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About Us

speedeloans.com is a practical alternative to banks that can no longer help their customers with their short term financial needs. Privately backed by people who understand our customers, our mission is to provide instant decisions and two hour money whenever they need it. We are at the cutting edge of modern consumer finance by offering small, short term loans online with real speed and ease. We are flexible and paper free which means you can apply using our easy-to-use website whenever you need cash in a hurry. We have a consumer credit licence from the Office of Fair Trading. In August 2011 we won an award for “Most Responsible Lender” which we welcome as proof that we are doing the right thing both for our own business, but also more importantly, our customers.

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Often in the press it appears to be a case of lies, damn lies, and statistics, which we find unfair and misleading

Gary Miller-Cheevers, CEO speedeloans

As a responsible lender, speedeloans has a policy of capping interest after 6 months and positively encourages borrowers who find themselves in difficulty to make fast contact with the CCCS

Gary Miller-Cheevers, CEO speedeloans

With the Select Committee’s recommendation that annual interest rates – or APR’s - are dropped from marketing material in favour of a more realistic ‘total cost of credit’ figure, we are hoping that this sort of inflammatory journalism will stop

Gary Miller-Cheevers, CEO speedeloans

The data may imply they are being more budget-conscious and eking out the money, rather than rushing out and blowing it

Gary Miller-Cheevers, CEO, speedeloans

I have long been a supporter of fair and transparent charging. Borrowing money shouldn’t be rocket science, consumers should be able to easily see what credit will cost.

Gary Miller-Cheevers, CEO at speedeloans.com

With our service, customers can easily see how much the total borrowing will cost them in pounds, meaning they can make an educated decision as to the affordability, as well as allowing them to compare the cost with other lenders, easily

Gary Miller-Cheevers, CEO at speedeloans.com

According to the report, not even a Maths PhD student was able to correctly calculate the charges and fees related to an unauthorised overdraft with four different banks

Gary Miller-Cheevers, CEO at speedeloans.com

This data seems to indicate that despite the Recession, people are overall earning more and having less debt – all positive signs

Gary Miller-Cheevers

As a responsible payday loan lender, we have no desire to add to the woes of students or any other group that clearly are likely to have difficulty meeting a financial liability

Gary Miller-Cheevers

Surely there are enough genuine borrowers who require a short term loan until payday, without having to trawl minority groups?

Gary Miller-Cheevers

Speedeloans supports the continuing need for a well run and tightly regulated short term finance market and applauds those members of the government looking to protect the public from unscrupulous lenders

Gary Miller-Cheevers

PR’s and EAR’s can be confusing for many customers – and also misleading. For example, speedeloans has to quote an APR of 2243% for a payday loan and yet HBoS are able to quote 0% EAR as an overdraft amount

Gary Miller-Cheevers

Used responsibly, payday loans can offer a cost-effective way to satisfy emergency short-term loan needs

Gary Miller-Cheevers

Speedeloans is a responsible lender, offering an affordable cash advance until payday which is often cheaper than an unauthorised overdraft

Gary Miller-Cheevers

Sadly, there are some unscrupulous lenders who will saddle already debt-ridden individuals with more debt misery. Speedeloans, however, takes its responsibilities seriously

Gary Miller-Cheevers

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Payday loans lender speedeloans re-affirms the need for responsible lending

Fri, Jan 13, 2012 17:14 CET

In a statement issued today, Gary Miller-Cheevers, CEO of www.speedeloans.com, has expressed his concerns over payday loans companies exploiting vulnerable customers – and tainting the image of the payday loans industry.This is in the wake of recent press reports where lenders appear to be targeting specific groups such as the military or students. Mr. Miller-Cheevers from speedeloans says: “As a responsible payday loan lender, we have no desire to add to the woes of students or any other group that clearly are likely to have difficulty meeting a financial liability. “Surely there are

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Payday loans lender speedeloans re-affirms the need for responsible lending

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