ePrivacy and GPDR Cookie Consent by Cookie Consent Affordability Statement
Everyday Loans for Everyday Life



Affordability Statement

We may be living in unprecedented times but, at Everyday Loans, our commitment to treating our customers as individuals remains constant.

As a direct personal loan provider, we offer a truly case-by-case approach to everyone who walks through our doors - into what is a professional, responsible borrowing environment. Relationship lending – and the strength of the relationships we enjoy with our customers - is at the very heart of our operations. In fact, our business model is underpinned by it.

As traditional lenders slowly disappear from the high street, we now have a branch presence in over 70 in towns and cities all across the UK – from Scotland to the south coast on England.

Once you’ve completed a short initial loan application online or over the phone, our professional and knowledgeable colleagues will sit down with you to find out more about you and your financial situation.

In a face-to-face setting, together, we’ll look through bank statements and review your existing financial commitments to really understand your needs. There’s nothing to worry about - we use ‘soft search’ technology to find out how we can help you whilst protecting your credit file.

We’re absolutely focused on affordability and do everything we can to ensure that we only lend what can be comfortably repaid. This means that our straightforward loan offer will be bespoke to you.

Because we are an independent loan provider – and based on our customers’ interests and individual circumstances – we’re able to be particularly flexible in terms of when and how much to lend.

Those who borrow from us are as varied as their financial needs and we believe that our unique tailored approach provides them with the most suitable financial solutions.

Whether you are borrowing to consolidate debts, improve your home or make a special purchase, we can assure you that you will always be more than just a credit score to us.

Posted in Press Release on Oct 11, 2020.

Representative Example: Borrowing £3,000 over 24 months at an interest rate of 71.3% p.a. (fixed), you will repay 24 monthly payments of £238 per month. Interest Payable £2,706. Total Repayable £5,706. Representative 99.9% APR.

Jason Bovington - COO

Jason BovingtonJason became Chief Operating Officer in July 2022. He joined Everyday Loans initially in 2006 as part of the start up team implementing the credit risk strategy and building the analytical capability as Head of Credit Risk and Analytics. In his time with Everyday Loans he has also held the roles of Chief Risk Officer and Chief Credit Officer. Prior to joining Everyday Loans Jason spent 10 years at HFC Bank with his last role there being Credit Risk Director and prior to that he was part of the Credit Risk team at Lloyds TSB.