Loans

The Group’s personal loans business was launched towards the end of 2021. 2022 therefore represents its first 12 months as a standalone division. It offers personal loans to new and existing Vanquis Banking
Group customers through affiliates and intermediaries.

Our Customers

£30,000

earn on average £30k with a core spread between £20-£50k

26-45

are 26-45 years old

83%

are working full-time, part-time or are self employed

In 2022, we’ll continue to expand our Personal loans division and our open market distribution efforts. We’ll continue to focus on growing lending to existing credit card customers and also pursue opportunities to broaden our product offering.

Hamish Paton, Managing Director, Loans Division

Customer Comments

“I like the way they check that you can really afford it ... you don’t get that from many loan companies”

“It was a good experience overall ... the application process was seamless”

“Very polite and professional ... explained everything ...everything you would want from a company”

I was impressed by how quickly my loan was delivered to my account, and how easy it was to complete the application. The repayment amount, term of the loan, and interest payable were clearly detailed.

Easy manageable payments. Excellent customer service.

Easy application, helped my credit rating.
Very easy to speak with someone and always helpful.

I found it easy like easy to understand what was going on throughout the process and the fact that everything was clear and the decision was instant and I thought it was a good idea about the fraud check before releasing funds.

Very precise instructions regarding my loan. Extremely patient, professional and most importantly helpful when dealing with any and all queries.