TickTock Loans Review | www.ticktockloans.com
Address: Office 201, 107-111 Fleet St, London, EC4A 2AB.
Branding: TickTock Loans. AKA: Tick Tock Loans.
FCA Licence: 659300.
From: Savvy Loan Products Ltd.
Related: No companies.
Available: Monday to Friday. Times not disclosed.
Bad Credit Considered: Yes.
Manage: TickTock Loans login provided via www.ticktockloans.com.
Offers: Instalment loans.
Sums: £100 to £750 (new and returning).
Terms: 2 to 8 months.
£157 /£300 (3)
£357 /£600 (6)
Notes: £300 can only be taken up to 4 months and so we doubled the sum (to £600) to get an idea of how they compare against other services at 6 months. When dividing £357 this comes down to £178.50 that is good value. The days and times of operation are not specified. There is a mention of working days on the site and so it doesn’t appear that they trade over the weekend. Leads will likely be processed between the hours of 9am and 5pm. Be aware that all applicants must show bank statements going back 3 months regardless of how well you score on the credit check.
There are no noteworthy service points and so we’ll just add some extra company information here. When we initially came across this lender we thought that they were brand new. However, Savvy Loan Products Ltd was formed in 2013 and this single trading brand was launched in 2014 and so they have been around for a good while. There has been no advertising to date and they are not profiled on any review sites and so they aren’t well known. One of the main problematic areas is the requirement of bank statements. This should really be determined by how well the applicant scores on their credit check that is the usual route taken. The flexible terms and the low pricing are the plus points. You just wonder how they have been attracting new business through the lack of promotion.