Mr Lender Short Term Loan review
Mr Lender is a short term lender that caters to a UK customer base. They have been operating since 2008 and are one of the longest serving short term loan lenders in the country. The company provides flexible and simple short term loans with an easy online application.
Mr Lender’s trading name is PDL Finance Limited, based in London, United Kingdom and established in 2008. They have a proven track record for providing short term loans of between £200 and £1,000 with up to six months to repay. In order to be approved, you must be a UK resident.
Based on a borrowers credit history, their APR can range from 1,242.3% to 1,4623%. The company offers loans of between £200 and £1,000 with first time borrowers having a borrowing limit of £500. Loans are repaid between three and six months, offering flexibility and easy to budget monthly repayment terms.
Mr Lender offers the convenience of applying for one of their short term loans online and money can be transferred to your active UK bank account within an hour. In most cases, successful applicants receive funds by the end of the day of application and in applications approved later in the day, payments are the next day.
The company does require all applicants meet their eligibility requirements, which includes being over the age of eighteen and a UK resident. You must have a regular source of income with a minimum of £600 nett each month. A good credit history is needed and you also need a UK bank account and debit card.
As one of the longest serving short term loan lenders in the United Kingdom, Mr Lender provides customers with simple and flexible short term loans, giving them up to six months to repay. They make it easy to find the best loan based on your financial needs with an easy to use online calculator, enabling customers to see how much their monthly instalments will be and the total cost of the loan before making any final decisions.
They do not charge any up front or late fees, there are no fees payable if a payment is missed. They cater to thousands of UK residents each month with glowing five star reviews.
Each application is subject to a credit check and affordability assessment, which is in line with responsible lending. They may report late or missed payments, which will impact your credit rating and make obtaining a loan in the future more difficult. Most loans are transferred into the borrowers account within one hour of approval.
Mr Lender Contact Information
Date of incorporation: 2008
Company number: 06738633
Company type: Private Limited Company
Registered company address: 30 City Road, London, United Kingdom, EC1Y 2AB
Official site: https://www.mrlender.com/
Operating hours: Monday to Friday: 8:00am – 6:30pm, Saturday / Sunday: 8:00am – 3:30pm, Bank Holidays: 9:00am – 3.00pm
Phone number: 0208-532-1969
For added peace of mind, Mr Lender is authorised and regulated by the Financial Conduct Authority (FCA), which is very strict on how companies provide loans and the terms of the loans. This is to protect individuals from finding themselves in spiralling debt. This makes Mr Lender safe and legal, enabling customers to use their services with confidence.
The company assists people with payday and instalment loans ranging from £200 to £1,000 with a borrowing limit of £500 for first time customers. Repayments are between three and six months. They provide a transparent and trusted service to their UK clients offering simple and flexible short term loans.