PiggyBank provides transparent and simple short term loans, payday loans and instalment loans from £100 to £550 for new customers, and up to £1,500 for returning customers. The PiggyBank lending system is an online website to apply for a loan for an unforeseen circumstance. We're a short term lender short term lending, but much more human.
PiggyBank Short term loans are an online solution to cover an unforeseen expense, like a bill or a problem with a car, or can be used as a short term financial buffer until your next payday. Our loans are flexible and can be taken from 14 to 35 days days. If you need your money for a bit longer, you can apply for an instalment loan, which splits your repayments over a two to six month period. The loans can be paid back early to save on interest, giving a flexible solution for your short term cash needs.
We make sure that you can see exactly how much your loan will cost you to payback BEFORE you make a decision about your loan. And you can payback your loan early and at any time with no hidden fees or charges.
Although you don't need to have a perfect credit history for a PiggyBank loan, we will only provide loans to people that can afford our loans. Our clever Piggy Banker will assess your recent credit history, your affordability for the short term loan that you are apply for and numerous other factors to ensure that we are treating our customers fairly and lending with forbearance.
If you are accepted for a PiggyBank short term loan, will make make sure that we will contact you from up to five days from your agreed repayment day or the day your instalment is due to make sure nothing has change in your circumstances and to remind you that if you payback early, you will save on interest.
If your circumstances have changed, we will work with you to freeze interest and charges and get your loan balance cleared as quickly as possible, while still treating you fairly.
Simple as that.
Before you take out a PiggyBank short term or instalment loan, you need to ask yourself whether borrowing money is the right thing for you. If you can cut down on your spending or put off buying something until you’ve saved for it, do that. If you are borrowing money to make repayments on other loans and debts, you may be in a vicious circle and it might not be the best thing to do. If you think you need help with your debts, you can contact the Step Change Debt Charity service at www.stepchange.org