Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £550 for 7 months at £122.43 per month. Total repayment of £857.02. Interest: £307.02. Interest rate: 150% pa (fixed). 313.1% APR Representative.

On Stride Financial Loans vs. Sunny Loans

Sunny offers a different option to taking out a payday loan with their short-term alternative loan product, and On Stride Financial offers customisable instalment loans . These are loans that are paid back over a series of payments — otherwise known as 'instalments.' Depending on the repayment period, instalment loans can also be considered short-term loans. Short-term loans are what their name implies: a loan with a short repayment period.

Both On Stride Financial and Sunny's loan ranges can accommodate borrowers looking for a shorter-term loan option since they both offer loan amounts in the £100 range with six month repayment options.

However, Sunny loans do not provide the larger loan amounts and longer repayment periods that On Stride Financial offers. As you can see below in the comparison chart, On Stride Financial offers much more flexibility for borrowers in need of higher pound amounts with longer repayment terms.

Loan Amounts
Sunny Loans
£100 – £2,500
On Stride Financial
£150 – £5,000
Repayment Terms
Sunny Loans
6 – 14 months
On Stride Financial
6 months – 3 years
Funding Speed
Sunny Loans
Within 15 minutes of approval
On Stride Financial
Within 10 minutes of approval

Which Lender Has More Loan Options?

When it comes to the ability to customise loan options, On Stride Financial loans offer more flexibility for both loan amounts and repayment terms than Sunny loans. On Stride Financial offers larger loan amounts and, most important for borrowers in search of flexible repayment terms, the option to choose a customised loan term.

Sunny only offers four set repayment terms at six-, seven-, nine- and 14-month intervals. What's more, those repayment terms are tied to the loan amount the borrower takes out. For example, if a borrower took out a loan anywhere between £100 – £1,000, they would be locked into a six- month loan term.

On Stride Financial understands that each borrower's situation is unique and doesn't always fit into prescribed categories. That's why borrowers can choose the loan and the repayment term that best fits their needs, depending on application details.

What You Need to Apply With On Stride Financial

To apply for a personal loan with On Stride Financial, you just need to meet the minimum requirements:

Be at least 18 years old

Be a resident of the UK

Have a regular income

If you meet our requirements, you are all set to begin your application!

On Stride Financial is rated out of 5 by Reviews.co.uk based on reviews

All costs and information verified on 16th September 2019 from Sunny.co.uk.