4474%
£100 - £500
Minimum Term 1 day
Loans for new customers up to £100 - 15 days
Loans for existing customers up to £500 - 15 days
Deducted from your debit card
Within minutes (f your bank has fast transfer)
3 working days if not
No Fee
None Available
Transferred into your bank account
No
306th for APR of 423 loans in the UK (See Lender League Table By APR)
52nd for Customer Satisfaction (See Customer Reviews)
A new concept in personal lending, TxtLoan can provide you with £100-£500 for up to 15 days by simply texting them. If you borrow £100 you will pay back £117.
First time customers can only apply for £100 and will have to sign up register online with TxtLoan. This may involve sending and receiving documents via email or fax. Once you have completed the application form on their website, they will send you an email with a link and a PIN number which you must enter. Complete their 2-stage application form, submit your application and sign their electronic loan agreement. They will then validate your details, inform you by text if you have been accepted and transfer your money straight into your account. Once you have registered, the next time you want to take a loan out, the service is a lot quicker. TxtLoan also credit checks so if your credit is not the best be prepared to send through some documentation proving you can pay the loan back.
Fairly quick and easy, especially if you have already registered. TxtLoan will pay the money out quickly so they are good if you are in a tight spot. It doesn't work out as the cheapest option, with other short-term lenders offering much cheaper terms. You must also make sure that you can pay TxtLoan back in full when you say you can or you will be hit with a lot of charges very quickly as outlined at the bottom of this page. Customer reviews on the internet have outlined the fact that TxtLoan can be quite hard to get hold of sometimes. This can be frustrating especially if you have any problems with payments or you want to change your card details.
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Early Settlement Fees |
None |
|
Other Fees |
Validation Fee - £1.00 |
|
Late Payment Fees |
Interest charged per day - £1.13 After 46 days the loan total will be - £247.00 Day 17 Administration Fee - £25.00 Day 27 Administration Fee - £25.00 Day 46 Collection Partner Charge - £47.00 |
Average Customer Review:
(31 customer reviews)
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HELPED ME
Wayne, Oldbury
10 months ago
TX LOANS VERY GOOD SORTED ME OUT WITHIN THE HOUR
Told 15 minutes to validate and that was 4 hours ago.
Lou, Clifton
2 months ago
Appaling customer services, applied on line, verified eveything they asked for. That was four hours ago!
Smooth transactions
K, Scotland
3 weeks ago
Ive used this company 3 times now and havent had a single problem with them,i feel their rates are pretty good in comparison to some other lenders out there and money is into my account within an hour,its been a godsend to me as i have a very poor credit rating im unable to get loans elsewhere so when my car needed some work done i had to find the money somewhere to keep me on the road to get to work,as other folk have said it is only a temporary measure and dont get into the debt spiral.
Disgusted
John, Basildon
1 month ago
This company is very deceptive, avoid at all costs. i would not be surprised if the good reviews come from themselves in some form. All they seem to do is register you and sell your credit card details and other details to other usncrupulous companies, you will be bombarded with spam email from loan sharks and they will attempt to take money from your account from a company abroard. Be advised don't under any circumstances get involved iwth these people. As many otheres have desrcibed all that happens when you register is that it tells you for days on end you application is being processed in the meantime they have sold all your details, you will notice by the amount of junk texts and emails you receive and they have no intention of processing your claim legitimately. These sorts of "companies" need to be bracketed in the same catergory as other criminals.
Quick, easy and efficient. Only for emergencies though as with all payday lenders
C, London
1 month ago
Application was quick, process is simple and repaying early very easy...communication is also very concise. I'd recommend to anyone as a one off, I've used them a few times now but keep your amounts low. As said previously, if you take the higher amounts you do tend to get sucked into a constant spiral or 'living' off a payday loan.
TxtLoan Ltd., 1 Cornhill, EC3V 3ND
0871 705 0000
info@txtloan.co.uk
Website Terms of Use
https://txtloan.co.uk/terms/
