You can apply for a loan of up to £7,500 as soon as you have joined Transave. This product will charge significantly lower interest rates than many payday and other short-term loan providers.
We don’t focus solely on your credit score when assessing your loan application. Using Open Banking tools we may also look at your transaction history to get a more complete understanding of your financial situation. This helps to ensure you aren’t unfairly excluded from being accepted for a loan.
At Transave, members’ savings are pooled to provide the funds to pay out loans. You’ll be asked to continue saving whilst repaying a loan.
To allow us to properly assess your loan application, we will also need to to conduct a hard credit search which will appear on your credit file.
How much would you like to borrow?
Over what period would you like to borrow it?
The calculator is for illustration purposes only. Rates may be withdrawn at any time. We reserve the right to refuse any application.