Evlo Loans: Your Future, in Your Hands
In the evolving landscape of UK financial services, access to credit has often been one of the greatest challenges for individuals with imperfect credit histories. Many mainstream lenders decline applicants who do not meet rigid criteria, leaving a large portion of the population underserved. Evlo Loans, the trading style of Everyday Lending Limited, steps into this space with a clear mission: to promote financial inclusion while offering a personal, human-centred approach to lending. With its headquarters in Slough, Berkshire, and a strong reputation for responsible borrowing solutions, Evlo has positioned itself as a vital player in the UK’s financial services sector.
This article explores Evlo Loans in detail—its offerings, company background, customer-focused values, and why it continues to play a key role in supporting those striving for a stronger financial future.
What Are Evlo Loans?
Evlo Loans are unsecured personal loans tailored for individuals who may find it difficult to secure credit through traditional banks or building societies. Loan amounts typically range from £1,000 to £15,000, with repayment terms stretching between 18 and 60 months. These loans are designed to give borrowers flexibility, manageable repayment schedules, and the opportunity to build or rebuild their credit history.
Unlike many online-only lenders, Evlo combines technology with a personal, face-to-face experience. Customers begin their application online but complete it in one of Evlo’s nationwide branches, ensuring they receive tailored guidance and a thorough affordability assessment. This hybrid model helps applicants feel supported throughout the borrowing process.
Company Overview
Origins and Background
Evlo is not a new player in the financial industry. The company was originally founded in 2006 under the name Everyday Loans. In 2023, it rebranded as Evlo, reflecting a fresh identity and renewed commitment to its core mission: delivering financial inclusion across the UK.
Operating under the legal entity Everyday Lending Limited, Evlo is authorised and regulated by the Financial Conduct Authority (FCA). This ensures the company adheres to strict lending guidelines and provides transparency and consumer protection to every applicant.
Headquarters and Locations
The company’s primary office is located at:
Head Office
10 – 14 Bath Road, Suite 3, 1st Floor,
Aquasulis House, Slough, Berkshire,
SL1 3SQ, United Kingdom.
Although headquartered in Slough, Evlo operates a network of branches throughout the UK, enabling face-to-face customer engagement and personalised service.
Size and Structure
With a workforce of over 500 employees, and 428 associated LinkedIn members publicly listing Evlo as their employer, the organisation is firmly established in the financial services sector. Its staff specialise in delivering customer support, affordability assessments, and guidance tailored to those with complex credit histories.
Specialties of Evlo
Evlo’s services revolve around the principle of responsible lending. Their specialties include:
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Bad Credit Loans – Designed for applicants with adverse credit histories who may have been declined elsewhere.
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Loans for Bad Credit – Tailored repayment options that enable individuals to rebuild their financial standing.
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Unsecured Loans – Flexible borrowing without the need for collateral such as a house or vehicle.
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Joint Loans for Couples – Products that allow two applicants to apply together, potentially increasing affordability.
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Customer Service Excellence – Evlo prides itself on a human approach, where in-branch staff and support teams ensure applicants feel guided, not judged.
The Evlo Approach: Financial Inclusion
Empowering Customers
At its core, Evlo is committed to empowering customers with choice and understanding. Unlike lenders that rely solely on rigid credit scores, Evlo performs soft credit searches and detailed affordability checks. This allows them to take into account the wider financial picture, rather than rejecting applicants based on past mistakes.
Responsible Borrowing
Responsible borrowing is a central principle of Evlo Loans. By carrying out thorough affordability checks, the company ensures customers only take on loans they can realistically repay. Furthermore, borrowers are given clear information about interest rates, terms, and repayment options.
Customer-Centred Service
What sets Evlo apart is its in-person branch experience. Customers meet with advisers who explain loan terms in simple language, answer questions, and help identify the right product for each circumstance. This human connection is rare in the digital age and contributes to Evlo’s strong customer satisfaction ratings.
Key Information About Evlo
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Website: https://www.evlo.co.uk
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Phone: Available on their official website, connecting borrowers directly with support teams or branch offices.
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Headquarters: Slough, Berkshire, UK.
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Founded: 2006 (as Everyday Loans, rebranded to Evlo).
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Specialties: Bad credit loans, unsecured loans, joint loans, and customer service.
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Regulation: FCA authorised and regulated under Everyday Lending Limited.
Why Choose Evlo Loans?
Accessibility
Evlo Loans are accessible to a wide range of individuals, including those who may have been turned down by mainstream lenders. Minimum eligibility criteria—such as being aged 18 or over, employed, and earning a steady income—ensure that applicants from diverse backgrounds can apply.
Transparency
There are no application or origination fees, and customers are provided with clear, upfront loan examples. Representative APRs are disclosed openly, allowing borrowers to make fully informed decisions.
Flexibility
Customers can often choose repayment dates, and in certain cases, may adjust them to suit their financial schedules. Early repayment is permitted, though fees may apply in line with government regulations.
Trust and Reputation
With nearly two decades of experience, Evlo has built a reputation as one of the few UK lenders still committed to serving the subprime credit market responsibly. Its rebrand in 2023 reaffirmed this mission, bringing a fresh identity but retaining the company’s long-standing values.
Challenges and Considerations
While Evlo offers essential services, potential borrowers must carefully consider the costs involved. APRs can be significantly higher than those of mainstream banks, sometimes reaching triple figures. Borrowing from Evlo should therefore be reserved for essential needs and only after assessing affordability.
Nonetheless, the company’s transparent policies, FCA regulation, and dedication to customer service help mitigate risks for borrowers who genuinely require access to credit.
Evlo in the Wider UK Financial Landscape
In recent years, more than 80 high-cost credit providers have exited the market due to regulatory changes and financial pressures. This has left a £2 billion gap in lending availability. Evlo’s continued presence provides an important option for individuals who might otherwise resort to payday loans or unregulated lenders.
By offering structured repayment plans, affordability assessments, and in-person guidance, Evlo is carving out a responsible space in the subprime lending market.
Conclusion
Evlo Loans stand as a beacon for those seeking a second chance at credit. Rooted in financial inclusion, transparency, and customer-centred service, the company offers borrowing solutions tailored to individuals who might otherwise struggle to access credit. From its headquarters in Slough to its many branches across the UK, Evlo continues to deliver on its promise: “Your future, in your hands.”
