Smart Loan
For a low-interest loan
Borrow up to £15,000 from 14% APR
- Competitive interest rates
- Affordable, flexible repayments
- No hidden charges or fees
- Quick & easy application
For that dream holiday, new car, or any of your bigger goals in life
Use a Smart Loan to achieve your goals by spreading the cost with a low-interest loan on terms that suit you
Want to borrow £1,000 - £3,000?
A Smart Loan under £3,000 is charged at 26.8% APR. Click the button below to calculate the cost of your Smart Loan under £3,000 👇
How to apply
There are now two ways to apply for a low-interest loan online
Online form
New members can use our simple online application form to apply for their first loan
All we ask for is some basic information, and we’ll be in touch within one working hour to fill in the rest – it’s that easy
Mobile messaging app
All members can use our secure mobile messaging app to complete a Smart Loan application
You can complete the full application and ask us more about our other low-interest loan options all in one place. Don’t worry, all messaging on our app is encrypted, so your personal documents and data are all safe and sound
John’s Story: Buying my dream car
A dream car come in all different shapes and sizes. If you picture yourself in yours right now, you’ll be grinning from ear to ear. This was exactly the feeling John got when he purchased the car of his dreams. Thanks to John’s saving ability and a credit union smart
Why choose our Smart Loan?
We are able to offer competitive interest rates. You’ll never be charged more than 3% monthly interest!
99% of our 790+ Google reviews are 5 stars, something we are incredibly proud of. Our members show us lots of support and appreciation for the service we provide
Repay your low-interest loan with flexible repayments on terms that suit you. We know everyone’s finances are different and there’s no one-size-fits-all approach, so we work with members to find the best possible way forward for your finances
Get a decision on your Smart Loan within 5 working days. Speed matters and, with our experience, we are able to work quickly to get back to you with a decision and next steps
Keep your mind at ease with no fees, charges, or penalties. If you have any questions about your Smart Loan, repayments, or anything to do with your account, just send us a quick message on our secure messaging app
Save whilst you repay and enjoy your savings once your loan is repaid. Everyone who borrows from us saves too, so you don’t have to stress once your loan is repaid. Leave your savings here to access more low-interest loan products and continue to save, or enjoy your nest egg
Looking for something a little different?
We offer a range of loan products specifically designed to meet the needs of our members.
Looking to borrow a smaller amount? Making your life greener? Want a new car? There’s a loan for everyone.
What to expect
You can apply for a loan right away! Simply fill in our online loan application form and we’ll be back in touch within 1 working hour. We’ll then finish signing you up and guide you through the application process.
Our members most often find repaying through a standing order to be easiest option. If you are employed by one of our payroll partners, your loan repayments can be taken directly from your wages through payroll deduction, so you’ll never have to see the money leave your account. If you’d prefer to call into the office, feel free to pay by cash.
Interest on all of our loans is calculated daily on the reducing balance of your loan. With every repayment you make, you clear the interest accrued since your previous repayment and your interest is then calculated for your next repayment on the reduced balance – the lower your balance, the less interest you pay.
