X
Menu

Bamboo Loans

49.7% Representative

Will lend between: £2,000 - £15,000

Over: 12 - 60 Months

Representative example: If you borrow £2500 over 24 months at a representative interest rate of 49.7% APR and a fixed annual interest rate of 41%, you'd pay 23 monthly repayments of £154.32 and a final payment of £154.38. The total charge for the credit would be £1,203.74 so you’d pay back £3,703.74
Customer questions answered: 2

Compare UK direct lenders.

The quickest way to find the best loan.

  • Quick and easy filters.
  • All products in one place.
  • Compare important product details.
Compare Loans

Bamboo Loans customer reviews.

30932 reviews

4.9 out of 5 stars

Apply Now

Our review of Bamboo Loans

Bamboo Loans are a Southampton-based lender, set up in 2014. They offer unsecured personal loans of £1000 to £8000, repaid over 1 to 5 years. Bamboo loans exist to help those who maybe cannot be helped by highstreet banks. Although they have a Representative 59.7% APR the rates they offer are tailored to each customer’s circumstances and so will differ by individual.

Reviews for Bamboo Loans online are excellent, TrustPilot has a number of reviews commending the simplicity of their application process, the speed of payout and the efficiency of their staff.

My verdict: Bamboo Loans are a reputable loan provider with all the main product features you’d expect from a modern lender. Praised heavily for their simple application process and friendly customer service you are sure to have a good experience with Bamboo. However, be sure this is the right product for you as if your credit history is squeaky clean there are cheaper options available.

 

 

Written by: Alex
Highlights
  • You don’t need perfect credit history
  • Quick approval
  • No fees ever
Minimum criteria
  • You must be at least 21 years old
  • You must be a UK resident (excluding Channel Islands or Isle of Man)
  • You must not be bankrupt
  • You must be able to afford the monthly payments
Fees
  • Maximum APR 69.9%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

Bamboo Loans Customer Question & Answers

Ask a Question
Total question and answers: 2
Question:
If I have a good credit hestory and have a full time job. Do I still need to have a guarantor or not
Obidullah dustokheil , at 5:37am 11/03/17

Answer:

At Bamboo we offer both unsecured personal loans and guarantor loans. You can get a free quote on our website with no impact on your credit score, and based on our quick check if you are eligible you will be given a choice of unsecured or guarantor loans. See which loan you can apply for at www.bambooloans.com. Representative 49.7% APR. Kind regards, Bamboo.
Answered in 2 days by Dear Obidullah dustokheil
Question:
I have applied for a loan and was approved for how long is the approved letter valid or should i re-apply?
Benediktus Isaaks, at 9:03am 15/02/17

Answer:

Dear Benediktus Isaaks, If you have made a Bamboo loan application, please just contact our customer service team on 0330 045 0490 or email us at customer@bambooloans.com with your details so we can look into this and get back to you as soon as possible. Kind regards, Bamboo.
Answered in 3 hours by Dear Benediktus Isaaks

About Bamboo Loans

Southampton-based Bamboo Loans offers online personal unsecured loans between  £1,000 and £8,000. It is worth noting that if approved, the actual rate you’ll be offered will be determined by your personal circumstances and credit profile.

A Bamboo loan can be used for a variety of things, ranging from home improvements, dealing with an emergency or even consolidating multiple debts into one monthly payment. In order to apply for a loan with Bamboo you must be a UK resident (not from the Channel Islands or Isle of man), at least 21 years old,  have a valid UK debit card, not be bankrupt and of course, be able to afford the monthly payments. If you tick those boxes Bamboo, will consider every case individually and will look at your unique circumstances before making a decision. This means if you are yet to build up a good credit history, Bamboo will still consider you for a loan.

If you want to check whether or not you will be accepted for a Bamboo loan and compare them against similar products then click “Will I get accepted?” above and start a Choose Wisely loan search. It takes 2 minutes and won’t impact your credit score.

Company information

Registration number: 05629336

www.bambooloans.com

0330 045 0490

Bamboo Limited

FCA registration

Reference No: 720565

Trading names: Bamboo Limited

Place of business:Bamboo Limited, 1st Floor, Greenville House, Nelson Gate, Southampton, SO15 1GX

Data protection registration

Registration No: Z1380902

Data controller: Bamboo Limited

Address: Bamboo Limited, 1st Floor, Greenville House, Nelson Gate, Southampton, SO15 1GX

Apply Now
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk