Mr Lender Reviews, Loan Calculator and Complaints

(40 customer reviews)

Average Customer Rating

Is this you?

Acceptance Criteria

You must be 18 years of age or over to apply
You must be in full time employment and get paid regularly
You must have a bank account and a debit card linked to the account

It doesn't matter how long you have been in the UK
You don't need to have good credit

Loan Details

Representative APR

1990%

Loan Amount

£10 - £750

Repayment Period

Minimum Term 9 days

New customers up to £500 - 40 days

Existing customers up to £750 - 40 days

Repayment Method

Deducted directly from your debit card

Speed To Payout

Apply before 5pm - 2 hours (if your bank has Faster Transfer)

Can take up to 3 working days

Arrangement Fee

£7.00

Payment Holidays

If you are going to struggle to make a payment, contact them 24 hours before and they will review your situation

Payout Method

Transferred into your bank account

Income Protection Available

No

Average Customer Review

(40 customer reviews)

Loanfinder Ranking

288th for APR of 423 loans in the UK (See Lender League Table By APR)
81st for Customer Satisfaction (See Customer Reviews)

About Mr Lender

Mr. Lender offer short terms loans between £10 and £750 (£500 for first time customers). They are very fast and your money can be in your account within two hours if your bank has 'fast transfer'. You don't usually have to provide any documents with your application, but you may have to. This loan is repayable on your next payday but please ensure you can pay it on your next payday otherwise you will end up paying a lot more money than originally agreed.

You can apply online with Mr. Lender. Use the tool on their home page to decide how much you want to borrow and which date you want to repay it, then complete their one stage application form. Sometimes, if Mr. Lender cannot offer you a payday loan, they will suggest another company who may be able to help you. If you are accepted by Mr. Lender, they will contact you to ask you any further questions or they may request you to provide further documents. Once you have provided all of this and they have assessed your application, they will send you an electronic loan agreement to sign. When you have signed this, they will transfer the money into your account.

Make sure you can pay back this loan when you say you will as they will add any late or default charges onto your loan, which could lead to you paying back double or even triple what you originally owed. If you run into trouble, Mr. Lender are known for making it easy to roll over your loan to the next month. if you choose to do this, remember that the interest still applies so you will end up paying more back over the length of the loan.

Please be aware that Mr Lender acts as a lender but also acts as an affiliate. This means that when you complete your application form, they will tell you if they are able to offer you a loan. If they aren't, they may recommend another company to you. Do not feel as if you have to apply with the suggested company as this may further impact your credit file.