iDosh Marks 150,000th Loan Application Milestone

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Since launching in February 2012, iDosh.com – an innovative online lender – has received an exceptionally high volume of loan applications, surpassing the 150,000 mark at the end of June.

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Receiving our 150,000th application is a major achievement, and reflects iDosh’s position as a rapidly risingplayer in our sector. We’re looking forward to providing thousands more loans to customers in the future.

Since launching in February 2012, iDosh.com – an innovative online lender – has received an exceptionally high volume of loan applications, surpassing the 150,000 mark at the end of June.

Although this figure relates to the total number of applications received, rather than the total number of loans served, this is still a significant milestone for the company, which is committed to the principles of responsible lending – and therefore only approves applications from customers who meet its strict criteria and rigorous credit checks.

As a recently established lender, iDosh’s success is particularly notable in a market that has seen rapid growth in the past few years and is therefore a highly competitive space. iDosh, however, presents a unique offering, distinguishing itself from other payday loan companies with its dedication to transparency, honest approach and high levels of customer service.

Customers that have successfully made it through the application process and been approved for a loan with iDosh have offered resounding praise for the lender. In a survey of iDosh customers conducted by Nostrum Group, 85% of respondents encountered “no issues” whilst taking out their loan and were happy with how they were treated by customer advisers.
This high level of customer satisfaction is partly due to iDosh’s no-nonsense approach, with all rates, fees and charges clearly stated on the lender’s website, in full compliance with industry regulations. In addition, with a fixed rate of £30 per £100 borrowed charged on loans from 8-37 days in duration, iDosh’s lending terms are refreshingly simple and straightforward, making it easy for customers to calculate the full cost of their loan before applying.

Following the reaching of this milestone, CEO and founder of iDosh.com, Daniel Goss, commented: “Receiving our 150,000th application is a major achievement, and reflects iDosh’s position as a rapidly risingplayer in our sector. We’re looking forward to providing thousands more loans to customers in the future.”

About iDosh:

iDosh is a fast, convenient and professional online lender. Our mission is to help people get the cash they need, when they need it, in a way that’s responsible, up-front and efficient.

We have a Consumer Credit Licence from the Office of Fair Trading 644905, and are members of the British Cheque & Credit Association (BCCA). Our BCCA number is 5284. Our ICO number is Z2784366.

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Daniel Goss - CEO and Founder
iDosh
+44 (0)207 483 9066
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