MiniCredit Loans Info (Closed)
These loans had been available since the year 2008. They offered a range of useful features, but there was always an expensive forced transfer fee to pay. It should be noted that this short term loan lender was very popular and they were certainly a top 10 firm throughout their active years. There was an as seen on TV badge on their website, although we can’t recall viewing one. They offered new applicants between £100 to £400, whilst a much larger sum of £1500 was possible for loyal users. The term span was 1 to 42 days, although a little time before closing they only enabled a complete month to be selected.
The interest cost stood at 1.3% daily and so a charge of £39 was set over 30 days. Choosing a smaller term (when you could) would help to save costs, but there was that transfer fee to pay at £19.50. There was a promo code, but this was designed for the interest and not the transfer. Secure logins were equipped to www.minicredit.co.uk. They did deal with applications here 7 days a week, but eventually updated to close on a Sunday. The times were Monday to Friday (9am/8pm) and Saturday was (9am/5pm). MiniCredit loans certainly stands as one of the key recent closures (alongside Cash Genie and Vivus).