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LoanPig Reviews

Rated 1.7 based on 18 Reviews

657 Liverpool Rd, Irlam, Manchester M44 5XD

Financial Services Manchester

Published on
August 22, 2025
Last updated
August 22, 2025

Reviews Summary

Overall sentiment in recent reviews for this loan service company is overwhelmingly negative, with customers frequently expressing dissatisfaction about misleading practices and poor outcomes. Common feedback includes complaints of being redirected to multiple lenders, only to be rejected or faced with terms inconsistent with initial advertisements. Many reviewers report a surge in unwanted spam messages and concerns over misuse of personal information.

The dominant themes center on lack of transparency, particularly the distinction between being a direct lender versus a broker. Reviewers cite being misled by initial promises, encountering hidden fees, and a failure to provide straightforward loan offers. There is also widespread reporting of aggressive follow-up communications, such as repeated unsolicited texts, and worries about potential impacts on credit ratings. Criticisms extend to negative experiences with customer service and perceived lack of legitimacy.

Based on these reviews, the company's reputation is viewed very unfavorably. There is a strong consensus among customers that the company does not deliver as promised, instead generating inconvenience and risk. The reputation in the financial services space appears especially poor with significant trust issues and few, if any, positive signals from clientele.
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What Customers Are Saying About LoanPig?

Trustguide extracts key phrases from reviews about LoanPig and sort them by sentiment. This gives you a quick view of what customers consistently praise or raise concerns about—without needing to read every review.

Satisfaction Score

Based on the set of reviews used to generate this report, it appears that 0% of LoanPig's customers had a positive experience.

Positive
0%
Neutral
0%
Negative
100%

LoanPig Ratings

1

As of Based on 18 revies as of Aug 22, 2025

LoanPig Score

0%

As of Based on 18 revies as of Aug 22, 2025

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Customer Reviews

As of Aug 22, 2025, 18 customers have reviewed this business and rated it 1.7 Star out of 5. Trustguide conducted an in-depth analysis of LoanPig's publicly available reviews View source

k martin rated LoanPig 1 stars
5 years ago
I applied online for a small loan and received a message on screen within a minute to say they could help me. They provided me with a list of four lenders. Initially, I thought a loan had been finalised. However, I then saw that apparently, I had a high 80% chance of being accepted by these lenders. By clicking the link, I presumed my details would be transferred to the lenders' sites. No, I had to reapply and fill in all my details again. I was then turned down by all the recommended lenders. Then I was bombarded with spam texts all night (every 10 minutes or so) from a multitude of dodgy-looking lenders, one of whom was trying to charge me a £100 upfront "arrangement fee". I presume this has ruined my credit rating all in one evening, since I have no idea which have run separate credit checks on me. A waste of time, a load of hassle and misleading in that their initial message suggested they could help me, when obviously they couldn't. Never again.
Dave Wright rated LoanPig 1 stars
3 years ago
I applied for a loan with your company on the basis you offer £50 for 1 month to then wait 3 minutes to be redirected to not even a 3rd party loan site or anything.. instead I get passed on to a site that basically just gives you information about loans. I'm now getting bombarded with texts from other loan company's that don't even help either!! If you want proof il attach a photo aswell very poor advertisement as not a direct lender at all as if was a direct lender you will send a text or an email providing an out come of your decision.. I then get a text message from you saying you found more lenders for £100 when i applied for £50 avoid at all cost
Crim K rated LoanPig 1 stars
3 years ago
False advertising, claim you can borrow as little as £50 for 1 month leading you to believe a one off payment will be required and after you enter all your details and it finally processes... it goes to a £100 agreement to be repaid back over 4 months! Now I'm being spammed with messages for something I clearly did not request. Just a greedy company looking to financially cripple you.

Frequently Asked Questions About LoanPig

Is this company a direct lender or a broker?

According to several reviews, the company operates as a broker rather than a direct lender. Applicants are redirected to other lenders and may have their information shared with multiple third parties.

Am I likely to receive spam or marketing messages after applying?

Many reviewers report receiving frequent unwanted texts and marketing messages from various lenders or brokers after submitting their details, even if they do not complete a loan arrangement.

Will my credit score be affected by applying?

Several reviews express concern that applying may lead to multiple separate credit checks by different lenders, which could negatively impact your credit score.

About LoanPig

Financial Services
This company operates within the consumer finance sector, specializing in facilitating small personal loans through an online platform. Customers input their personal and financial details via the website to be matched or connected with potential lenders for short-term loans ranging from as little as £50 and above.

The company conducts business digitally, collecting applicant information online and subsequently redirecting users to partnered or third-party lenders. The process involves applicant screening and transferal of provided data, with outcomes and terms determined by the affiliated lenders or brokers rather than the company itself. Customer contact may include follow-up messages or offers from a network of lenders.
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How is this report generated

Trustguide generates concise, neutral summaries of business reviews. By analyzing publicly available feedback from reputable platforms, it highlights common experiences, praises, and concerns. This allows users to quickly understand a business’s reputation without reading every individual review.4o
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