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Bambo Loans Reviews [Read Our Expert Opinion]

Jane Wardle

Written by Jane Wardle on July 12, 2018

Updated July 12, 2018

Bamboo Loans

Overall Rated: 4.3 / 5


Getting a loan through Bamboo Loans is relatively easy. It merely requires a three-step process beginning with information from the customer. Customers must show identification, such as a driver’s license, birth certificate or another form of ID. They also have to show proof of employment and residency, but the initial check does not impact the customer’s credit score.

In the second step, information is handed over to the loan officer to assess and determine the ability for Bamboo Loans to secure the loan with the client based upon the information from the first step. This only takes a matter of minutes, so there is no significant wait time.

The third step involves giving Bamboo Loans a bit more personal information once the decision has been met. This information includes name, phone number, and email address. The entire process takes less than 10 minutes through their online format and money can be deposited into the account in 24 hours.

Guarantor loans from Bamboo Loans can be from £1,000 to £8,000 while unsecured loans range from £1,000 to £5,000. Both loan types range from a repayment period of between 12 and 60 months depending on the repayment needs of the client.

Trust & Reputation

Rated 4.3/5

Honesty and integrity are not always a part of the loan industry, but Bamboo Loans works to maintain their high reputation status with every loan they secure. Thus far, the company has helped thousands of individuals secure necessary funds while maintaining a high ranking of 9.7 out of ten on independent review site, Trustpilot. That is an impressive feat considering Bamboo Loans has been reviewed ver 4,500 times. Unlike other loan companies that require a lengthy process, Bamboo Loans allows for customers to accomplish the entire process online. Although there is an option to contact the company directly should any issues arise regarding repayment plans and hardships.

Expertise & knowledge

Rated 4.3/5

Loan companies come in many types, but what makes a company is their ability to provide exceptional service to customers and to stand out high enough to gain accreditation from loan awards given throughout the year. Bamboo Loans has continually won awards, and most recently, they were voted as a finalist in the 2017 Consumer Credit Awards.

Earlier in 2017, Bamboo Loans also was awarded the Consumer Credit Award for Best Personal Loan Provider for 2017. Between the outstanding reviews and many awards for the company, Bamboo Loans has quickly climbed to the top of the market for the UK.

With Bamboo Loans, consumers not only get the opportunity to work with an award-winning loan company but also enjoy a company that understands the needs of customers. The fact that Bamboo Loans is a smaller company means that they can customise loan options better to fit with customers, so should the need arise in which a payment schedule needs to be changed or a readjustment of the loan, clients need only to call and make arrangements with the company.

Customer Service

Rated 4.3/5

Companies are grown through their customer service representatives. At Bamboo Loans, customer service is a high priority. The 96 employees of the company work with customers directly or through their online services to ensure that their needs are completely met. This company is growing considerably, and customer service representatives from Bamboo Loans offer a professional, yet an understanding option for customers rather than a set of stringent guidelines like some national loan brands.

Whether you are looking for a guarantor loan or unsecured loan for any purpose, calling Bamboo Loans and talking to one of their highly skilled customer service representatives will give you the opportunity to speak to someone who understands your needs and enjoys seeing people change their circumstances through their loan services.