Quite frankly, I"m naming and shaming these three payday loan sharks:
CANNON FINANCE LIMITED
Compliance Officer, Athene House, 86 The Broadway, Mill Hill, London, NW7 3TD, Phone: 0844 840 8411
Authorised and regulated by the Financial Conduct Authority. Interim permission number 0629941 Company Number 06955572
Registered under the Data Protection Act Reg. No. Z1904131
When repaying your loan, costs on the actual money borrowed is generally £25 on top of every £100 which is borrowed. This will then be repaid on the date agreed. If you are provisionally accepted, please check your pre contract loan agreement carefully to understand the loan charges.
FULL CONSUMER CREDIT LICENCE DETAILS
Cannon Finance Limited 06955572
Categories:
Credit brokerage
Right To Canvass Off Trade Premises:No
Trading Name(s) (Current):
Affiliatefinance.Co.Uk
Cannon
Cannon Finance
Cannon Financial Solutions
Cashtrain.Co.Uk
Https://Www.Cashtrain.Tv
Https://Www.Paydayloanranger.Co.Uk
Https://Www.Thecashtrain.Co.Uk
Https://Www.Wagesdayadvance.Co.Uk
Instalmentmoney.Co.Uk
Liquidloans.Co.Uk
Logbookloans.Tv
Logbookuk.Co.Uk
Myfinancehouse.Co.Uk
Resetloans.Co.Uk
Www.12monthmoney.Co.Uk
Www.Bestbridging.Co.Uk
Www.Bridgingloancompanies.Co.Uk
Www.Bridgingloansonline.Co.Uk
Www.Bridgingonline.Co.Uk
Www.Controlfinance.Co.Uk
Www.Installmentmoney.Co.Uk
Www.Instalmentcash.Co.Uk
Www.Monthlyinstalmentloans.Com
Trading Name(s) (Historic):
Https://Www.Bankholidaybonus.Co.Uk
Https://Www.1daywageadvance.Co.Uk
Issued Date: 06-Aug-2009
Date Maintenance Payment Due: 05-Aug-2014
Legal Formation:
Body Corporate (incorporated inside UK)
Current Individuals that run the organisation:
Name Position
Michael David Valentine
Phillip Robert Byron
Simon Lewis Gilbert
Nature of Business:
Other
Current Address(es):
Address Type Address
Correspondence Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
Principal Place Of Business Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
Registered Office Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
KWIK CASH (MONEY GAP GROUP LIMITED)
Money Gap Group Limited:
- Is a company registered in England and Wales with company number 6617413.
- Authorised and regulated by the Financial Conduct Authority and we can be found on the Financial Services Register with Interim Permission Number: 626678.
Charges
It’s free to apply with KwikCash. We won’t charge you a penny, whether you’re accepted by all the lenders we put you through to, just some or even none of them.
Lenders charge different amounts of fees and interest. If you apply with Compare Payday, you’ll be able to see how much each lender that is interested in your application charges. You can also go and check out their website and the offer itself without being under any obligation – you won’t need to accept the loan and you won’t receive any charges at all.
In order to give an overall idea of how much you’re likely to repay when you take out a payday loan, our representative example shows the amounts you’re most likely to be charged. These figures represent over half of the loans borrowed from lenders through KwikCash. Some will be cheaper while some will be more expensive – but then, that’s the point of being able to compare!
It’s important to bear in mind that payday loans are designed for short term needs only and can become much more expensive if you don’t repay them on time or keep taking them out every month. Please read our Things to Consider section.
Loan Amount (£):
1 Month 3 Month 6 Month
Average Monthly Repayment £129.00 £52.29 £39.33
Interest Paid £29.00 £56.87 £136.00
Total Cost £129.00 £156.87 £236.00
Why is the APR so high?
Annual Percentage Rates (APRs) are required to be shown on any representation of credit, and are used to compare loans with each other. However, because they're based on an annual amount, short term loans that are repaid over a month or so can appear extremely high. In order to show what they would be like on an annual basis, the interest rate is treated as if you took out the loan (without repaying it) for an entire year, rather than repaying it completely within around 28 days.
There is a lot of controversy about whether APR is an appropriate measure for short-term loans or not, as its opponents point out that it's like showing the annual rate for a hotel room instead of the price per night. However, as it is a European requirement, there's no choice about whether or not to display it.
Although they're confusing, we think that it can cause people to take a closer look at how much they'll be borrowing and repaying. If this prevents people from applying for a loan they have no way of affording, we think it can still serve a purpose.
FULL CONSUMER CREDIT LICENCE DETAILS
Money Gap Group Limited 6617413
Categories:
Credit brokerage
Right To Canvass Off Trade Premises:No
Trading Name(s) (Current):
123payday
12monthloans
Cash-In-1-Hour
Cashlady
Cashsquid
Cashtillpay
Cheetahpayday
Citycashloans
Comparepayday
Fastpony
Flexcredit
Flexloan
Iloans
Kwikcash
KwikPayday
Moneymatch
Mypayday
Onestopcash
Paydaybank
Paydaycentre
PaydayDirect
Paydayin1hour
PaydayLine
Paydayloans300
Paydaynextday
Samedaypaydayloans
Trading Name(s) (Historic):
Whichpayday
Paydayselect
Mycashtoday
Cashpayday
Quicksquid
Quickmonkey
Issued Date: 02-Apr-2009
Date Maintenance Payment Due: 01-Apr-2014
Legal Formation:
Body Corporate (incorporated inside UK)
Current Individuals that run the organisation:
Name Position
Avner Brodsky
Michal Brodsky
Nature of Business:
Advertising agencies
Current Address(es):
Address Type Address
Correspondence 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Principal Place Of Business 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Registered Office 28 - 32, Wellington Road, St John'S Wood, London, London, NW8 9SP, England
Historic Address(es):
Address Type Address
Correspondence 258, Belsize Road, London, NW6 4BT, United Kingdom
Principal Place Of Business 258, Belsize Road, London, NW6 4BT, United Kingdom
Principal Place Of Business 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Principal Place Of Business Churchill House, 137, Brent Street, London, NW4 4DJ, United Kingdom
Registered Office 1, Conduit Street, LONDON, W1S 2XA, United Kingdom
HARBOUR FINANCE (EQI INDEPENDENT LIMITED)
EQI Independent Ltd trading as HarbourFinance
PO BOX 290, Cheadle, Cheshire, United Kingdom SK8 9DT
Borrow £200 for 28 days. The total charge for credit is £50. Interest is fixed at a rate of £50 per £200 loan (326% per annum). The total repayable is £250. 1734% APR Representative.
Representative 1734% APR*
Short-term loans should only be used for short-term financial needs and are not appropriate for long-term borrowing, or if you are in financial difficulty. All loan applications are subject to creditworthiness and affordability assessments. Taking out a loan involves serious obligations and you should ensure that the loans provided by our lenders are suitable for you before you apply, for more infomation on these loans please see our FAQ page.
Registered Office Reedham House, 31, King Street West, Manchester, M3 2PJ
Registered Office The Heath Business & Technical Park, ., RUNCORN, Cheshire, WA7 4QX, United Kingdom
Registered Office The Heath Business & Technical Park, RUNCORN, Cheshire, WA7 4QX, United Kingdom
Registered Office The Heath Business and Techinical Park, Runcorn, Cheshire, WA7 4QX, United Kingdom
All of these payday loan sharks / brokers must be named and shamed. They make money from our personal details. Well known that money is an IOU, and credit is even worse as it's created from nothing. ALL banks and financial institutions LIE.
To charge these ridiculous interest rate is illegal and immoral. WO/MAN IS A CORRUPT SPECIES easily manipulated by the world and its false ideals.
Be WARNED. MORE PAYDAY LOAN COMPANIES TO NAME AND SHAME SOON.
Cannon Finance Reviews
Quite frankly, I"m naming and shaming these three payday loan sharks:
CANNON FINANCE LIMITED
Compliance Officer, Athene House, 86 The Broadway, Mill Hill, London, NW7 3TD, Phone: 0844 840 8411
Authorised and regulated by the Financial Conduct Authority. Interim permission number 0629941 Company Number 06955572
Registered under the Data Protection Act Reg. No. Z1904131
When repaying your loan, costs on the actual money borrowed is generally £25 on top of every £100 which is borrowed. This will then be repaid on the date agreed. If you are provisionally accepted, please check your pre contract loan agreement carefully to understand the loan charges.
FULL CONSUMER CREDIT LICENCE DETAILS
Cannon Finance Limited 06955572
Categories:
Credit brokerage
Right To Canvass Off Trade Premises:No
Trading Name(s) (Current):
Affiliatefinance.Co.Uk
Cannon
Cannon Finance
Cannon Financial Solutions
Cashtrain.Co.Uk
Https://Www.Cashtrain.Tv
Https://Www.Paydayloanranger.Co.Uk
Https://Www.Thecashtrain.Co.Uk
Https://Www.Wagesdayadvance.Co.Uk
Instalmentmoney.Co.Uk
Liquidloans.Co.Uk
Logbookloans.Tv
Logbookuk.Co.Uk
Myfinancehouse.Co.Uk
Resetloans.Co.Uk
Www.12monthmoney.Co.Uk
Www.Bestbridging.Co.Uk
Www.Bridgingloancompanies.Co.Uk
Www.Bridgingloansonline.Co.Uk
Www.Bridgingonline.Co.Uk
Www.Controlfinance.Co.Uk
Www.Installmentmoney.Co.Uk
Www.Instalmentcash.Co.Uk
Www.Monthlyinstalmentloans.Com
Trading Name(s) (Historic):
Https://Www.Bankholidaybonus.Co.Uk
Https://Www.1daywageadvance.Co.Uk
Issued Date: 06-Aug-2009
Date Maintenance Payment Due: 05-Aug-2014
Legal Formation:
Body Corporate (incorporated inside UK)
Current Individuals that run the organisation:
Name Position
Michael David Valentine
Phillip Robert Byron
Simon Lewis Gilbert
Nature of Business:
Other
Current Address(es):
Address Type Address
Correspondence Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
Principal Place Of Business Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
Registered Office Athene House, 86, The Broadway, LONDON, NW7 3TD, United Kingdom
KWIK CASH (MONEY GAP GROUP LIMITED)
Money Gap Group Limited:
- Is a company registered in England and Wales with company number 6617413.
- Registered Office: 28-32 Wellington Road, St John’s Wood, London, NW8 9SP, England.
- Authorised and regulated by the Financial Conduct Authority and we can be found on the Financial Services Register with Interim Permission Number: 626678.
Charges
It’s free to apply with KwikCash. We won’t charge you a penny, whether you’re accepted by all the lenders we put you through to, just some or even none of them.
Lenders charge different amounts of fees and interest. If you apply with Compare Payday, you’ll be able to see how much each lender that is interested in your application charges. You can also go and check out their website and the offer itself without being under any obligation – you won’t need to accept the loan and you won’t receive any charges at all.
In order to give an overall idea of how much you’re likely to repay when you take out a payday loan, our representative example shows the amounts you’re most likely to be charged. These figures represent over half of the loans borrowed from lenders through KwikCash. Some will be cheaper while some will be more expensive – but then, that’s the point of being able to compare!
It’s important to bear in mind that payday loans are designed for short term needs only and can become much more expensive if you don’t repay them on time or keep taking them out every month. Please read our Things to Consider section.
Loan Amount (£):
1 Month 3 Month 6 Month
Average Monthly Repayment £129.00 £52.29 £39.33
Interest Paid £29.00 £56.87 £136.00
Total Cost £129.00 £156.87 £236.00
Why is the APR so high?
Annual Percentage Rates (APRs) are required to be shown on any representation of credit, and are used to compare loans with each other. However, because they're based on an annual amount, short term loans that are repaid over a month or so can appear extremely high. In order to show what they would be like on an annual basis, the interest rate is treated as if you took out the loan (without repaying it) for an entire year, rather than repaying it completely within around 28 days.
There is a lot of controversy about whether APR is an appropriate measure for short-term loans or not, as its opponents point out that it's like showing the annual rate for a hotel room instead of the price per night. However, as it is a European requirement, there's no choice about whether or not to display it.
Although they're confusing, we think that it can cause people to take a closer look at how much they'll be borrowing and repaying. If this prevents people from applying for a loan they have no way of affording, we think it can still serve a purpose.
FULL CONSUMER CREDIT LICENCE DETAILS
Money Gap Group Limited 6617413
Categories:
Credit brokerage
Right To Canvass Off Trade Premises:No
Trading Name(s) (Current):
123payday
12monthloans
Cash-In-1-Hour
Cashlady
Cashsquid
Cashtillpay
Cheetahpayday
Citycashloans
Comparepayday
Fastpony
Flexcredit
Flexloan
Iloans
Kwikcash
KwikPayday
Moneymatch
Mypayday
Onestopcash
Paydaybank
Paydaycentre
PaydayDirect
Paydayin1hour
PaydayLine
Paydayloans300
Paydaynextday
Samedaypaydayloans
Trading Name(s) (Historic):
Whichpayday
Paydayselect
Mycashtoday
Cashpayday
Quicksquid
Quickmonkey
Issued Date: 02-Apr-2009
Date Maintenance Payment Due: 01-Apr-2014
Legal Formation:
Body Corporate (incorporated inside UK)
Current Individuals that run the organisation:
Name Position
Avner Brodsky
Michal Brodsky
Nature of Business:
Advertising agencies
Current Address(es):
Address Type Address
Correspondence 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Principal Place Of Business 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Registered Office 28 - 32, Wellington Road, St John'S Wood, London, London, NW8 9SP, England
Historic Address(es):
Address Type Address
Correspondence 258, Belsize Road, London, NW6 4BT, United Kingdom
Principal Place Of Business 258, Belsize Road, London, NW6 4BT, United Kingdom
Principal Place Of Business 28-32, Wellington Road, London, London, NW8 9SP, United Kingdom
Principal Place Of Business Churchill House, 137, Brent Street, London, NW4 4DJ, United Kingdom
Registered Office 1, Conduit Street, LONDON, W1S 2XA, United Kingdom
HARBOUR FINANCE (EQI INDEPENDENT LIMITED)
EQI Independent Ltd trading as HarbourFinance
PO BOX 290, Cheadle, Cheshire, United Kingdom SK8 9DT
Company No:. 04418004
Consumer Credit License: 0559251
Data Protection: Z8894628
Call Us Now: 0844 7391148
General inquiries: [email protected]
Borrow £200 for 28 days. The total charge for credit is £50. Interest is fixed at a rate of £50 per £200 loan (326% per annum). The total repayable is £250. 1734% APR Representative.
Representative 1734% APR*
Short-term loans should only be used for short-term financial needs and are not appropriate for long-term borrowing, or if you are in financial difficulty. All loan applications are subject to creditworthiness and affordability assessments. Taking out a loan involves serious obligations and you should ensure that the loans provided by our lenders are suitable for you before you apply, for more infomation on these loans please see our FAQ page.
FULL CONSUMER CREDIT LICENCE DETAILS
EQI Independent Limited 04418004
Categories:
Credit brokerage
Right To Canvass Off Trade Premises:No
Trading Name(s) (Current):
EQI Insurance
EQI Packaging
Money Warehouse
Www.Instantcarfinance.Co.Uk
Www.Midlandcash.Com
Www.Moneywarehouse.Co.uk
Www.Smilefinance.Co.Uk
Trading Name(s) (Historic):
Blue Bear Mortgages and Insurance
www.moneygaga.co.uk
Moneygaga
Niche Eqi Packaging
MyMoneyGroup
Mymoneygroup.Co.Uk
Www.Thepaydaypingtree.Co.Uk
Www.24hr-Loans.Co.Uk
Www.Advance4u.Co.Uk
Www.Freshpay.Co.Uk
Issued Date: 11-Sep-2004
Date Maintenance Payment Due: 11-Sep-2014
Legal Formation:
Body Corporate (incorporated inside UK)
Current Individuals that run the organisation:
Name Position
James Bell
Historic Individuals that run the organisation:
Name Position
Adam John Owen
Adam John Owen OFFICER
Andnea Owen
Andrea Owen OFFICER
Diane Wade
Gregog Treeence Byrne
Nature of Business:
Brokers and intermediaries
Mortgage Brokers
Current Address(es):
Address Type Address
Correspondence Blenheim Court , Carrs Road , Cheadle, Cheshire, SK8 2JY, United Kingdom
Principal Place Of Business Blenheim Court , Carrs Road , Cheadle, Cheshire, SK8 2JY, United Kingdom
Registered Office Reedham Court , 31 King Street West, Manchester , Greater Manchester , M3 2PJ, Uk
Historic Address(es):
Address Type Address
Correspondence 513, The Heath Business and Techinical Park, The Heath, Runcorn, Cheshire, WA7 4QX, United Kingdom
Correspondence Metropolitan House, Station Road, Cheadle Hulme, Cheshire, SK8 7AZ, United Kingdom
Correspondence The Heath Business & Technical Park, RUNCORN, Cheshire, WA7 4QX, United Kingdom
Correspondence The Heath Business and Techinical Park, Runcorn, Cheshire, WA7 4QX, United Kingdom
Principal Place Of Business 513, The Heath Business and Techinical Park, The Heath , Runcorn, Cheshire, WA7 4QX, United Kingdom
Principal Place Of Business Metropolitan House, Station Road, Cheadle Hulme, Cheshire, SK8 7AZ, United Kingdom
Principal Place Of Business The Heath Business & Technical Park, RUNCORN, Cheshire, WA7 4QX, United Kingdom
Principal Place Of Business The Heath Business and Techinical Park, Runcorn, Cheshire, WA7 4QX, United Kingdom
Registered Office 513 , The Heath Business and Techinical Park, The Heath , Runcorn, Cheshire, WA7 4QX, United Kingdom
Registered Office Metropolitan House, Station Road, CHEADLE HULME, Cheshire, SK8 7AZ, United Kingdom
Registered Office Metropolitan House, Station Road, Cheadle Hulme, Stockport, SK8 7AZ
Registered Office Reedham House, 31, King Street West, Manchester, M3 2PJ
Registered Office The Heath Business & Technical Park, ., RUNCORN, Cheshire, WA7 4QX, United Kingdom
Registered Office The Heath Business & Technical Park, RUNCORN, Cheshire, WA7 4QX, United Kingdom
Registered Office The Heath Business and Techinical Park, Runcorn, Cheshire, WA7 4QX, United Kingdom
All of these payday loan sharks / brokers must be named and shamed. They make money from our personal details. Well known that money is an IOU, and credit is even worse as it's created from nothing. ALL banks and financial institutions LIE.
To charge these ridiculous interest rate is illegal and immoral. WO/MAN IS A CORRUPT SPECIES easily manipulated by the world and its false ideals.
Be WARNED. MORE PAYDAY LOAN COMPANIES TO NAME AND SHAME SOON.