Evlo Personal Loan
OUR RATING
Loan Amount
Total Payable
Monthly Repayment
Representative APR
Representative example will update based on your input.
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Use our calculator to see illustrative rates. After that, check your eligibility to get a customised rate from this provider and a panel of others without any impact on your credit score. Representative 18.6% APR.
Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
Our Verdict
Evlo, formerly known as Everyday Loans, is a personal loan provider that specialises in helping individuals with a less than perfect credit history. They offer loan amounts ranging from £1,000 to £15,000, with repayment terms from 18 to 60 months. A key differentiator for Evlo is their branch based service model. This means that you can have a face to face consultation with their customer support during the application process. This can be particularly beneficial for borrowers who prefer discussing their options in person or need additional support. While interest rates can be higher, depending on your personal situation, the ability to interact directly with their customer support team can provide a level of guidance and reassurance that other lenders may not offer. Each application is assessed based on its specific circumstances. It's important to carefully consider your financial situation, understand all potential interest rates, and compare all available options before deciding on a loan.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
| Issuer | Evlo |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Monthly |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £15,000.00 |
| Minimum Loan Term (months) | 18 |
| Maximum Loan Term (months) | 60 |
| Customer Type | New or Existing Customers |
| Relationship | New or Existing Customers |
| Acceptance Criteria | Minimum applicant income £10,000 per annum |
| Minimum Age | 18 |
| Maximum Age | 75 |
| Debt Consolidation Limit | £15,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
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Representative 18.6% APR
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Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited who acts as a credit broker, not a lender.
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