Hero Loans Review | www.heroloans.co.uk
Address: 215 Crosby Road South, Liverpool, L21 4LT.
Branding: Hero Loans. AKA: HeroLoans.
FCA Licence: 634280.
From: Hamilton Greig Ltd.
Related: No companies.
Available: Monday to Friday. Times not disclosed.
Bad Credit Considered: Yes.
Manage: No Hero Loans Login at www.heroloans.co.uk.
Offers: Guarantor loans.
Sums: £1000 to £5000 (new and returning).
Terms: 12 to 60 months.
£257.50 /£1000 (12) £528.34 (24)
Notes: No contact details are presented and so Monday to Friday is assumed during standard working hours. How much funding can be accessed depends on the term selected. For instance, £1000 only heads up as far as 36 months. Guarantors must be UK homeowners aged between 25 and 65 with a positive credit history.
There are no noteworthy points and so we’ll provide some extra information here. The main problem seen here is the lack of a feature that helps them to stand out in this niche. If we take the example of the market leader (Amigo Loans), for a £1000 12 month loan they ask for £236.72. They are happy to consider CCJs and can initiate payouts within 24 hours. Tenant backings can be made so long as they have an excellent score and logins are provided. In comparison, the charge here at Hero is £257.50, you’ll also need a homeowner backing and no login is provided. You really need to be matching Amigo in such areas to compete. This company hasn’t been around for too long and so it may be the case that product changes will be made as they age.