Five friends holding snowboards and skies together

Enter SNOW14 for £25 off your Smart-Pig Loan

It’s Term 1: you’ve already paid for your bus pass, next year’s rent deposit, all those week 1 reunions parties, and now the chance of a lifetime has come to go on snow tour and get piste.

We loved our student ski tour, but remember that paying for  it left us feeling the pinch and a bit sensitive to other short term money problems until our next student loan arrived in January.  And even once we’d run that gauntlet, running out of money on tour was no fun at all.

To help, we’ve created a code for our site.  Enter SNOW14 during your application to get £25 off your Smart-Pig loan.

Uses of the code are limited and it may be withdrawn at any time. For new customers only.

We are also looking to Sponsor a University Ski Club.  If you are interested get in touch.

Our short term loans for students cost 0.7% per day plus a 7% initial fee to a maximum of 50% of the amount borrowed. Representative example APR 1089%, based on amount of credit of £250 for 56 days.  Interest: £98.00. Interest rate: 256%pa (fixed). 7% Initial fee: £17.50 Total to repay: £365.50.


Smart-Pig Header

Welcome to Our Blog is the Student Lender launched in 2012 by students at Warwick and Herts uni , in order to give students looking for a short-term loan a better deal.

We are not the same as other short term lenders.  Smart-Pig was actually a spin-off from a protest against short term lending that thought out of the box, rolled up our sleeves and went to head to head with the big ugly giants. One of our founders had a terrible experience with a certain straight-talking lender after they talked his balance straight up to silly levels and sucked his whole student loan away without permission.

Smart-Pig was started partly using one of the government’s fantastic youth Start-Up Loans.  We were a nominated in 2013 for Rockstar Youth Best Overall Business and in 2014 were a finalist for alternative lender of the year.

What we do Differently

  • Grace Period – no extra fixed late payment or penalty fees if you miss you due date, for up to 10 days. Just in case.
  • Safety Net – our voluntary, pre-due interest cap (the first in short term lending)
  • No Rollovers – Our short term loans don’t turn into long term ones
  • Ethical Pledge – the way we treat our customers is never going to change!
  • Founded by Students for Students – no-one knows student money like we do.

Payday Loan Alternative

We see Smart-Pig loans as a payday loan alternative and not regular payday loans, although they do come under the FCA definition.  This is because our company really does genuinely work very differently – especially when it comes to the hidden stuff you don’t really see. It’s all because we were set up as an ethical lender from the ground up, meaning our pricing, loan terms, tangible ethical safeguards and internal procedures all have student’s welfare in mind.


The Great Hamper

It’s that time of year when many students will be  returning to Uni or starting University for the first time.

As we all know it can be a hectic time, we’re giving away a Hamper to a lucky student to help you get settled into digs.

Inside the Hampers, you’ll find:

  • £50 Tesco Voucher
  • £50 Amazon Voucher
  • 1 Kettle
  • 1 Toaster
  • 10 Tins of Baked Beans
  • Loads of Tea Bags and Coffee (to help you through the exams)
  • Toilet Roll
  • Student Cook Book

To be in for a chance of winning all you need to do is like our Facebook page and share the post.

The winner will be announced on 29th September 2014, so good luck everyone!


We’ve Upped the Prize to £3,500!

After a lot of your Facebook messages, we were shocked to learn how much rent has gone up by!

We vowed to help students at university with ethical small loans and meaningful competitions that’ll make a difference to uni life.

Therefore, following all your comments, we’ve now increased the Term’s Rent Prize to up to £3,500, to be in for a chance of winning, just like our Facebook page.

Remember, if you share the Facebook post or page, you’ll gain an extra entry .

For more information visit us at

So spread the good  news and the best of luck to all.



Borrowing £250 + Interest & fees* £125.00 Until 22/04/2015
Total to repay £375.00
Representative Example APR: 1089%
*Amount of credit: £250 for 56 days. Interest: £98.00. Interest rate: 256%pa (fixed). 7% Initial fee: £17.50 Total to repay: £365.50.

The Term’s Rent Competition is Back!

The Term’s Rent Competition is back for your chance to win.

The student loan company started by students Shreiff Benaziza and Tom Parks, is giving away a whole term’s rent, up to £3,500, to one lucky student who has Liked their Facebook page!

Last Year we gave £1,200 in cash to winner Rob Berry from Worcester University.

Because no one knows student money like we do, is the trusted Short Term Loans Company used by over 20,000 students.

Here’s why you’re safe with us,

  • Grace Period - 10 days without extra late fees if your payment is delayed
  • Safety Net - Never owe more than 50% of what you borrow in interest, even if something unexpected happens.
  • No Rollovers - Our short term loans don’t turn into long term ones
  • Ethical Pledge - We have made a pledge to always treat our customers fairly
  • Founded by Students for Students- We understand your income and needs

To be in for a chance of winning, just Like us on Facebook.

The prize will be announced on 19th December 2014, and will be the winner’s weekly rent payment (excluding bills) multiplied by the number of weeks in their university or college’s 2014/15 Term 1, to a maximum of £3,500.

Best of Luck from all at

one to use yes

We’re Ahead of the FCA

Long before The FCA announced rules on capping interest rates and fees and a much needed shake up of short term loan providers, was already ahead of the game.

We started whist at University to give students who use short term loans in emergencies a much better deal. We recognised that there was a lot wrong with the industry and we experienced it first hand when one of the founders took out a short term loan in 2nd year of uni.

We were the first short term lender to introduce a 10 day grace period and cap our late fee’s to £15 – When other short term loan providers were charging upwards of £30 in late fees, set our late fee to a sensible limit long before the FCA’s recommendation. Not only that, but you get 10 days grace to put things right before any late fees are put on at all.

We were the first Short Term Lender to introduce an interest cap – We go much further than the FCA’s new 100% cap. At we don’t allow anyone to owe more than 50% of what they borrowed, even if you get into financial difficulties (plus a £15 late payment admin fee). Our daily interest has always been 0.7%, even lower than the FCA’s new limit.

We were the first one among short term lenders to recognise student spending habits – We allow you to borrow right up until you get your next student loan, meaning you don’t have to keep rolling over loans and paying uncapped interest each month!

We’ve got Sensible Limits – We’re here to help, when we were at uni we understand all the finances you’ll have to juggle. So unlike other lenders, we do not keep upping your credit limit to the point where you’ll owe more than you’ll get.

We’ve got a Community– We’ve had over 19,000 applicants use us and we’re growing fast.  Every term we give away a term’s rent in cash to one of our 13,000 lucky followers on Facebook. We’ve also given away a PS4, an XBOX one, shopping vouchers as well as top tips and advice on everything student.

No One Knows Student Money like Smart-Pig.