New Payday Lenders 2011 and 2012
This posting will be regularly updated to keep track of all of the new payday lenders in 2011 and 2012. Just to note that “New” could refer to any such payday loan lender that may have been around for any amount of time yet simply hasn’t been added to this site. It will also refer to any new payday lenders that have just very recently launched! This posting has been initially made in late 2011 and so you will see some late updates before we soon reach the coming year of 2012. The focus is of course on new payday loan lenders UK, since this is where this site is based; there will be some focus on the international markets in due time. If you are a new payday loan lender or simply know of any new payday loan companies in the UK, then do feel free to get in contact. There are currently 22 direct payday loan lenders featured on this site (payday loan brokers are not included).
New payday lenders 2011
- Umbrella Loans (Umbrella Loans Limited) has actually been operating since 2010, but they haven’t been featured on this site before and there has also been no coverage of them on any of the other payday loan review sites as far as I can tell. There are certainly details lacking with this company, but regular checks are being made on their development.
- Micro Lend UK (Micro Lend UK Ltd) is another payday lender to be added to the comparison page, alongside having a separate mini-review. This company has actually been operating since 2008, but they are one of those payday lenders that has not had great exposure and so has always been difficult to track down.
- EPayday (First Choice Credit Limited) now join Micro Lend UK, with the same pattern as having been around for a good while, yet having a relatively low profile on the payday market.
- Instant Loans Direct (Instant Finance 4U Ltd) is a cheap payday lender that launched in late 2010, but they have not been easy to track down. Instant Loans Direct have a partnership in place with H&T who lend on the high street.
New payday lenders 2012
- BongaLoans is the first lender to be added in 2012. This is a £100 only 7 day term text lender. No details on the specific launch date, but they may have been around for a year or so.
- Quid24 that shares all of the same characteristics as BongaLoans has now been added. Not sure on the launch date alike as above, but they are more popular than BongaLoans and so may have been around for perhaps two or so years.
Note: (new companies have recently been identified and each are currently being researched further. Updates to follow soon).
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