Little Loans Reviews & Analysis 2022

Little Loans Reviews

Little Loans

Are you considering a loan with Little Loans? Or perhaps you already have one, and you’re looking for further information about the company. Either way, we’ve compiled the most important, in-depth information about Little Loans’s loan for you in this loan guide.

About – Who are Little Loans?

Little Loans is a registered loan broker in the UK. They are a trading name of Digitonomy Limited. The company is based in Cheshire.

What are the key features of loans available through Little Loans?

It’s important to analyse the key features of a loan carefully before you commit. Here are the critical details of the loan you could secure through Little Loans as your broker:


Minimum APR: 9.30%

The APR for the loan is advertised at 9.30%. This is a best case scenario. Depending on your individual circumstances and the lender you choose, the APR could go up.

Loan Amount and Repayment Period

You can borrow between £100 and £10,000.

The loan repayment period can be between 3 – 60 months.


Here’s the representative example that they give on their website:

Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative.

Information correct as of 01/04/21 (Little Loans)

How do I apply for a loan with Little Loans?

You can apply for a loan using the online form. Little Loan will search for a lender for you, and if approved, a loan agreement will be sent to you online. In some cases, your lender may need some verification of details such as employer or salary, but these can usually be sent online. If you agree to the lender’s offer, the money will be transferred to your account, often on the same day.

Little Loans Loan Review

Will I be accepted for a Little loan? 

Little Loan will assess you based on certain criteria. See if you qualify:

  • Age: 18+
  • Residency: UK resident
  • Income: You must have a regular income, ideally of at least £750 per month
  • Bank Account: Have a bank account with a debit card

Information correct as of 01/04/21 (Little Loans)

Little loans reviews

It’s important to see how other customers have rated their experience with Little Loans. Take a look at their up-to-date reviews here.

Feefo Review

Information correct as of 14/06/21 (Trustpilot)

How to complain about Little Loans?

Should you need to make a complaint about Little Loans, then you can use the details below to either write to them or call them.

The Steam Mill Business Centre
Steam Mill Street
[email protected]

If Little Loans does not respond to your complaint then you should contact the Financial Ombudsman Service. They might be able to handle your complaint.

Information correct as of 01/04/21 (FCA)

Loan interest and other charges – government caps

Price caps have been introduced in recent years by the Financial Conduct Authority, which are designed to protect borrowers from facing excessive charges. The price caps are made up of:

  • A 0.8% cost cap per day on the value of the amount you have borrowed – this is combined of both interest and all fees which have been charged.
  • A £15 default fees cap, where a default interest may still be charged, but it cannot be in excess of the original 0.8% per day.
  • 100% complete cost cap – you should not be asked to pay over 100% of the loan amount you have borrowed.

The limits are relevant to all credit agreements with an interest rate of 100% or more per year and that will be required to be fully or substantially repaid in a year.

There are other regulations which have been applied since May 2017. With these new regulations, lenders must provide their products on a price comparison website, which must be authorised by the FCA and borrowers should always be provided with a summary of what they have borrowed.

Continuous Payment Authority – the rules

You may not be aware of this, but many loan companies use a CPA or Continuous Payment Authority to recover the payments. With a CPA, the loan company has permission to be able to take payments from your account.

There are new regulations regarding CPA, which go a long way to helping to protect borrowers. The new regulations state that loan companies must not attempt to take the payment on more than two occasions. If it fails, they cannot make any further requests, unless you have given them explicit permission to do so.

In addition to this, there are new restrictions on the amount of money which can be taken using a CPA. You cannot take partial payments, only full payments are permitted. If you do not have the required amount of money in your account, they simply can’t take any payment at all. Of course, if you agree otherwise, this is different, but you must give them explicit permission to do so. There are consequences if they are found to be in breach of these regulations.

I can’t afford to repay the loan – what now?

If Little Loans UK are operating in a legitimate way, and you have no grounds to make a complaint, but you are concerned about making payments, there are some steps the company can take to help.

The law is there to protect borrowers, and according to this, lenders have a responsibility to:

  • Provide information on where you can obtain free independent debt advice, if required.
  • Halt debt recovery for a period of time which gives the borrower an opportunity to develop a repayment plan.
  • Freeze any interest and charges where applicable, and where it will help the borrower make repayments.

Getting free support with your finances

There are a range of organisations that offer free independent advice on debt, and taking control of your finances, and these include:

  • Contact Citizens Advice – free debt advice, as well as help with a range of other personal issues.
  • Contact StepChange Debt Charity – free debt advice and support on getting your finances back on track.
  • Contact National Debtline – free help and advice on taking care of your debt.

Company information:

After researching Companies House and their website, we found the following information about Little Loans:

Date of incorporation: 1 February 2013
Company status: Active
Company number: 08385135
Company type: Private limited Company
Address: Steam Mill Business Centre, Steam Mill Street, Chester, Cheshire, United Kingdom, CH3 5AN
Opening Hours: 
24 hours
Phone number: +4401244888880

Information correct as of 01/04/21 (Companies House)

FCA registration:

The Financial Conduct Authority (FCA) is the conduct regulator for financial services firms and financial markets in the UK. 

FCA regulated: Yes
FCA status: Authorised
FCA reference number: 690249
Trading names: 
Business Comparison
Cash Lady
Comparison Hub
Energy Heroes
Injury Heroes
Little Loans
Loan Heroes
Loan Match
Loan Supermarket
Loans Hub
Longer Loans
Minute Money
Money Assist –
Motor Loans
Payday Heroes
Revamp Loans

Place of business: 
The Steam Mill Business Centre
Steam Mill Street

Information correct as of 01/04/21 (FCA)

Data protection registration:

Data protection registration means that this company is registered with ICO, the UK’s independent authority set up to uphold information rights in the public interest. The privacy of your data will be protected.

Registration No: ZA007309
Data controller: Digitonomy Limited
Steam Mill Business Centre,
Steam Mill Street

Information correct as of 01/04/21 (ICO register)

Where are Little Loans located?

You may want to speak with the loan company in person. If you do, it’s important to find a company whose offices are near your own address. Take a look at their office location on a map.

Steam Mill Business Centre, Steam Mill St, Chester CH3 5AN


CONC 2.1 Application

CONC 5.2A Creditworthiness assessment

CONC 13.1 Application


Do you know your debt free date?
Do you know your
debt free date?
  • Affordable repayments with an end date in sight
  • Reduce pressure from people you owe money to
  • Stop interest and charges from soaring