PiggyBank Loan Alternative
If you need to borrow money, it’s wise to do your research and shop around for a lender that offers the best type of loan for your needs. This is why we’re here to give you a PiggyBank loan alternative. BingoLoans offers a great short term loan lending solution that could help you now that PiggyBank is no longer providing loans.
To ensure that you have all the information that you require, we’ve broken down how BingoLoans’ payday loans compared to PiggyBank to help you make the right decision.
How Much Can I Borrow from BingoLoans?
With BingoLoans, you can apply for a short term loan from £50 to £1,500, repayable over one to 12 months depending on the amount you borrow. This allows you to tackle a number of emergency expenses that you might find yourself faced with. And if you are approved we can transfer your loan in a few hours.
PiggyBank loans were from £100 to £1000. They offered two types of loans: a payday loan, and an instalment loan.
Eligibility for BingoLoans
Every lender has their own set of eligibility requirements, BingoLoans’ and PiggyBank’s are not dissimilar but we have listed them below:
To apply for a loan with BingoLoans you must be at least 18 years old, live in the UK and have a bank account. You’ll also need a mobile phone and agree to a credit and affordability check.
This ensures you can comfortably afford to pay back what you owe, lowering the risk of financial difficulties later. If you tick all these boxes then you can apply for a loan with Sunny however being eligible doesn’t guarantee that your application will be accepted.
How BingoLoans Can Help You?
Our policy is to be honest and transparent with our customers, from the moment you begin your application to your final repayment date. There are no additional fees with our loans. This means no application, administration or late payment charges, ever. We don’t charge a single fee: no application fees, no admin fees, and certainly no late payment or default fees.
As a responsible and ethical lender, your financial health is important to us and we guide all we do by the following principles:
- be transparent and honest
- treat you fairly and with respect
- provide you with clear, understandable information
- to treat your personal information as confidential
These principles affect everything we do. The way we lend money is no exception.
Decided on a Loan?
Have you carefully considered your options, and think BingoLoans is the best choice for you? Then hit the apply now button below and get your hands on the funds you need for an emergency, today.