Sunny

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Company Information

  • Company Name:
    Sunny
  • Website Address:
  • FCA IP:
    594425
  • Business address:
    27/28 Eastcastle Street, London, W1W 8DH
  • Phone number:
    0800 7315 444

Sunny (Sunny.co.uk) is a UK-based short-term lender that provides a multitude of financial products. The company’s most popular product is its payday loan. Sunny boasts that it is different from all other providers because it uses a system of transparency, fairness and honesty. The company lists its terms on its site so that new borrowers will know exactly what they will have to pay. Additionally, Sunny gives its borrowers a five-day period during which they can change their minds about the cash advance. The company is one of the only short-term lenders to make such a fair gesture.

APPLICATION REQUIREMENTS:

Applicants will have to fulfill three requirements before they can apply for short-term loans with Sunny. First, all applicants must be over the age of 18. Secondly, applicants must have a United Kingdom address. Thirdly, applicants must have a valid United Kingdom bank account with an attached debit card. The UK bank account should be open for at least 90 days, and it should be clear of negative transactions. Negative transactions include insufficient funds transactions and account overdrafts. The company recommends that an applicant have a stable source of income and a healthy disposable income amount.

LOAN AMOUNT AND CHARGES:

A new applicant can apply for a short-term loan that is between £100 and £1000. The person can request to borrow the money for a period of three to 30 days. A £100 loan for a term of 30 days would cost the consumer £28.99 in interest. A £500 loan for 30 days would close the consumer £144.99 in interest.

PROCESS:

The application process is quite simple for a Sunny loan. The consumer would first complete a brief online application. The company will provide an instant decision, and it will deposit the funds into the borrower’s account within 15 minutes. The borrower can spend the funds as he or she desires, and the company will deduct the payment from that person’s bank account debit card on the scheduled payment date.

PAYMENT:

The borrower can choose a repayment plan that best fits his or her situation. Sunny tries to schedule the repayments by the borrower’s pay dates. The borrower can select the single repayment option or up to three payments. Sunny is different from other lenders because it does not charge its customers hidden fees and charges. Every step of the borrowing process is straightforward and honest.

297 Reviews of Sunny have been submitted - read the latest 3 below

I use payday loans a lot and I think percentage wise I use Sunny payday loans about 90% of the time. I sometimes try another lender just to see if they might work out a better lender to use but I always go back to Sunny Loans. I think maybe I should just stick with Sunny until something changes like they put their interest rates up too much and are no longer as competitive as they are now but i can't really see that happening any time soon because Sunny Loans have been very consistent and because of that I think that 90% may well turn into 99.9% in the near future. I always leave 00.01% just to be on the safe side!

Review posted by Mehmet Sunnil, Penge

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

I've been using Sunny payday loans on and off for a couple of years now and I really haven't had a single problem with the loans I have taken out with them. I always check what the interest rates are first but once I am happy that Sunny are still offering competitive rates I just go right ahead and apply for my loans with them. They have a really easy loan application process and I always get my money within an hour of applying which is a really nice feature of this loan company. I hated it when you got approved for a small payday loan and had to wait a couple of days for it. That's why I stopped using some other payday loan companies and went to Sunny in the first place and I have never looked back since. Sunny can give me the best loans as far as I am concerned.

Review posted by Rebecca Jackson, Leytonstone

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

If you know how to use the loan comparison websites properly it shouldn't take you very long to see that Sunny is one of if not the best payday lender at the moment. Apart from their rates being one of the most competitive, Sunny have one of the easiest websites to use and their loans are the most flexible when it comes to making the repayments. I've tried loads of payday loans over the years but I am firmly a fan of Sunny payday loans now and have no plans to use another lender for the foreseeable future. So because of that I have no problem in recommending them to other people because i really don't think they'll be disappointed with Sunny Loans.

Review posted by Adam Cleary, Dalston

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