We use cookies so you have the best possible experience on our website. If you would like to know more, please read our Cookie Policy.

Close

Satisfactory2.5(4 ratings)

Read all reviews
Reviewed by: marob

I borrowed 1250 from this company 5 weeks ago. After my first payment of 106 by direct debit, I realised how...

Read more

Does Everydayloans provide your loan?

Tell us what you think of them because it will help others.

Compare Everyday Loans

This comparison includes loans for this company.

sorted by:

Most popular

  • Most popular
  • Lowest representative APR
Everydayloans Personal Loan
Loan amount
£1,000 to £15,000
Representative APR
79.4% APR variable (£1,000 to £15,000)
Loan term
2 years to 5 years
Representative Example: The Representative APR is 79.4% APR (variable) so if you borrow £3,000 over 2 years at a rate of 59.9% p.a (variable) you will repay £217.24 per month & £5,213.68 in total.

Everydayloans loan reviews

sorted by:

Most helpful

  • Most helpful
  • Latest
  • Highest rating
  • Lowest rating

Does Everydayloans provide your loan?

Tell us what you think of them because it will help others.

19/11/15

A terrible company. Avoid.

I borrowed 1250 from this company 5 weeks ago. After my first payment of 106 by direct debit, I realised how much I was going to be ripped off by them and I would ultimately be paying back double the initial amount loaned. So I asked them for a settlement fee.

After my 5 weeks, they demanded 1409 from me as a settlement fee. When you add the 106 already paid to them that totals 1515 and sees them making a profit of 265 on a 1250 loan for a period 5 weeks. Is that reasonable? Of course, it isn't. They are driving people who are struggling with their finances deeper into debt. They are a disgrace and in my view, they are not to be trusted.

I am not sure who, in their right mind, could be happy to be exploited financially in this way. Obviously, the company and their staff are friendly and accommodating when they are setting up your loan. But don't be fooled by that - the smiling facade comes at a high price which you will deeply regret later. As with me, it will put you deeper in debt whilst they are laughing all the way to the bank.

An unscrupulous company who will put you deeper into debt.

1
Poor
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

27/01/14

Recommended

Everyday Loans - Unsecured Lenders

I used this company for a loan of about 3,000 and I thought they were awesome. They don't even do payday loans but still sorted me out in 2 days! It's a shame they didn't reduce the rate for the first reviewer, but if you didn't have that statement about reducing rates in writing then you shouldn't really have relied on it. Buyers beware.

Nice staff, flexible offer

High APR

5
Excellent
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

16/08/15

Recommended

Very prompt to lend

I would say beware as like all types of borrowing it is a constant commitment. You also end up paying twice what you borrowed which can put a further strain on your finances.

Speaking completely from experience they have been very quick to tend to my borrowing needs however I still feel they could reduce the interest rate after 12 months when they see how people perform with repayments.

quick to lend

dont reduce interest rate for reliable and prompt repayment

3
Satisfactory
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

24/08/13

Everyday loans bad advice

I had a loan with everyday loans as I had a bad credit rating at the time and could not get a loan with anybody else.

They said the interest rate was high to begin with and it would be reviewed after six months and the rate would go down if my credit rating had improved.

It has not and I will end up if the plan goes to full term paying 6000 for a 2000 loan.

A complete con for people who are desperate for a loan

1
Poor
  • Customer service

  • Value for money

  • Flexibility & fairness

  • Product features

Does Everydayloans provide your loan?

Tell us what you think of them because it will help others.