Novaloans

Last Updated: 04.06.2019.

Novaloans
Loans Originated
€ 22.6 M
Loan portfolio
€ 3.5 M
Buyback Guarantee
With a buyback guarantee
Skin in the Game
10%
Average Interest %
12.5%
Website: cash4unow.co.uk
Founded: 2012
Employees: 16
Joined Mintos: June 2019
Loan Type: Personal Loan
Country: United Kingdom
Currency: EUR
Effective APR charged to borrowers: 1314%
Loans Outstanding on Mintos: € 1 882 577

About

Established in 2012, Novaloans is authorised and regulated by the Financial Conduct Authority (FCA) and offers loans in the high-cost short-term credit market.

In the UK, the high-cost short-term credit market is highly regulated. However, Novaloans maintains that it has always been committed to responsible lending before market regulators imposed rate caps. This has allowed the company to continue to grow despite a more restrictive environment.

Last Updated: 05.06.2019

Last Updated: 04.06.2019

Last Updated: 04.06.2019

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