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    Evolution Money: Personal Loan reviews

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    2.40
    Based on 5 reviews, last reviewed 20th Mar 2023
    No new 5 star reviews
    in the past 90 days
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    Latest highest rating:

    5

    Best 2nd charge Digital Journey I would Recomend Evolution Money for having the best digital journey in the 2nd charge lending space. The Evolution Money app allows Pre-approved Offe... Read more Reviewed on: 14th July 2022
    Matt M's avatar
    Matt M

    Latest lowest rating:

    1

    Biggest rip off out there I took a secure loan for £30,000 over 1 year ago and started paying £505 per month but they slowly increased the unrest rate each month now costing me... Read more Reviewed on: 20th March 2023
    Ross's avatar
    Ross
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    About the Personal Loan

    Looking for Evolution Money reviews from customers like you? Our Smart Money People community shares their Evolution Money personal loan reviews so that people like decide if this is the right loan for them. Or if you've already got a Evolution Money loan, please share a review of your experiences and comments with our community and you'll be helping others see what life as a Evolution Money loan customer is like.

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    Evolution Money Personal Loan reviews (5)

    Biggest rip off out there

    1
    I took a secure loan for £30,000 over 1 year ago and started paying £505 per month but they slowly increased the unrest rate each month now costing me £670 per month. After 14 months paying between £500/£670 ( roughly £7500 ) my balance is now at £30,360 due to interest + fees and charges. I can not believe how much of a scam this company is and still gets away with it avoid at all costs!! Reviewed on: 20th March 2023
    Ross's avatar
    Ross

    Amateur in sign up procedures

    2
    I seemed to go through 3 levels of sign up procedure only to fail on the final hurdle over something that was clearly obvious from the beginning . Not impressed . In fact they didn’t bother to even tell me I had not been approved , I had to phone up after a week of waiting and thinking I had been approved to find out I hadn’t … Reviewed on: 7th March 2023
    gezwilmot@gmail.com's avatar
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    Best 2nd charge Digital Journey

    5
    I would Recomend Evolution Money for having the best digital journey in the 2nd charge lending space. The Evolution Money app allows Pre-approved Offers and incorporates Open banking and Digital ID and as a result Evolution Money now have the indsutries fastes referral and pack back to fund times. Reviewed on: 14th July 2022
    Matt M's avatar
    Matt M

    Extortionate rates, extortionate resettlement

    1
    Having borrowed from Evolution Money over four years ago, I can stress in a humble manner, a personal experience: having made monthly payments, without any default, I was in a position to pay off my loan, very recently. I originally borrowed 10,000 pounds, and on asking for full 'early' settlement, I still owed 10,000 pounds, this after, well over 4 years of regular monthly payments. The figure of settlement included two months of interest on top, which was nearly 400 pounds! I have paid in full, rather than stay with these lot any longer. I suggest people are careful in their borrowing from Evolution Money. The reviews appear to be focused on customer skills, rather than monies owed. Please be careful. Reviewed on: 30th November 2021
    daniel Mohammed's avatar
    daniel Mohammed

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