PO BOX 48563
London
NW4 9BA
Consumer Credit License: 615977
Telephone: 0845 116 8000
Email: Info@microlend.co.uk
London
NW4 9BA
Consumer Credit License: 615977
Telephone: 0845 116 8000
Email: Info@microlend.co.uk
Company Profile
Micro Lend UK is an online payday lender in the UK. It was established in 2007.
Loan Product
Micro Lend has a simple one-month loan product with an option of extending it for two additional months. If extended, the interest will have to be paid on the first and second due date, and the principal, along with the corresponding interest, will be debited on the final due date (if you are not extending it further).
Features:
- Loan amounts up to £500
- Interest of 30% on the loan amount
Extensions of two months are offered
Comments
Good service
I've used Micro Lend numerous times, never had a problem. I've never had a problem repaying. they made an error once, I pointed out and was rectified immediately.
If you really have to use a payday lender, I would recommend these people.
Sure, you do have to send documents in, but they mostly accept internet statements as well.
Dont Bother Even Trying
Dont Use these! I applied for a loan of £100. They came back to me saying I need documents which I did not have. I asked them to delete my details in that case then and their response was: - "DONT KICK UP A FUSS. MOVE ON". They are very rude and unhelpful.
Response
Dear Customer / Readers, if you were unable to meet the criteria to be able to recieve a loan your application will be declined, as was explained to the person concerned. As you didnt send anything in what would you like us to delete exactly? Your applicaiton will be saved on our systems so in future any loan applications made from yourself will bring up any history which would be appropriate for us to make a desicion. Many thanks, Micro Lend UK
Do not borrow from these guys
Do not borrow from these guys whatever your financial situation. They charge more than any other payday lender 30GBP per £100 borrowed. If you run into difficulty they use harrasing tactics, emails. And call your work colleagues. DO NOT USE.
If you dont pay what do you expect?!
You know, its incredible, people b*tch about getting called at work or at home or on their mobile when they dont pay, what do you expect to happen?! I have loaned from Micro Lend twice, i agree, i did have to send in a couple of bank statements but i got the loan processed and it took about 4 hours for the money to reach my account. I repaid on time and never heard from anyone. Would you believe it, i didnt get "harrassed!" LOL!