UK Lenders Alliance Review | www.uklendersalliance.co.uk

UK Lenders Alliance

About…
Address: Suite 701, Lowry House, 17 Marble Street, Manchester, M2 3AW.
Branding: UK Lenders Alliance. Also known as: UKLA, UKLendersAlliance.
FCA Licence: 637661.
From: Cash Choice UK Ltd.
Launched: 2011.
Memberships: BCCA.
Related: No companies.
Website: www.uklendersalliance.co.uk.

Loan Details…
Available: Monday to Friday (8am/8pm).
Bad credit considered: Yes.
Manage: UK Lenders Alliance login provided via www.uklendersalliance.co.uk.
Offers: Instalment loans.
Pricing: £334.35/£300 (6 months).
Sums: £100 to £600 (new) | £1000 max (returning).
Terms: 6 months.
Notes: There is no charges page or payment calculator provided and so we picked out the costs based on their representative example. The info provided shows that you pay £106.45 per £100 over their fixed term. This calculates as £319.35 per £300. Then there is £15 that is charged for same day funding (£319.35 + £15 = £334.35). This £15 fee has historically been optional, but the slow transfer would no longer meet EU regulations. They haven’t updated their website for a long time and so this extra charge won’t likely have a waiver on it.

Feedback:
For lender profiles we usually discuss noteworthy qualities and company updates to beef up the listings. There isn’t much to work through here and so we’ll post some additional feedback for now. The main issue at hand is that the UKLA website hasn’t been updated for a long time unlike all of their instalment rivals that we have stduied. We did wonder if this service was still available. It isn’t easy to keep track of companies who have have no blogging sectons, social media profiles etc. Applications are still currently being processed and their FCA licence is still active. Due to this we can only assume that they are still actively trading. The owner does have a few other listed projects, but these are currently running such as Choose My Pay Day and Credit Whiz. The most well known release in their earlier days was Cash Choice that was a monthly product. This was later closed down and replaced by UKLA where all visitors were redirected to. This page will be updated as soon as we learn of any new developments.

Email this to someoneShare on FacebookShare on Google+Tweet about this on Twitter