Hitachi Loans

54 reviews

3.1% Representative

Will lend between: £2,500 - £25,000

Over: 24 - 60 Months

Representative example: Representative Example: If you borrow £7,500 over 60 months at a representative rate of 3.1% APR and an annual interest rate of 3.1% (fixed), you would pay 60 monthly instalments of £134.97. The total charge for credit will be £598.20 and the total amount payable will be £8,098.20.

Hitachi Loans customer reviews.

54 reviews

3.0 out of 5 stars

All good
13:11 24-04-2017
ImageChoose Wisely

Very easy to apply and was given the advertised interest rate. Everything went through and had the funds as agreed within a few days. I would say to people who are offered a different interest rate at the last stage to check their credit rating as it may be a squeaky clean as they think. I checked ours before I applied and was 996 hence the reason why I got the best loan at the best rate. This is the second time I have used them and will use them again when I buy my next car!!.


Quick decision
07:56 11-01-2018
ImageSmart Money People

I've taken out a personal loan before (all paid off!) and found the Hitachi process to be relatively stress free and quick.


Appalling customer service
19:23 30-11-2016
ImageChoose Wisely

Hitachi personal finance provide an awful service. They don't respond to correspondence, they are rude and do not support their customers. They treated me so badly I ended up having to take them to court and yesterday I won my case. The solicitor they instructed was underhand arrogant and continued to threaten me throughout this process. My advice is stay well clear


18:43 22-11-2017
ImageSmart Money People

Personal loan quickly send my account

Mohammed Khurram

Rip off
14:41 09-07-2016
ImageChoose Wisely

Hitachi loan company are a total rip off ,how can you be accepted for a loan when filling in the form ,then agree the loan rates, Then on the final hurdle of money being paid my rate goes up from 4.2% to 9.3%? Having challenged them over this ,I was told it could be my credit rating, What a load of tosh,I have never had any concerns in all my married life, I am so angry at this potential rip off the I may even contact the government ombudsmen as this can never be right in the light of past PPI claims that are still going on


Good rates
07:56 09-11-2017
ImageSmart Money People

Best rates for a personal loan I could find.


Easy peasy
17:08 21-07-2017
ImageSmart Money People

Patient process very quick response and money in your account before the week is out

Ruma Rouf

Fast approval
19:12 29-06-2017
ImageSmart Money People

I haved used Hitachi for three different loans for different reasons and all of them were competitive for their interest rates. Fast decision making and never been declined, faultless as a company and I wouldve of been stuck without them.

Craig Bailey

Simply the Best!!
18:22 29-06-2017
ImageSmart Money People

Low interest-rate. The application was very easy. The funds were available next-day. Re-payments may be made by standing order. Customer service are helpful and easily contacted. This is the personal loan I would recommend before any other.

Ruth Smith

Easy to get a decision on.
17:26 29-06-2017
ImageSmart Money People

Applied and got a decision quickly. Money was transferred within two days


Our review of Hitachi Loans

Hitachi is often a name associated with Japanese engineering and a lot of us probably have a piece or two of Hitachi equipment in our homes. They’ve now applied their company ethos, centered around transforming the way we live our lives, to personal finance. With an air of confidence they have a very a transparent website, providing easy access to all necessary information.

As to be expected with interest rates this low, you will need to have good credit history to apply and they will look into your financial circumstances. If you have poor credit, or have moved around a lot in the last five years, then Hitachi isn’t going to be the loan for you so before you apply make sure everything is up to scratch or you’re going to waste time on their lengthy online application.

Transparency is something that they mention a lot on their website and credit to them, they do make it clear what fees will be incurred for missed payments; £22 for a recalled Direct Debit, £25 for missed card payments and even £25 for every letter they have to send chasing you for payment.

Although their application takes a long time and there’s a few hoops to jump through, this hasn’t made much of an effect on their OPTIOSCORE which is towards the higher end of the table. Hitachi generally seem to be quite popular with their customers – they were voted Best Direct Personal Loan Provider in 2015 by Your Money and they have a 99% rating on Feefo.

Overall verdict: Hitachi have appealingly low interest rates and a transparent way of working. Although the information needed to apply is quite detailed and you will need good credit, customers in general appreciate their efficiency and seem to be satisfied. Definitely worth considering if you have a good credit history.

Written by: Alex


  • No hidden or arrangement fees
  • Approved customers get funds within 48 hours
  • No charge for over-payments or early repayments
  • Good customer service reviews

Minimum criteria

  • You will need to be aged over 25
  • You must have good credit history
  • You will need to be in permanent paid employment, self-employed or retired and receiving a pension
  • You must be a permanent UK resident
  • You must have a bank or building society account


  • Maximum APR 7.9%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £22

Hitachi Loans Customer Question & Answers

Total question and answers: 2


Hi , I've been self employed for 10 years and am looking for a loan of roughly 12000 . What proof of income will be required ? Thanks
Chris, at 2:28pm 01/09/17


Hi Chris, Depending on what we gain from the credit check you may be asked to provide bank statements (up to 3 months). We would contact you if you needed to provide this information once you have submitted an application. Thanks, Nicola
Answered in 35 minutes by Nicola - Hitachi Personal Finance


hello i was reading ur reviev about Hitachi personal loans. Ineed small loan and they give best %%% but as i never was taking loans with 3rd party companies i bit worried that there gona be some hidden charges, hidden changes and i can end up with some problems. im obligated to pay monthly without problems and on date as i was doing everytime. Is this company is worth trust to be taking loans with them?
Kamil, at 4:24pm 05/08/17


Hi Kamil, 97% of our customers are happy with our loans - as surveyed by independent firm Feefo. If you are unsure, please visit our website and read some of the reviews for yourself. The APR you will receive will depend on your personal circumstances but majority of agreements we pay out receive the advertised rate.
Answered in 2 days by Nicola - Hitachi Personal Finance

About Hitachi Loans

Engineering giant Hitachi, formed in 1910, have expanded their offering to the personal loans market. Offering one of the cheapest rates out there, they offer loans ranging from £2,500 to £25,000 across a payment term of two to five years with a range of representative APRs from 3.1% to 7.9%. As with most loan providers this rate can alter depending on your personal financial circumstances. The maximum that Hitachi will offer successful applicants is 16.1%.

You will need good credit history to apply as well as providing at least five years’ address history and details of your employment and annual income.

Their online application takes around 10 minutes to complete and you will be given an instant decision on submission. Successful applicants can then receive their loans within 48 hours. Although there are no hidden or arrangement fees, there are charges for late payments starting from £22 for a missed Direct Debit.

Company information

Registration number: 1630491

0844 375 5500

Hitachi Capital Plc, Thorpe Road, Staines- Upon- Thames, Surrey TW1 3HP

FCA registration

Reference No: 704348

Trading names: Hitachi Capital (UK) PLC, Hitachi Personal Finance, Savvi, Pay By Finance

Place of business: Hitachi Capital Plc, Thorpe Road, Staines- Upon- Thames, Surrey TW1 3HP

Data protection registration

Registration No: Z5360808

Data controller: HITACHI CAPITAL (UK) PLC

Address: Hitachi Capital Plc, Thorpe Road, Staines- Upon- Thames, Surrey TW1 3HP

Apply Now