Pixie Loans Login @ www.pixieloans.com
Pixie Loans has been one of the fastest growing payday lenders since arriving back in 2014. They have grown quickly without any major advertising (TV or web). Their product was initially pitched to cater short terms between 7 and 40 days. The amounts of £100 to £400 could be accessed by first time users and £1000 for those returning. There has however been a recent restructure of their service that now delivers terms of 1, 2 or 3 months. The new user sums are £150 to £650 with the same £1000 on return. When borrowing over a single month you pay £48 per £200 whilst for £300 over 3 months the charge is £154.24.
As an industry newcomer it was important to quickly establish their brand and build customer loyalty. This was achieved well, but they did certainly have plenty of competition from other companies launching in 2014. A few examples include Credio, Money Boat and Quidie. It would obviously take many years to start biting into the market share of the market leader (Wonga). The decision to switch to the instalment space isn’t surprising since lenders are looking to push customers on to longer contracts for greater profits. In moving across they have however entered an overcrowded niche filled with many high profile firms such as Mr Lender, MyJar, PaydayUK, Peachy, Satsuma and The Money Shop.
The design of www.pixieloans.com has been crafted to a high standard. This website has a professional look and effectively makes use of catchy graphics. Since launch there has always been a Pixie Loans login facility attached. Once logged in you can keep track and make payments (overpayments or settlements). This lender collects by Direct Debit and so if a full settlement is initiated then it will be important to complete this in good time before the repayment due date. When you need assistance, you can reach their support team during the week between 8am and 8pm and they also open for a few hours on Saturdays from 9am to 1pm.
Market Share Ranking 2017…
Pixie Online Loans Login Rank: #84