referenced here. Although Guarantor Loans Online isn't quite a household name alike Wonga, the low rate that they provide ranks them ahead of Amigo. Additionally, with guarantor loan costs tending to be the lowest available for bad credit loans, this may well qualify Guarantor Loans Online as the UK's cheapest bad credit loan lender. Their previous rate was 53.8% APR and they have now dropped this to 47.9% APR.

Read more...

Wonga Cost Increase to Match Peachy Loans

There has been a cost increase at Wonga that will be referenced here. Usually when any payday or short term lender makes a change to their pricing, their details will simply be updated without any further thought. A change at Wonga is worth addressing though since they are arguably the most popular lender on the web. It does look to me that they have adjusted the price to match that of Peachy Loans who are one of the emerging names in the industry. Since Wonga is a flexible lender, they have always been identified here by their 7 day charge. This was previously set per £100 at £12.78. When the Wonga Promo Code was applied to this, a reduction of £5.88 was taken (rather than the £5.50 fee).

Read more...

IDosh and The Lending Well Closed

A recent posting reported on the closure of both FLM Quick and PoundAccess. From running some further checks, it turns out that there has been a few other casualties. This time it is IDosh and The Lending Well that have closed that each launched recently in 2012. To start with IDosh, there is still some mystery surrounding their swift exit. This brand was presented well and they had picked up a fair amount of popularity. When checking their site a basic hosting page showed up. From checking their social pages there hadn't been any interactions since late 2012 that looks to have been the time that they became inactive. There is no official IDosh closed notice and so I will keep an eye out for any developments there.

Read more...

New QuickQuid FlexCredit Loans

There has been an interesting update from one of the UK's leading payday lenders. Although this lender has kept things simple over the years with their traditional monthly loans, a new option is in place that provides greater flexibility over the long term. The new QuickQuid FlexCredit loans come with the same speedy payments and the same limits of £1000 for new customers and £1500 for return customers. The difference is that terms are now provided that can be selected between 1 and 10 months. It was a surprise to see extended terms like this since they already provide 12 month loans through their Pounds to Pocket brand. Just to add that their traditional loan has received a small change (it can now be taken over 3 pay periods).

Read more...

FLM Quick and PoundAccess Closed

There are so many lenders operating today that it It can be difficult to keep track of the developments of each when they arise. This post will reference changes that have recently occurred with two such lenders that includes FLM Quick and PoundAccess. To start with the guarantor lender, the FLM Quick closed notice came as no surprise. They provided an excellent low rate over the month of just £9.56 per £100, but these loans required the backing of a guarantor that is an issue, since I assume that most borrowers wouldn't wish to bring families or friends into the equation when borrowing small amounts of cash. The FLM Quick "We've stopped lending" notice is by no means the end of the road for The Richmond Group.

Read more...

New Online Provident Loans

There has been an interesting update to the loans offered at Provident Personal Credit and so I thought that it would be a good idea to detail it here. Provident is the market leading doorstep lender that is also aided by their Greenwood brand that also competes for market share (they also run the Vanquis product within the credit card niche). With doorstep loans, their usual system in place is that one of their 11,000 agents will be designated to you and they will make frequent collections (usually each Friday). This product is still available as Provident Local, but a second product has now become available called Provident Online. For this product, no agent is involved with an automatic payment being taken from your bank each week.

Read more...

Next Page »