Doorstep Loans Ryde: Isle of Wight, South East
This county, an English island, is home to just over 140,000 people. The IOW has 2 main towns of a similar population size. Ryde is the largest with around 30,000 vs Newport’s 25,000. Smaller locations include Cowes and Sandown that float around the 12k mark. Ryde is known as the “Town on the Beach” and has become integral as the gateway to the island from the many operating ferries. There are up to 200 ferry crossings a day. The Hovertravel company is of note in delivering rides from Portsmouth to this destination in under 10 minutes. This is the UK’s only passenger hovercraft company currently operating and the world’s longest running commercial service, established in 1965.
Doorstep Loans in Ryde, Isle of Wight, South East
The Isle of Wight was the final county to cover in the South East region based on who has the largest sized city/town. It was interesting to explore coverage here, but few options were expected based on the population size in question of 30k. The IOW’s postcodes are assigned on Portsmouth’s PO code. The county codes range from PO30 to PO41. Ryde’s specific postcode is PO33 and when searched this unveiled just the 2 lender options. The lenders that offered coverage locally were Morses Club and Short Term Finance. It was interesting in not seeing Loans at Home make an appearance. We did for reference expand to check Newport’s coverage and the same options popped up.
Ryde Doorstep Loans (Sorted by Alexa Rankings)
1) Morses Club | #330,201
£150 = 0.306% daily (#2)
£300 to £1000 (£100 to £1500)
35 to 52 weeks
Mon to Fri (8.30am to 6pm)
England (all 9 regions), NI, Scotland & Wales
2) Short Term Finance | #5,755,960
£140 = 0.294% daily (#1)
£100 to £200 (all)
14 to 52 weeks (15w first time)
Mon to Fri (9am to 5pm)
England (7 regions)
*Alexa.com traffic rankings are used to sort listings
*Comparison prices are shown for closest term to 35 weeks that is the industry norm
*These prices are calculated as daily rates & then rounded to 3 decimal places
*Population stats as of 2019 (Wiki) are referenced
*You would need to reloan to access the sampled £200 with Morses
Last Update: September 10th, 2021.