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Morses Club review

Morses Club doorstep loans may seem convenient, but are they right for you? Find out below.

As one of the largest doorstep loans providers, Morses Club is one you might be considering if you’re strapped for cash and can’t borrow from a mainstream lender. Morses Club provides small, short-term loans and prides itself on customer service. But there are some major drawbacks to doorstep loans to consider before you decide whether to apply.

What is a doorstep loan?

Although you may be able to begin an application online, a doorstep lender will send someone to your door to arrange and confirm your loan in person, and then each week or fortnight someone will come to collect your repayments, again, at your doorstep.

Doorstep loans have long been criticised for their extremely high interest rates. Many people choose them because of the convenience of small weekly repayments or simply because they don’t have any other options. Doorstep loans have much higher interest rates compared with credit-building credit cards or guarantor loans. Be sure to check out the other options before choosing a doorstep loan, and read our page on doorstep loans.

warning icon Warning: Late repayment can cause you serious money problems. For help, go to

warning icon Please note: High cost short term credit is unsuitable to support sustained borrowing over long periods and would be expensive as a means of longer term borrowing.

Key features of Morses Club short-term loans at a glance

  • Be assigned an “agent” who will always be the one to drop off or pick up your loan. Morses Club prides itself on having friendly agents.
  • Borrow for terms from 20 to 52 weeks.
  • Borrow from £100 to £1,000. First-time loans are limited to £400, but this increases when you have paid off a loan without a hitch.
  • Very high interest. The lowest rates are available on longer terms, but the length of the loan means you’ll still pay much more than you borrow.
  • Begin the application with Morses Club’s online application form.
  • No fees. You’ll only be charged repayments and interest. Morses Club doesn’t charge any arrangement, set-up or late payment fees.

Am I eligible for a Morses Club personal loan?

You should only apply for a Morses Club personal loan if you’re certain you can meet the repayment terms, and you meet the following criteria:

  • UK resident
  • Over 18
  • Live in an area with a Morses Club branch close by
  • Haven’t applied for sequestration or had an individual voluntary arrangement or debt relief order in the last 6 years

Did you know?

In 2015 the Financial Conduct authority (FCA) capped interest and fees on all high-cost short-term credit loans at 0.8% per day.

It also capped all default charges at £15 and the total cost (interest and fees) of loans at 100% of the original sum. This means you’ll never have to pay more than double the amount borrowed.

How does it work?

If you’ve decided that a Morses Club doorstep loan is right for you, follow these steps:

  1. Begin the application online. You don’t need any documentation as this will be checked on your first home visit.
  2. You will receive a notice of whether you have been initially approved and someone from your nearest Morses Club branch will call you to arrange finishing your application.
  3. A visit will be arranged, and you’ll need to show your agent a valid ID as well as proof of income for the Morses Club affordability check.
  4. If you pass all the checks, your agent will give you the money then and there, and they will also arrange a weekly time for them to come and collect your repayments.

How long will it take to get my loan?

Once you’ve been initially approved, you should receive a call to arrange a home visit. How soon this visit is will depend on the amount of available agents in your area, but should be within a couple of days. As your loan is paid out during this visit, the amount of time depends on when an agent is next available.

Morses Club’s website states that some loans are paid out within two days, but it advises that there is a chance it will take a little longer than this.

Morses Club pros and cons


  • Excellent customer service record, with many customers recommending Morses Club.
  • Weekly repayments are smaller and so easier to keep up with.
  • You’ll have the same agent to deal with your whole loan.


  • Really high interest. Like, really, really high interest.
  • You can only get a loan if you live relatively near a branch.
  • There are many cheaper options, and most people will be able to get one of those instead.

How does Morses Club hold up against the competition?

There is a wide range of online short-term loan companies that are regulated by the FCA, and which are not allowed to charge more than 0.8% interest daily. You can compare costs from a selection of lenders like these by using the table below.

How much money do you need to borrow?

How long do you need to borrow over?

Name Product Available Amounts Monthly repayment Total payable
£50 to £800
Representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative 1333% APR and total payable £386.61 in 6 monthly payments of £64.44.
£300 to £800
Representative example: Borrow £400 for 4 months at a rate of 255.5% p.a. (fixed). Representative APR 939.5% and total payable: £597.48 in 4 payments of £149.37.
£150 to £5,000
Representative Example: Borrow £350 for 6 months at a rate of 220% p.a. (fixed). Representative 651.4% APR and total payable £605.55 in 6 monthly payments of £100.93.
£100 to £1,000
Representative example: Borrow £400 for 6 months at a rate of 259.33% p.a. (fixed). Representative APR 947% and total payable: £750.78 in 6 monthly payments of £125.13.
£50 to £1,000
Representative example: Borrow £250 for 74 days at a rate of 292% p.a. (fixed). Representative APR 1300.5% and total payable: £398.00, in 1 payment of £74.00 and 1 payment of £324.00.
£300 to £1,000
Representative example: Borrow £500 for 5 months at a rate of 292% p.a. (fixed). Representative APR 1,297% and total payable: £867.05 in 5 instalments of £173.41.
£100 to £1,000
Representative example: Borrow £480 for 9 months at a rate of 133.1% p.a. (fixed). Representative 535% APR and total payable £959.04 in 9 monthly payments of £106.56.
£100 to £2,500
Borrow £350 for 8 months. Annual rate: 204% (fixed), representative APR 575%, total repayment: £572.80 in 8 monthly payments of £71.60.
£50 to £200
Representative example: Borrow £80 for 29 days at a rate of 292% p.a. (fixed). Representative APR 1281.8% and total payable: £98.56, in 1 payment of £98.56.

Compare up to 4 providers

Important information:
You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Frequently asked questions

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