For loans over £3,000

Get Smart with a Smart Loan

For borrowing over £3,000 we offer a Smart Loan. 

You can apply to borrow £3,000 – £15,000.

We will assess your finances and perform a credit check.

The annual interest on our Smart Loan is 13.2% (APR 14%) on the reducing balance. This loan cannot be refinanced and is not linked to savings. 

A Smart Loan can be the answer to those more expensive goals that you’ve been planning for a while.

This is how it works...

Download the app

We have a fast and secure messaging app you can do everything over. Whether it’s joining, making a withdrawal or applying for a Smart Loan – it can all be done over Nivo.

Open your account

If you’re already a member, you don’t need to worry about this part.

If you’re not, we’ll need to open your account which will only take a couple of minutes.

7 simple steps

Once your account is set up, we can move onto your loan application.

We’ll walk you through 7 simple steps. We ask you about your income and credit history as well as finding the right level of repayments to suit you. 

Loan goes for assessment

Once the steps are complete – your loan will go forward for assessment.  

We ask that you allow up to 5 working days.

We're good to go

Once our assessment is complete and if your loan is approved – we’ll send over the terms of the loan that we are offering to you.

If you are happy to accept, then go ahead and sign. 

We have an agreement.