You should always refer to your loan agreement for exact repayment amounts
as they may vary from our results.
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Comparisons Work
Fernovo
Calculate Your Loan Cost:
Choose the loan type you require then adjust the sliders to calculate the cost of your loan.
Representative Example
Representative Example: Total amount of credit: £300, duration of the agreement: 90 days. Interest: £92.85. Three payment of £130.95, total amount repayable £392.85. Interest rate: 180% pa fixed. Representative 447.50% APR.IMPORTANT INFORMATION:
Lender Overview
Fernovo Loans
Fernovo are online short term loan lenders offering loans of between £100 and £1000 from 1 to 6 months. Fernovo offer full online account management and you can always save money by repaying early.When can I get my loan?
Fernovo loans can be funded 24/7 and for approved loans, funds are sent within 15 minutes via Faster Payments which is free of charge.
How do I repay my loan?
Fernovo will collect your loan repayment from your debit card on the agreed repayment date. It is important that you ensure the funds are available to collect on the agreed date.
What happens if I can't pay my loan on time?
If you are unable to make your scheduled payment for your loan, you should contact the Fernovo team as soon as possible on 020 3476 5171 and they will endeavour to help you and may be able to offer alternative repayment options. Fernovo may charge you a one time fee of up to £15 if you miss a payment.
Application Criteria
- You must be at least 18 years old to apply for a Fernovo loan
- You must be a UK citizen
- You must have a UK bank account and have a valid debit card
- You must be in regular, paid employment or self employment with a regular income
How is this lender regulated?
- Fernovo are authorised and regulated by the Financial Conduct Authority
- Members of the Consumer Credit Trade Association
WARNING:
Late repayment can cause you serious money problems. For help, go to The Money Advice
Service