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1plus1 Loans

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Consumer direct lender offering guarantor loans for diverse credit ratings.

Overview

1plus1 Loans operates as a consumer direct lender that specializes in providing guarantor loans to individuals with various credit ratings. The company employs artificial intelligence and machine learning to facilitate the loan approval process, which allows for rapid assessments of applicants' financial information. Their loan products range from £1,000 to £10,000, with repayment terms between 12 and 60 months. The company aims to enhance affordability and provide access to loans for individuals with poor credit ratings. 1plus1 Loans targets those who may have difficulty obtaining affordable financing and emphasizes responsible lending practices and efficient service to ensure timely support and disbursement of funds.

Key facts

Founded
2013

Business model

Contact

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About 1plus1 Loans

What does 1plus1 Loans do?

1plus1 Loans operates as a consumer direct lender that specializes in providing guarantor loans to individuals with various credit ratings.

Where is 1plus1 Loans headquartered?

1plus1 Loans is headquartered in Accrington, United Kingdom.

When was 1plus1 Loans founded?

1plus1 Loans was founded in 2013.

Which sector is 1plus1 Loans in?

1plus1 Loans operates in Digital Lending, part of Financial Technology.

Who are 1plus1 Loans's competitors?

Companies similar to 1plus1 Loans include Savvy Loans, Credit Culture, and Nimble.