4_5stars

Toothfairyfinance.com

single_review

|

Offers both SMS and Internet loans. Maximum loan is 400 pounds.

Visit Website

With Tooth Fairy Finance, you have someone in your corner to help you when you need some extra money. With the wave of a wand it seems, they have you going from application status to the money in your bank account. This is one of the well known cash advance lenders in the UK. They offer plenty of different loans too so you can pick the one that fits your own circumstances.

However, Tooth Fairy Finance specializes in micro loans. Their top dollar amount is £300 which is perfect if you just need a small amount of cash until the next time you get paid again. If you need more than that though this won’t pan out to be the right lender for you to consider.

In order to quality for the loans they offer you must be at least 18 years of age as well as a resident of the UK. They are one of the few payday loan lenders out there that have a time limit on your residency. They require you to be a UK citizen for at least the past 5 years in order to borrow money from them.

With this lender, you do have to pay back all of the money at one time to the entity. Carefully consider that when you borrow the money from them. The total cost of the loan plus your interest is due to them the next time you get paid. If that type of set up will result in you having ongoing financial struggles then find a lender that allows small installments to be paid.

They don’t have any hidden fees and they have a rate that is lower than most of the competitors that offer this same type of loan. They are both licensed and regulated and continue to get strong marks for being in compliance on all accounts.

Pros

  • Offers both internet and SMS application facility.
  • Low interest

Cons

  • £500 maximum loan for existing customers.
  • To get a loan you need to be a UK resident for over 5 years
Conclusion Rating
Customer Service
4 stars
Interest and charges
5 stars
Speed to payout
4 stars
Simplicity
5 stars
Treating you fairly
4 stars

Tags :

One Comment/Review

Leave a reply

Your email address will not be published. Required fields are marked *

*

*