Bamboo Loans
Updated
- Personal loans up to £8,000
- Low-interest starting from 26.9%
- Repayment up to 60 months
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Author Bamboo Loans. Screenshot of Bamboo Loans website. [Accessed February 17, 2022]
About Bamboo Loans
Bamboo Loans started its business to help clients find affordable loans, no matter their credit situation.
They have 80 staff members based in the UK in Southampton, London, and Caerphilly, and they serve 50 000 happy customers with helpful loans. The company got voted the best personal loan provider three years in a row from 2017 to 2019 at the Consumer Credit Awards.
What Bamboo Loan services have to offer
Bamboo Loans is the direct lender and provider of loans; they do not use 3rd party providers. They have 50 000 current loyal customers, who all get rewarded for choosing the company every year. The company aims to provide the right loan fit to each client by listening and caring about their financial situations.
What Bamboo Loans will never do to its clients
The company does not judge anyone by their past or their credit history. They understand that life happens, and it's easy to find yourself unable to make payments. Their consultants won't try to make ridiculous deals when clients apply; they will provide deals that fit their financial needs. They provide clear, trustworthy loan information and options to future clients.
Bamboo Loans Services
Bamboo Loans offers loans starting from 26.9% and do not require a guarantor from clients.
After applying online or at any of the locations across the UK, clients can expect quick approval and same-day pay-out of their money. The company does not charge any upfront fees.
Get easy access to online personal loans
The company uses an online application platform that is user-friendly and straightforward. They do not charge any upfront application or administration fees as their terms are fair and clear. Upon applying, clients will receive the actual interest rate of the products they are eligible for and the total amount and duration of the loan. Late repayments on a loan can result in additional interest and a charge of £12.
Bamboo Loans will consider anyone
Clients with a County Court Judgement against them or who haven't built up a good credit record will be considered for a loan when they apply at Bamboo Loans. The company created a way to make access to loans fairer to everyone. They will do their best to find the perfect loan, no matter what the client's credit history reflects.
Bamboo Loans Product Details
- Loan Type Personal loans
- Interest Rate 26.9 – 69.9% p/a
- Loan Amount up to £8,000
- Repayment 12 months to 60 months
Summary of Services
- Simple online application process
- Affordable monthly repayments
- No upfront fees
Get a low interest personal loan with Bamboo today.
A personal loan is a good option for anyone looking to borrow between £1,000 and £8,000.
It is an unsecured type of loan which means that Bamboo Loans does not require a guarantor from the client.
The impact of credit score
Typically, personal loans are easier to get with a fair to good credit score, and the interest rate offered is based on the client's credit profile. With Bamboos Loans’ free loan quote service on their online platform, clients can now check how likely they will receive approval for a loan.
The benefits of a personal loan
Personal finance serves as a sort of emergency fund to help clients pay medical bills or sudden repairs. Clients do not have to provide collateral, such as in a loan against your home, because it has a shorter-term and smaller amount. It is the perfect short-term solution for a client who has a monthly income to make repayments. Personal loans have a fixed repayment schedule with one monthly amount owed by the client.
How to apply for a personal loan
Applying for a loan has never been this easy; it now only takes four steps:
Step 1
Clients need to inform the company about how much they like to borrow, and for how long, on the online loan calculator. After clicking "apply now," clients receive their instant quote with no impact on their credit score.
Step 2
Using the details given on the website, the Bamboo Loans consultants will run a quick check. If the client is eligible, they will be offered a personal loan.
Step 3
It is now time to start the formal application, so clients need to have their bank, employment and income details ready. They can upload all documents online.
Step 4
Clients now need to confirm their employment status and where they live. After submitting these details, Bamboo Loans run a credit search. If there's anything else they need, they will contact the client personally.
Pay-out conditions at Bamboo Loans
To receive a same-day pay-out, clients need to sign their agreement before 3 pm on a weekday to receive their money before midnight that same day. Clients who sign after 3 pm on a weekend or bank holiday should receive their funds by 1 pm the next weekday.
Customer Reviews & Testimonials
Bamboo Loans Contact Details
Contact Number
Website
Physical Address
- 1st Floor, Grenville House, Nelson Gate Southampton SO15 1GX United Kingdom
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Postal Address
- 1st Floor, Grenville House, Nelson Gate, Southampton , SO15 1GX , United Kingdom
Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed