Back to our lenders page


BingoLoans payday loans logo

Late repayment can cause you serious money problems.
For help, go to

Lender Overview

BingoLoans is an online lender which is based in the UK that offers short term instalment loans to help customers with their financial circumstances. If you are looking for a loan, you can apply to borrow any amount from £50 up to £1500, over a time period of up to 12 months. You can apply for a loan by completing their quick and easy to use application form online. You will start by entering some personal details and then they will ask for your financial information, like your monthly income and expenses. It is important that you provide accurate information as BingoLoans will use this to process your application. If you are approved for a loan, you may be asked to provide photo ID and a copy of your latest bank statement. It’s good to note that it costs absolutely nothing to apply for a loan with BingoLoans.

Transfer Time

BingoLoans is open 24 hours a day so, if your loan application is approved, they will transfer your loan funds to you as soon as possible. Occasionally your loan transfer could take longer than expected due to weekend backlogs or bank holidays, however BingoLoans will never charge a fee to transfer money to your account. If BingoLoans are unable to approve your application for any reason, they will pass you on to their panel of lenders so that you may still find a loan that is suitable for your circumstances with a different lender.

Loan Repayment

Your repayment instalments will be collected from the debit card that you entered into your application form by Continuous Payment Authority, which is also known as CPA. You must contact BingoLoans if you change your debit card details so that they can update your payment method to ensure a smooth repayment process. If you decide that you want to repay your loan before your scheduled repayment date, you can contact BingoLoans and request a settlement figure. They will only charge you interest for the days that you had the short term loan so the figure should be less that your original repayment amount.

Application Criteria

  • You must be over 18 years old
  • You must be a UK resident
  • You must be in permanent employment or be receiving a living allowance
  • You must have a UK bank account with a valid debit card
  • You must meet their credit criteria and affordability assessment


BingoLoans is authorised and regulated by the Financial Conduct Authority.


Instalment Loan

Min loan amount


Max loan amount


Min loan duration

1 month

Max loan duration

12 months

Visit Website

Representative Example: £300 loan for 3 months with 3 repayments of £152.65. Total Repayment £457.95. Interest rate: 292% pa (fixed). Representative 1261.0% APR