Tooth Fairy Finance

What you need to know:

Tooth Fairy Finance does things a little bit differently. They offer loans over only two periods – either 14 or 28 days. They also only offer three loan values – £100, £200 or £300. What’s more, their interest is set at 9% per week. Therefore, if you take out a loan of £100 over the course of two weeks then the total sum you will be due to repay to Tooth Fairy Finance will be £118.

You can apply for a loan from Tooth Fairy Finance either online or by SMS.

Criteria:

The criteria for Tooth Fairy Finance are relatively standard – you must be over the age of eighteen years old and have lived in the UK for more than five years (people not born in the UK are still eligible for a loan from Tooth Fair Finance). You must also be earning a regular income and have a valid UK debit card.

Customer Service and Complaints:

There is very little in the way of customer reviews of Tooth Fairy Finance – they are still a relatively small player in this sector. Of the customer reviews that do exist, some people have reported difficult in contacting Tooth Fairy Finance.

Overall:

Tooth Fairy Finance is one to watch. Their SMS facility gives users on the go a new and easier method for applying for payday loans. The interest rate charges are also more transparent than other lenders and make it easier to acquire quick credit over the space of only a week and NOT be charged for the full month.

Txt Loan is a similar service that offers speedy payment and a small interest charge over the course of a week. Wonga is one further alternative.