Red Wallet

1308.1% Representative
Loan amount:
£100 - £1000
Loan term:
Up to 3 months
Loan type:
Short Term

Red Wallet Loans is a short term finance company providing customers support with their short-term cash needs. We know that emergencies can occur at any time and could result in an unexpected expense and this is where we are here to help. Red Wallet aim is to provide the best customer service and a swiftness to make your application as smooth as possible while being honest and clear with our services.

Using our service means that we can lend new customers up to £500 and if you keep a good record with us we could increase this to £1000, this is all subject to meeting the affordability checks and your status.

Red Wallet Criteria

Age Requirement
Debit Card
Credit Checks
Other Requirements
Yes - See website for details
Same Day Transfer Available
Loan Value Available
£100 - £1000
Representative APR
Loan Length
Up to 3 months
FCA Registration Number
Loan Example
Borrow £300.00 for 86 days you would repay £434.01 in total in 3 equal monthly payments of £144.67. Interest charge £134.01. Interest is 292% pa (fixed). Representative 1308.1% APR

Red Wallet Review

Red Wallet is a UK licensed lender with the ability to provides loans to customers in the UK. The loans that they offer can be borrowed for up to 3 months and can be repaid back early with no penalty fees. Red Wallet offers a maximum loan amount of £500 for new customers and £1000 for existing customers, but they will conduct a number of checks to see what amount they can lend you so the repayments are manageable. 

Red Wallet offers a UK based customer service team available through email and telephone and will respond very quick as long as your query is sent during business hours. The online application is very straight forward and there is a slider available to check how much would need to be repaid back based on how much you want to borrow making things clear and simple.

Independent Rating

Customer Review:

Red Wallet
User Rating: 5.0 (1 votes)
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