Write a review

The Money Platform: Payday Loan reviews

Name: Payday Loan
Rating: 3.86 (7 reviews)

View other The Money Platform products

3.86

Based on 7 reviews, last reviewed 6th Nov 2022

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

71%

4 star

3 star

2 star

29%

Latest highest rating:

5

Professional and Flexible Great company can’t fault, they listen and help you exactly how you need, managed to move my payment dates with no extra fee, hassle free! Thank you f... Read more Reviewed on: 6th November 2022

Latest lowest rating:

1

DO NOT USE THIS COMPANY THEY PREY ON THE MOST VULNERABLE AND WHEN HELD ACCOUNTABLE FOR THEIR IRRESPONSIBLE LENDING BY OFFICIAL BODIES (FOS OMBUDSMAN) THEY DO NOT COMPLY WITH ... Read more Reviewed on: 27th May 2022

Read all reviews Write a review

About the Payday Loan

On Smart Money People, we have The Money Platform payday loan reviews from people like you, who come here to share their experiences of using this company. Consumers tell us about things like customer service, value for money, interest rates of the loans, and anything else they liked or disliked about using The Money Platform to find their short term loan. Or have you already had a payday loan from The Money Platform? Please share your own experiences by leaving a review and you'll be helping others make better decisions!

Review The Money Platform: Payday Loan now

Help others make smarter decisions by sharing your own experience.

Write a review

The Money Platform Payday Loan reviews (7)

Professional and Flexible

Great company can’t fault, they listen and help you exactly how you need, managed to move my payment dates with no extra fee, hassle free! Thank you for your service! Reviewed on: 6th November 2022

Fairer Lending Company

I have borrowed from the money platform and it has always been a good experience - would recommend to others, thank you to the team for all your support Reviewed on: 5th August 2022

DO NOT USE THIS COMPANY

THEY PREY ON THE MOST VULNERABLE AND WHEN HELD ACCOUNTABLE FOR THEIR IRRESPONSIBLE LENDING BY OFFICIAL BODIES (FOS OMBUDSMAN) THEY DO NOT COMPLY WITH LEGALLY BINDING OUTCOMES. DO NOT USE YOU WILL BE SCREWED OVER IN EVERY ASPECT Reviewed on: 27th May 2022

Blackmailers

Company failed to take my payments, citing an error with their payment provider. They reacted by taking all payments without any notice at a later date, when there wasn't sufficient money in my account to do so. This took me into an unarranged overdraft and unable to buy food. This wasn't authorised. I authorised their payments when I made them. If there was a processing error that's their fault. They should have 1) notified me and 2) made alternative arrangements. Instead they bank dipped me and left me penniless. Avoid. Jokers and scammers. The arrangement fee is an attempt to circumvent the 0.8% maximum per day a loan should cost. I have advised the FCA of their practices. Edit: TheMoneyPlatform contacted me with the following: "as a gesture of goodwill, we can agree to compensate you with £50, despite this situation being completely out of our control. Please confirm if you would like to accept this offer and we will be more than happy to set this up for you." Then shortly after accepting their goodwill gesture, I received the following: "Hi Lee, So we can agree to this, however, we have just seen your review on our Trust Pilot. Whilst we appreciate your frustrations, we will need you to remove this review for us to compensate you. Please confirm once the review has been removed and we will be able to transfer the funds across for you. Kind regards, The Money Platform" The company, in full knowledge that they have left me in a perilous financial situation, tried to use this to their advantage and blackmail me into removing what was a completely honest and accurate review. Reviewed on: 16th March 2022

Showing 4 of 7

Do you have a different The Money Platform product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Are you a business? Get insights, reply to reviews, invite customers and understand their needs

There's still more to see!

The Money Platform has a range of products available. Check the ratings of each product to find the right one for you. View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View more news and guides