Bristol Finance

Summary

Good:
The cash is paid out very quickly and is delivered to your door

Bad:
Really high rates of interest so you could pay up to £55 back on a £100 loan

Verdict:
Doorstep lenders usually have bad reputations but this is a small company who work on family values - not the worst out there but only use as a last resort as it is very expensive

Bristol Finance offers small, unsecured, personal loans between £30 and £1,000, which is really great if you only need to borrow a small amount. Be aware though that the most you will repay on a £100 loan is £55 so it is very expensive. They are a doorstep lender which means an agent will come to your house to discuss the loan with you and the cash will also be delivered to your house. An agent will come weekly (or whenever arranged) to pick up your repayments.

Doorstep lending has not got the best reputation but Bristol Finance are a small, family-owned finance company. Most of their agents tend to be women who are working for them part-time, which could be less threatening compared to some of the agents from other doorstep lenders. They can help you if you know you aren't going to be able to make a payment on time, possibly avoiding any late charges or default fees. If you don't have good credit and this is one of your last options, this is more than likely a better company to go with as opposed to Greenwood or Provident as they are smaller and family-run.

To apply, you will need to either give them a call or complete the form on their "Contact Us" page on their website. A representative will get in touch with you the same day to discuss the loan.

How much will it cost to repay a Bristol Finance?
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Loan Details
APR
365.1% - 401.4%
Representative APR
365.1%
Loan Amount
£30 - £1,000
Repayment Period
Minimum Term 14 weeks

Loans up to £1,000 - 10 months
Repayment Method
An agent will deliver the cash to your door
Speed to Payout
24 hours
Arrangement Fee
-
Payment Holidays
None Available
Income Protection Available
No
Average Customer Review
Acceptance Criteria
  • You do not need to be employed. It doesn't matter if you are a carer, on benefits, on Job Seeker's Allowance or a homemaker
  • You must have been a UK resident for one year or longer
  • You do not need to have a good credit history
  • You need: proof of ID
  • You do not need to have a bank account or direct debit facilities
  • You must be 18 years of age or older to apply
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