Creation Personal Loan
Will lend between: £1,000 - £25,000
Over: 12 - 60 Months
Creation Personal Loan customer reviews.
1.5 out of 5 stars
Very Very slow, systems are poor, customer service is poor - they do not do what they say and still waiting 2 weeks later for loan agreement - terrible
Customer service is excellent, always been so helpful
Wonderful experience and easy to work with
A stress free, easy to follow through every step.
Had a few different products with Creation now and have been happy with all of them
Goood and very fast apply for me
From finding out information about a loan to applying for it,I found stress free and easy to follow at every step.
Having booked to have my front door and some windows replaced in my house from a service company they offered me the ability to pay in installments using a loan from Creation. The work was done quickly and there were no issues over my loan; however, communication from Creation in terms of confirmation over the loan, repayment amounts and repayment dates were not sent to me until after the work was done and even then the direct debit was set up without confirmation of what exactly was happening.
Our review of Creation Personal Loan
Creation aim to provide straightforward products and their personal loan fulfils this brief. Their website is easy to use, their application criteria are standard for the market and they offer a range of representative APRs depending on the amount applied for. As with like most other lenders just beware that the actual rate you're offered could differ from the representative APR that's shown on site. The reason being that the rate offered also takes into account your personal circumstances.
When applying for a loan with Creation you will need to be an existing eligible Creation customer.
TrustPilot paints a somewhat of a negative picture of Creation, with a score of only 1 out of 5. These are mainly for their retail finance rather than their loans, but there are some complaints of disorganisation (including losing documents and getting personal details wrong) and missed payment charges, which is quite common.
Overall verdict: Creation are a decent company with a straightforward product. If you have good credit then Creation are worth researching if not then look elsewhere.
- No set up fees
- Instant decision made online
- Detailed application
- Jargon buster guide on website
- You will need to be ages between 23 and 70
- You must have a minimum gross income of £12,000pa
- You need a bank or building society current account
- You need to have good credit history
- Need to have been a permanent UK resident for at least three years
- Creation Loans are only available to existing eligible Creation customers.
- Maximum APR 28.9%
- Arrangement fee: £0
- Early repayment fee: £0
- Late payment fee: £0
About Creation Personal Loan
Creation Loans are only available to existing eligible Creation customers.
Creation personal loans are between £1,000 and £25,000 which can be paid in fixed monthly increments over one to five years. They advertise a representative APR of 9.9% for amounts between £7,500 and £10,000 and this will change for higher amounts but there are no hidden or arrangement fees to pay.
Registration number: 01091883
Chadwick House, Blenheim Court, Solihull, West Midlands B91 2AA
Reference No: 006332
Trading names: Creation Personal Loans
Place of business: Chadwick House Blenheim Court Solihull West Midlands B91 2AA
Data protection registration
Registration No: Z7177090
Data controller: Creation Financial Services Limited
Address: Chadwick House Blenheim Court Solihull West Midlands B91 2AAApply Now