PiggyBank Loan Alternative Information Hub

Want to know more about how to apply for a loan online or what to consider before taking one out? We’ve answered some common questions around this type of loan.

  • There have been no concrete details released, regarding the lender’s administration, but the Guardian noted that it is likely because the lender’s financiers would not support the company with further funds after their suspension by the FCA.

    Customers have also been logging compensation claims with the lender, which could have impacted their finances.

  • Yes, PiggyBank was a direct lender of payday and short term loans, in amounts from £100 to £400. Sunny is also direct lender, all loans are regulated and paid to our customers by us and we don’t work with any third parties.

  • PiggyBank is a trading name of DJS (UK) Limited, a fintech solutions company. DJS (UK) Limited was founded in 2012 and also owns Leadtree Global, an affiliate network for lenders, brokers in the financial industry.

    However, now that the lender has gone into administration, the company HJS has been appointed to handle PiggyBank’s administration and shutting down process. Any assets the company has will be distributed to those it owes money to.

  • Yes, you must continue to pay back your loan as usual. This ensures your credit rating is not impacted by late or missed payments. You are still able to log into your account, to check the status of your loan with PiggyBank

  • PiggyBank’s customer service team are still operating, to answer any queries you may have. This means if you have any questions about your loan and what to do now, they may be able to help. You can get in touch with PiggyBank’s team on 0800 2061 1560 or email help@piggy-bank.co.uk.

Consider a Loan from Sunny

Sunny can help if you still need a short-term loan. Use our sliding calculator below to determine if you can afford repayments on a loan from Sunny. Use the button below to begin your application.

Monthly rate
%
Based on a
30 day month
Loan term
Months
The loan term is fixed but you can repay early at any time
The loan term is fixed but you can repay early at any time
Representative example
£ for months
%pa (fixed)
£
£
% APR

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Terms & Conditions

***Soft search is currently only available to new customers. Our eligibility check will assess whether you meet our lending criteria. Even if you are eligible, we may still require proof of ID and/or proof of income before we approve the loan.