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Rated 1 out of 5 stars

Don't applied loan they selling your personal data to vendor recently more time try to closed account and send mail not respond and also customer care number is fake

Rated 1 out of 5 stars

They've got 1 star because you cant give any less. These leeches continually harass and pester people for payment at time when the whole country is on lockdown and people have lost their incomes. Abso... See more

Company replied

Rated 5 out of 5 stars

Could not fault this Company. Tried Amigo, desperately poor service (30mins hold queues, pedantic details, etc). Tried Buddy Loans, they were lightening fast, courteous, patient, didn't have major c... See more

Rated 2 out of 5 stars

I'm sure this is an alright company to be with, as good as any other bad credit lender. My review is solely based on the pre approved pending checks just to be told i'm not elegible anyway, i'm aware... See more

Company details

  1. Non-bank financial service

Written by the company

BuddyLoans is a personal finance resource that connects potential borrowers with financing opportunities


Contact info

2.3

Poor

TrustScore 2.5 out of 5

3K reviews

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Rated 1 out of 5 stars

Awful company, DO NOT USE

I took out a loan 18 months ago and they are a horrible, overly greedy, unhelpful company and I would NEVER use them again, be careful because they add loads of sneaky clauses into the contract to ensure they can charge you high Interest rates, they have started charging me more interest for no reason despite making my payments on time, NEVER USE THIS COMPANY! They are unhelpful, harassing if your having any issues (they will email you every second of the day with threats and demands) they harassed my guarantor constantly despite me being in contact with them constantly and the interest rates are HIGH, only direct debit that comes out at midnight they that greedy.. go else where or you will regret it, the staff are not helpful at all.

6 September 2021
Unprompted review
Rated 5 out of 5 stars

i have had a really bad time recently…

i have had a really bad time recently and to just have such a pleasant and satisfying call really has made my day. the lovely Jasmin i spoke to (apologies if that is spelt wrong!) was ever so helpful and really did her best and even allowed me to take a work call during our phone call. she was super and deserves much credit! thanks again guys one weight lifted from my shoulders now !

24 August 2021
Rated 1 out of 5 stars

If I could give zero stars I would

If I could give zero stars I would. They lent me money when I was In a really bad place financially. They hounded me day and night when I couldn’t afford to pay. The FCA investigation found that they had lent money irresponsibly. They then were told to return all the interest to me, this is when they really decided to hold on to the money as long as possible . When you want a loan you get money in 24 hours, when they owe you money it takes months . Extremely bad company with low morals who take advantage of people in desperate situations. Stay clear.

17 August 2021
Unprompted review
Buddy Loans logo

Reply from Buddy Loans

Good Afternoon Mr Probert
Thank you for your review. I have investigated the situation and the timeframes for the redress confirmed by the FOS has been provided to you. I am sorry to hear that you are experiencing financial difficulties, if you require financial advice please contact Payplan or Stepchange who will be able to assist you further.

Thank you
Sarah: Compliance

Rated 5 out of 5 stars

Can’t thank your team enough for…

Cant thank your team enough for what they have done for me ..!! I requested to speak to one adviser only . That’s for my personal choice and found it easier than explaining every time to different advisors . My advisor Rebecca (Becky) has been an absolute Star , amazing communication , understanding , knowledgable and advised me accordingly to my personal circumstances that changed through the pandemic ..!!! Thank you to everyone in the team, nothing was forceful or pressured unlike some company’s ..!!

Regards
Miss S McCallum

17 August 2021
Rated 1 out of 5 stars

False advertising and no communication

5 days ago I applied for a loan, despite their claims of ‘instant decision’ i still had to wait 5 days for a response. All criteria was met so acceptance on the loan should have been easy. However, I received a text today which informed me that my application had been declined due to not meeting the criteria. I called the customer service department to question their decision and inform them of my frustration, i was then informed that the company is not currently lending due to their systems being updated. I waited 5 days to be told the company is not currently lending an absolute joke. I would also like to add that i called every day i was waiting to see if there was an update on my application yet the only response i got was ‘your application is currently with our underwriting team and they will contact you shortly’ well that’s clearly a lie if no loans are being given at this moment in time. Falsely advertised the ‘instant decision’ decided not to inform me that lending isn’t possible at this time and have had me waiting 5 days for nothing. An absolute train wreck of a company. Unsatisfied is an understatement!

9 August 2021
Unprompted review
Rated 2 out of 5 stars

I will give them 2 stars only as no…

I will give them 2 stars only as no really customer service even if on their web site is saying payment in 24 h if everything is done online . 24 h passed , on app it says they are still checking …. No phone calls no emails .

5 August 2021
Unprompted review
Rated 2 out of 5 stars

Waste of time for most people desperate enough to actually pay 49% APR

I'm sure this is an alright company to be with, as good as any other bad credit lender. My review is solely based on the pre approved pending checks just to be told i'm not elegible anyway, i'm aware of this thats why I want a guarantor loan at 49% I don't like throwing money away. I had the understanding that this company could help bad credit lenders but they didn't even try to speak to me or the nominated guarantor.

3 August 2021
Unprompted review
Rated 5 out of 5 stars

Had a really bumpy road with buddy…

Had a really bumpy road with buddy loans, they’ve helped me but had ups and downs through lockdown, rang today to say my daughter has been in hospital which means my pay had been lower than usual and wouldn’t be able to meet the payment, everything was sorted quickly and efficiently and I thank them for that, I wouldn’t recommend them but I’d thank them, being stuck in a loan with a guarantor isn’t for anyone, but they can help with the situation once you’re stuck in it. Thanks buddy loans.

26 July 2021
Rated 5 out of 5 stars

Buddy loans have been absolutely…

Buddy loans have been absolutely brilliant.
The are helpful understanding and there staff are very polite.
I would highly recommend them.
So thank you buddy loans for all your help and support .
Many thanks
E Harris .

9 July 2021
Rated 5 out of 5 stars

Amazing customer service

Amazing customer service, Really helped me in a time of need. Didn’t make me feel pressured or anything after losing my job and missed one payment. Completely understanding of my situation and working with me aswell to resolve it. Not like other loan companies who harass you, Buddies are there to help. I would recommend Buddies to anyone as they have the clients best interests. Thank you Buddies for your continued support.

7 July 2021
Rated 5 out of 5 stars

AAAA+++++

Just paid off my loan last month and everything was fine, took a little longer than expected to finally get the money but that's because they check, check, and check again everything is fine before paying out. but everything was fine in the end money was paid same day and payment plan worked great,

26 June 2021
Unprompted review
Rated 1 out of 5 stars

AVOID!!

Terrible company from the beginning. They take less money from the direct debit each month and prolong the loan and interest gained. I wouldn’t trust this company as far as I could throw them. Very poor and I can’t wait to get rid of them.

Complaint was raised which took them 8 weeks to the day to ‘resolve’. Nothing was resolved despite them admitting fault. Case now raised to the ombudsman.

I would seriously avoid this company at all costs.

25 June 2021
Buddy Loans logo

Reply from Buddy Loans

Thank you for your feedback, we are sorry that you believe your experience with Buddy Loans has not been of the high quality we expect. With the unprecedented impacts from Coronavirus we have a larger volume of customers who continue to require financial support which we are providing where appropriate. We have reviewed your circumstances and will be in contact to discuss further.

Rated 5 out of 5 stars

Highly recommended

Amazing service interest was very good in fact the lowest I could find!! I would highly recommend this company we were in desperate need and with the help of buddy loans and my brother within a couple of days we were back on our feet

22 June 2021
Rated 5 out of 5 stars

I was a little unsure about applying…

I was a little unsure about applying for a loan but I gave buddy loans ago and I must say that I made the best decision where it concerns going to them

They are so helpful and make you feel so comfortable to be able to talk to them especially Rebecca Pegg I just feel so much better in myself before and after she has helped and advised me with my payments

from having our little conversations (which is mainly crying about my life) but she always knows the right things to say and is ever so helpful I can’t thank her enough I hope she see’s this to I don’t know you but you have a beautiful soul Becky lol

28 May 2021
Unprompted review

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