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Credio Loans

More about this Company

Credio is a new type of lending company focused on good value short-term instalment loans from £50-£1000 that can be repaid over multiple months. We are not a payday lender providing credit to the next payday but instead we provide fair and flexible instalment loans at affordable and reasonable price. In fact, we have one of the lowest APR of the current short-term loan market in the UK.  
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Basic Lending Information

  • FCA License Number 631943
  • Lender is a Member of a Trade Association Yes
  • Short Term Lender Yes
  • Instalment Lender Yes
  • Continuous Payment Authority Yes
  • Credit Checks Yes
  • Same Day Transfer Available Yes
  • Loan Length 1 Month to 4 Month
  • Online Account Management Yes
  • Representative Example Installment Borrow £100.00 for 2 months. Repay in 2 payments, first payment in 1 month. Each payment: £61.01. Total repayment: £122.02. Interest £22.02. Interest p.a. 154% (fixed). Representative APR 397.32%
  • Representative Example Short Term

Credio Loans Review

Credio provide loans between £100 and £1000 at affordable and reasonable prices. Theirs is one of the lowest APR’s currently available and they have a fast and fair process with no hidden fees. They offer additional flexibility with loans repaid over 1 to 4 months.