There are a variety of products and services available from the Loan Ranger, all of which have been specifically designed to suit your needs and budget. We are proud to offer some of the most flexible repayment terms in the industry. You can choose to repay your loan over three months in convenient and stress free equal instalments.
The Loan Ranger is regulated by the Financial Conduct Authority and as such works hard to maintain our status as a fair and responsible lender. We clearly display the APR on all our products and make sure there are no hidden charges or fees.
One of the typical 3 month loans from the Loan Ranger comes with a representative APR of 1265%, a huge reduction in comparison with other payday lenders. In accordance with the FCA our price is capped at 0.80%.
We also have a charge of £24.33 per £100 borrowed per month. All of our three month loans are repaid over three months in completely equal and convenient instalments. The Loan Ranger does charge a default fee of £15 should you fail to meet a repayment.
The Loan Ranger takes great pride in delivering a loan service which is truly unbeatable and as such, do not charge early repayment fees as most other providers do.
How payments are collected
The Loan Ranger operates an automatic payment collection system which utilises the latest email and SMS technology to remind you of upcoming payment dates and amounts along with the Continuous Payment Authority.
All applicants with the Loan Ranger are subject to credit and affordability checks and as part of this commitment to fair and responsible lending, we will ask for proof of income and employment.
The application process is completely online and takes just minutes to complete. Following your completed application, our professional and dedicated team will call you to confirm details with you and should you be accepted for a loan, you will receive the funding on the same day.
Details of your pay dates are confirmed with our team for the repayment schedule which will automatically collect payments from your account on the specified date.