Bring your plans to life
As a member of Smart Money Cymru, you have access to a range of exclusive loans, up to £15,000. The more you borrow, the less the interest rate too.
If your employer is part of our Payroll Scheme, then you can also benefit from our Payroll Loans – giving you even lower interest rates than on our usual loans!
Our loans at a glance
Apply for a loan today with interest rates that suit you!
Try out our loan calculator below
Maximum Loan Term :
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Not a Member?
Joining Smart Money Community Bank is the best decision you will make for you and your money. Our members benefit from the lowest lending rates in the community, no transaction charges, no fees and friendly staff available to talk to you about your needs.Join Us
Why borrow from Smart Money Cymru?
A list of the most popular reasons we provide loans on a monthly basis
No early repayment penalties
Quick and easy application
Applications are looked at by humans,
Fixed repayments for up to 60 months
We help you grow your savings while you repay your loan
Our interest rates are transparent, and lower than many high street banks
Frequently Asked Questions
You can borrow money off us for so many reasons. Below is a list of the most popular reasons we provide loans on a monthly basis, but if you can’t see your reason, just contact us to ask.
- New car purchases
- Car repairs
- Celebrating – Weddings, Parties
- Funeral Costs
- Unexpected Vet Bills
- Unexpected Medical Bills
- Christmas spending
- School Uniforms
- Holidays or Staycations
- Debt Consolidation
- Household items (check out the Smart Goods shop here)
Here at Smart Money Cymru Community Bank, we understand that emergencies crop up from time to time and our members may need to access additional credit whilst repaying their current loan with us. As always, we are here to help where we can so advise members to contact us to discuss if any further borrowings are possible.
If you have been refused a loan, the reason for refusal would have been fully explained to you; however, we strongly advise that you continue saving with us to help future loan applications.
We might perform a full credit reference agency search in order to check your ability to repay a loan and also to clarify that the information given on the loan application is accurate. The information we receive from the credit search is used as a tool by our Underwriting Team, as well as many other factors that are taken into account. Please be open and honest with us to enable us to make the right decision.
Smart Money Cymru is a responsible lender and sometimes we need to make sure that you can comfortably afford the repayments before we approve a loan, as well as saving with us. We pride ourselves on providing affordable credit, not unaffordable debt.
Once all relevant documentation has been received, we aim to turn around all loans within 24 hours (this could change during particularly busy periods, such as Christmas). You will be contacted if we have any queries regarding your application.
You can use our loan calculator! This will give you a very good idea of what your desired loan may cost per month, and what the monthly repayments will look like. You can also give us a call to discuss as well.
We wouldn’t provide you with a loan if we didn’t feel that you can repay it and put some money aside into your savings at the same time. We aren’t here to encourage credit for debt, but credit to help you with your finances. We would absolutely ask you to give us a call so we can discuss your personal situation and provide you with advice.
Ready to Apply?
Are you ready to apply or do you need more information on our affordable loans? Click on "Apply Now" button to start your journey right now or click on "Contact Us" button to send us a message if you are unsure about your documentation, or still have other questions. To apply for any of our loans, you will need to be our member, to find out more about joining our community bank click the "Join Us" button below.Apply Now Contact Us Join Us
Need to discuss repayments?
Our credit control team will contacvt you back