Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

Savvy Loans Alternative

Loans from £100 to £10,000

  • 1 month to 5 years
  • 100% online application
  • All credit scores welcome to apply
  • Paid in as fast as 10 minutes^

 

Secure SSL connection

Your application is sent over a secure encrypted network

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Choose Loan Amount

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Representative 305.9% APR.
Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% pa (variable). Loanski.co.uk does not provide any loan or consumer Credit products directly.

Choose Loan Amount

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Representative 305.9% APR.
Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% pa (variable). Loanski.co.uk does not provide any loan or consumer Credit products directly.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Loans from £100 to £10,000

  • 1 month to 5 years
  • 100% online application
  • All credit scores welcome to apply
  • Paid out in as fast as 10 minutes^

 

Secure SSL connection

Your application is sent over a secure encrypted network

REPRESENTATIVE 305% APR

Loanski offers competitive interest rates compared to some lenders across the market.

Installment Options

Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

Fast Payouts

You can expect fast payouts sometimes within 10 minutes^

Company Number: 

06034431

Company Name:

Valour Finance Limited

Date firm started up business:

20 December 2006

Type of Business: 
Consumer Credit

Loan value range:

300 pounds to 3000 pounds

Loan term length:

8, 12, 16 and 24 months

 

Payout time:

The payout time is usually within 1 hour. A payout can only be made into UK bank accounts.

Head Office Address: The Colony HQ, Altrincham Road, Wilmslow, England, SK9 4LY

FCA Status: Authorised

Savvy Review:

Savvy is an online loan company who supply loans to customers from £300 to £3000.

They are owned by Valour who are a group of companies within the UK FinTech sector. Over the past 10 years, Valour has established themselves very well within the sector, developing and investing in all of the latest technologies.

They have developed their own proprietary software and have achieved fast and organic growth by being committed to quality and diligence. Their customer satisfaction is fantastic as they are always striving for the highest standards.

How the company works:

If you wish to apply for a loan with Savvy then the process is fairly simple. You can apply by filling out their online application form and completing all of the relevant sections. You will be able to select the amount you wish to borrow along with the term you wish to borrow over.

You will be asked about your personal details, including your address information over the past 3 years.

The next section is about your financial details, Savvy will require your income and monthly outgoings. This is so they can assess fully if you will be able to make repayments and can afford the amount you are requesting to borrow.

Savvy is a responsible lender and would never want to put their customers into any financial difficulty, they assess each and every loan application carefully for this reason.

If you are having difficulty with the online system or are unable to access the internet, you can also apply over the telephone by calling: 0330 002 0117.

 

Meaning of the name ‘Savvy’

Savvy [sav-ee] 

noun

‘shrewdness and practical knowledge; the ability to make good judgements’.

 

Why Savvy as a name for a loan company?

Savvy is a very unique and clever name for a loan company. “The ability to make good judgements” suggests that they are able to judge their customers and are able to assess each individual’s circumstances well, in order to offer each one the best loan deal possible.

Repayment method:

Repayment is taken monthly by direct debit on a date of your choosing. Your first payment, however, may be taken directly from your debit card using CPA (Continuous Payment Authority)

 

Do I need a bank account?

In short, Yes! You will need a UK bank account to be able to apply for a loan with Savvy. Your funds will be deposited directly into your bank account. You will also need a debit card that is attached to the account for fraud prevention purposes. Your first loan payment may also be taken off your card and the rest by direct debit.

 

To be eligible to apply for a loan you must fit the following criteria:

 

Age

There is a minimum age restriction of 18 years old to be able to apply for a loan with Savvy.

 

Address information

A UK address will be needed along with your address history over the past 3 years.

 

ID and Income

A full detailed list of your income and expenditure will be required to check if you can afford the loan, without putting too much financial pressure on yourself.

You may also be asked to submit additional information as well as identification. If this is the case then you will be able to submit this online through your Savvy account using a secure system.

 

Penalties

There are penalties if you are not able to repay your loan on time, you may be charged late payment fees and your details could be passed on to credit reference agencies, which may prevent you from applying for any more credit in the future.

Savvy is always willing to help their customers in any way possible, if you know you may have difficulty making a payment then it is advisable to contact them as soon as possible. They may be able to help you set up a more affordable payment plan, which will prevent you from incurring additional fees.

Reviews

Savvy’s score on Trust pilot is the top end with 4.5 stars out of 5. 82% of their reviews are rated as excellent with most of the verified customers stating that Savvys customer service is second to none and the time in which they were able to receive their money was very fast.

After reviewing why they had received 18% bad reviews, Loanski couldn’t find anything major that customers were complaining about. Most were complaining about not being accepted for a second loan or the amount of interest they needed to pay back.

It is important for us to say that Savvy actually display all of their interest rates clearly on the website. You will also be given a loan offer and you do not have to accept if you are not happy with the rate you have been offered. So, before you apply, it is wise to fully read these and understand the amount you will need to pay back.

As for being declined for a loan and top-up loans, Savvy takes responsible lending very seriously. They will not put any of their customers into any financial difficulty and so carry out full assessments of each individual’s financial circumstances. If they think you could be at risk of difficulty, they will not accept your application form whether you are already a customer or not.

 Fast Decision Online Loans

^Subject to lenders requirements and approval, also the time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

As a credit broker, we will receive a fee or commission when a loan application is accepted.

Loanski.co.uk is a trading style of ZR FINANCE LTD and is a free to use credit broking website. ZR FINANCE LTD is authorised and regulated by the Financial Conduct Authority as a credit broker not a lender, firm reference number 834092 and is registered with the Information Commissioner’s Office number ZA319345. ZR FINANCE LTD is registered at 15 Conway Crescent, Macclesfield, SK10 2RU. Company Number 11213186.