Different Money

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Company Information

  • Company Name:
    Different Money
  • Website Address:
  • FCA IP:
    08330523
  • Business address:
    Different Money Ltd, Moseley Hall Farm, Chelford Road, Knutsford, Cheshire, WA16 8RB
  • Phone number:
    0800 952 8888

Different Money is a provider of instalment loans that help consumers with short term money shortages. As a financial services provider, Different Money is devoted to helping clients find the right product for their unique situations. Different Money practices responsible lending by carefully analyzing each client’s conditions to determine what loan amount and instalment option is best. Personalized service and secure business are guaranteed, and Different Money is regulated by the Financial Conduct Authority.

APPLICATION REQUIREMENTS:

To be eligible for a loan through Different Money, applicants need to be at least 18. They also need to have a valid UK bank account. They must be employed and receive a regular pay cheque. In addition, they need to be residents of the UK and have both an email address and a mobile phone.

LOAN AMOUNT AND CHARGES:

Our instalment loans range in amount from ¬£150 to ¬£2,500. There are no administration fees charged onto a borrower’s account for one of our loans. However, borrowers will pay interest at a rate of between 0.8% per day and 0.34% per day. There are no repayment fees added on if the client wishes to pay off the loan early.

PROCESS:

Before applying for a loan, clients should consider how much money they need and calculate the costs that they will have to cover to receive a loan of that amount. Then, applicants need to fill out the online application and submit it for consideration. After reviewing the application, Different Money will decide whether or not the applicant will be approved and send out a loan offer if the applicant is approved. Then, the applicant can decide to agree to the loan terms and submit the loan agreement. At this point, the loan funds will be directly deposited into the client’s account within 24 hours and sometimes within as little as three hours.

PAYMENT:

Instalment loans provided by Different Money can be paid back in any of several different ways. Payments can be made online with the client’s MyAccount area feature. Also, payments can be made through a standing order, by calling in the borrower’s payment information, or by direct bank transfer or a Continuous Payment Authority.

99 Reviews of Different Money have been submitted - read the latest 3 below

A Different Money instalment loan was the perfect solution to the cash crisis I was having and now that I have experienced my first ever instalment loan with them I have a feeling I will be using this loan facility again and provided Different Money are still offering such good rates I will in all probability go back to them for another loan. I had no idea this type of loan facility was so readily available and so easy to apply for. It puts my bank to shame who have never really been very eager to give me a loan. I won't need to worry on that score any more now that I have discovered Different Money.

Review posted by Pam Skillern, Reigate

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

My son was in a bit of financial trouble and came to me for help. I couldn't raise the money he needed in time but what I could do is take out an instalment loan with Different Money. I had used them once before and had a very good response from them so I knew the loan wouldn't be a problem. As with the previous loan Different money gave me an almost instant approval and by close of play that day they had finalised the loan and transferred the money to my bank account which has shown up in my account this morning. I'll be making an instant withdrawal and handing it over to my son. I just wanted to say thanks to Different Money but maybe it should be my son doing the thanking. I won't be holding my breath!

Review posted by Dennis Chatterton, Solihull

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I really felt I had to write and say how delighted I am with how quickly and efficiently Different Money sorted out this instalment loan for me. I had never used an online loan company before and was rather nervous about the whole thing but from the moment I logged onto the Different Money website everything just seemed to go smoothly. I was in rather a hurry for the money but I really wasn't expecting to get this loan approved so quickly and have the money in my bank account within less than 24 hours. If I ever find myself needing another loan like this I will almost certainly go back to Different Money because I have been so impressed with them I think they would be a hard act to follow.

Review posted by Sandy Ridgeway, Colchester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money