Lolly Loans Review

Will you find yourself lolling by the opportunity to avail of a loan you need?

Lolly Loans has a team of credit brokers located in the United Kingdom that uses advanced matching technologies to match borrowers with lenders. Lolly Loans offers loans ranging from £100 to £3,000 with up to a 24-month repayment duration.

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The organisation is a credit broker that provides a quick application process with a 15-minute turnaround time, connecting borrowers to different third parties. Amaze Media runs Lolly Loans in the United Kingdom.

Learn how to find the perfect loan for you in this Lolly Loans Review.

Lolly Loans Overview

In 2005, the Lolly Loans founder began as a credit broker who was introducing loans. By 2012, he founded Lolly.co.uk. Since then, Lolly.co.uk, also known as Lolly Loans, has assisted over 500,000 customers in locating a short-term loan.

Lolly Loan’s service is a completely online introduction service that assists borrowers with money problems in obtaining the funds they require. They utilize loan search technologies to compare an applicant’s criteria to those of a variety of short-term lenders to see whether they are compatible. Borrowers can apply with the knowledge that their application would be seen by a number of lenders, increasing their chances of receiving an offer and saving them time from completing several applications.

Services Offered By Lolly Loans

Lolly Loans offers its services to borrowers by accepting a loan application and connecting them to different lenders. They provide customers with immediate access to a variety of payday loans and short-term loan options. They give quick cash loans solutions that are credited to their accounts the same day they apply.

  • Payday Loan
  • Short-term Loans
  • Quick Cash Loans

Loans with maturities of as little as three months are available. Your loan application is used to develop a no-obligation loan offer that is tailored to your borrowing needs. If no lender can meet your exact requirements, your request may be approved by a lender willing to offer a different term or amount. Full loan terms are clearly shown with your personalized loan offer, allowing you to make an informed borrowing decision. You are under no obligation to accept any offer.

Loan Amount and Loan Terms

Borrowers can apply for a loan anywhere between £50 to £2000. The customers can also choose how long the loan terms will be, with Lolly Loans offering terms that range between 3 months up to 36 months.

How to Apply for a Loan with Lolly Loans

Lolly Loan offers online loans to its customer. Customers can complete an online application form online through the Lolly Loan website. You fill out a simple form with the necessary personal information, and the site will utilize strong comparative technology to discover lenders who might be able to assist you. If a match is found, often through instant decision, you will be routed to the lender’s website to complete your application and obtain a decision. If the offer they make is suitable for your requirements, you can accept it or just decline it. There is no commitment to participate. Please make sure you read and agree to the terms of any offer before accepting it. Before you accept to proceed, you will be shown these in detail.

Representative APR

The representative example APRs ranges from 43.1% to 1333%. The minimum loan term is three months. The maximum term of a loan is 36 months. £1,200 borrowed for 90 days is an example of a representative example. The total sum due is £1567. The daily interest rate is 0.34%, or £367 per year, for a total annual interest rate of 124% (variable). APR (Annual Percentage Rate): 49.7% (variable).

Lolly Loans Contact Details

Lolly Loans keeps its contact lines open for its customers to reach them when needed. Use the following information to stay in touch with the company. You can also route your complaints and questions through these contact details.

Address: 27 Cofton Church Lane, Cofton Hackett, Birmingham, England, B45 8PS

Telephone Number: +4407973155011

Website: www.lolly.co.uk

Email: [email protected] / [email protected]

Financial Conduct Authority Registration Number: 733559

Data Protection Number: Z3533362

EGOUK Ltd is an Introducer Appointed Representative of T Dot UK Limited, who are a credit broker and not a lender. Lolly.co.uk is a registered trading name of EGOUK Ltd, which is an Introducer Appointed Representative of T Dot UK Limited, who are a credit broker and not a lender. The reference number 733559 is assigned to us in the Financial Services Register.

T Dot UK Limited, incorporated in England and Wales (Company Registration Number 09225672, based at Bourne Space, Suite 4, Exeter Park Road, Bournemouth, BH2 5BD), FCA Number 688026 EGOUK Ltd, incorporated in England and Wales (Company Registration Number 08163467, based at 27 Cofton Church Lane, Cofton Hackett, Birmingham, B45 8PS), FCA Number 688026 The Information Commissioner’s Office has granted it a license (registration number Z3533362).

If you have to make a late payment, contact Lolly Loans to ask about any potential interest charged to the customer bank account. As with most credit brokers, Lolly Loans also checks your credit rating and your latest credit report when you apply with them.

Lolly Loans Reviews

Lolly Loans helps borrowers who have bad credit records and insufficient funds to connect with a lender directly. Read about the experiences of different customers with Lolly Loans in the following reviews.

They say cash is normally sent within the hour but in my case it took two hours to actually get the money. This was no problem really, it was still fast enough for me but it is worth bearing in mind. My loan is via a company called Lendingstream and is spread over 6 months but I will be paying it as soon as I can as the rate is so high. I can’t get a credit card at the moment though so hopefully if I pay this loan on time it will help build my credit rating a bit and will open my options to better finance rates. -LBMAY

It took about 5 minutes to fill in the form and when I clicked search I was offered a loan pretty much straight away by a company called Lending Stream. They give me the option to repay over 6 months and the rate is high but acceptable considering I only want the loan for a few months. Overall the service I recieved is good – there are no major negatives I can mention as I got the loan I was looking for. I wish the loan rate was a bit lower so i’m giving them 4 stars instead of 5. -thegame123

Summary

Through this Lolly Loan review, we saw that they assist consumers in obtaining short-term cash loans with periods of no more than 12 months. You can apply for a loan on their website for sums ranging from £50 to £2,000, and you can use it to cover any expense, payment, or purchase. Understanding the services we provide on lolly.co.uk is as straightforward as learning how to utilize the Lolly Loan site loan-matching platform. At the end of the day, Lolly Loans is good enough ot be considered.

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