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Mr Lender Loans

Mr Lender is a trading name of PDL Finance, who are a London based lender that have been in operation since 2008. They are a direct lender.

What kind of loans do they offer?

They offer loans from £200 to £1000 with repayment options from 3 month to 6 months. This means that you repay the entire amount, including interest and any charges, by the end of the agreed period.

a screenshot from mr lender website where you can apply for £200 cash

How much can you apply for?

If you are applying with Mr Lender for the first time, you can apply for up to £500. If you’ve used them before, you may be eligible to apply for more, depending on your circumstances.

How quickly can they supply the loan?

Mr Lender can get the cash to you the same day (and usually the same hour). However it may take longer if your bank does not support faster payments.

find out more about the interest rate Mr lender charge

What do they charge?

Representative Example: Borrow £400 for 6 months, repay with 6 payments — payment 1: £162.66, payment 2: £146.66, payment 3: £130.67, payment 4: £114.67, payment 5: £98.67, payment 6: £82.67 . Rate of interest 0.80% per day on outstanding capital. Total repayable £736.00 (based on 30 day periods). Interest rate 292% per annum (fixed). Representative 1,244.2% APR.

Do they have TV adverts?

No, although they have run radio adverts in the past.

Licence details

  • Company Number 06738633.
  • Firm 673310.

Representative 1272% APR
Representative Example
Amount borrowed: £250 for 3 months
Number of repayments: 3
Interest rate p/a: 292% (fixed)
Each repayment amount: £137.21
Total amount repayable: £411.63
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