Bank on Dave

michael1983l

Has anybody used them for a small personal loan?

I think it is a trading name of Burnley Savings and Loans.

As I not getting replies I thought I'd add in a link

http://www.burnleysavingsandloans.co.uk/

forgotmyname

How to make a genuine company look cheap... Website looks like something i made.

If your a homeowner in Lancashire and want a loan of £500 or less. Then you can try them.

£10k if your a Business in Lancashire.

Or buying a car from a dealer with a credit licence...£?

Monkeyballs

forgotmyname wrote: »

How to make a genuine company look cheap... Website looks like something i made.

LOL, I thought that too but then I realised just how much rubbish is on my own banks website that I really just don't need to see and it's actually very simple to use

I'm not with them btw but I too had a nosey after reading the opening post.

MB

dotdash79

I know someone who have used them for a business loan and they were happy with the service and rate, however by there own admission it was a risky venture they wanted to undertake.

michael1983l

I am not even eligible to use them but I watched Dave: Payday Loan Ranger and it is the proprietor of this establishment. He seems very genuine and is looking to plug the gap of payday loans for finance for individuals and to loan to businesses that cannot get loans from the bank. He seems like he genuinely wants to make a difference. So I was interested to hear experiences of his service and plug him a bit I suppose.

forgotmyname

Its all well and good saying he wants to push out the payday loans and offer a cheaper alternative.

But payday loans are risky. And there is no saying the person wont get a loan from Dave and then go straight back to the payday loan and say ive paid that can i have some more now.

Then not be in a position to pay either. Seems they allocated a set figure and its all gone. So currently no more funds.

I wonder what % actually paid it all back?

cavework

They had a 98% full repayment from the people they helped with Pay Day loans and the like the first time they offered this service.