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We understand how important having a reliable form of transport is, and for many people that means having a car that they can depend on to get from A to B. If it's time to upgrade to a new model, purchase a bigger car to carry a growing family or even buy your first car, our car loans can help make it happen.

Our car loans are an affordable way to get you behind the wheel, and give you the purchasing power of a cash buyer.

Did you know that our car loans are not just for buying a reliable used car or a brand new one? If you enjoy your current car and just need a few repairs doing to get you back on the road, our car loans can help with that too!

With every car loan from CLEVR Money we make sure you understand exactly how much you’ll be paying back every week or month and what the total interest charge will be.

We charge fair interest rates on a car loan to everyone who takes one out with us and we work with you to set up a payment plan which we know you can afford. In addition to this, we work in a completely transparent manner, meaning you can be certain that there are no hidden fees, no set-up charges and no penalties if you’re able to pay the home improvement loan back ahead of schedule.

Once you’ve provided all the information we’ve asked for, we’ll process your application as quickly as we can. If we approve a loan, the funds will be transferred to your account, putting you in the extremely enjoyable position of having genuine choice, of being able to go out and buy the items you need, safe in the knowledge that you can easily afford them.

Apply for a home improvement loan online or call our loans officers to book a loan appointment. If you want to have a chat about our loans before applying, give our loans officers a call on 01253 478390.

Don’t wait around, get yourself behind the wheel with a flexible and affordable loan from CLEVR Money!

In order to apply for a Car Loan you must:
  • Live or work within our Common Bond area
  • Be at least 18 years old
You must not:
  • Be bankrupt, in a DRO or IVA
  • Have had any outstanding CCJs within the last 24 months
  • Have missed any repayments on credit within the last 6 months
  • Have had any defaults within the last 12 months
  • Have arrears on a credit union loan
  1. The Lender will lend and the Borrower acknowledges that they have received, the sum borrowed under this agreement. The Borrower will repay the Loan (i.e. the Total amount Owing) by the repayments set out in the loan details above.
  2. Interest will be charged daily on the unpaid balance of the Loan and any unpaid interest at the rate set out in the Loan details above.
  3. The Borrower has the right to settle the Agreement early at any time by paying in full the balance of the Loan and any unpaid interest outstanding. The Lender will, on request, provide the Borrower with a written statement of the sums which have been paid and which remain outstanding under the agreement.
  4. The Borrower acknowledges that the details given on the Loan Application for this agreement are complete and correct and will inform the Lender immediately of any change in financial circumstances that may reduce their ability to repay the Loan, or of any change in their address.
  5. If the Borrower fails to pay any amount due to the Lender under this agreement, or breaches any of its terms, the Lender has the right to demand early repayment of all or part of the balance of the Loan outstanding, together with any unpaid interest and any additional costs of collection including court fees and administration fees. The Lender will give the Borrower written notice not less than seven days before taking any action to recover any such sum.
  6. The Borrower acknowledges that, if any loan payments are not paid, or are not paid at the agreed date, this may result in the Total Amount Payable under the Agreement being greater than the sum set out in the Loan details.
  7. The Borrower will be liable for any costs the Lender incurs in recovering sums due under the Agreement
  8. If a ‘Borrower and ‘Joint Borrower’ (or ‘Guarantor’) are named on the agreement, the liability of each shall be Joint and several.
  9. The Borrower agrees to assign to the Lender all paid shares, and payments on account of shares, which the Borrower has or may have in future in the credit union, as security for payment of the Loan and for interest or expenses which may become due and the Borrower authorises the credit union to set off or apply any or all such shares towards payment of the Loan, interest or expenses owed by the Borrower.
  10. While the borrower is in the employment of a Credit Union Payroll partner employer, The Borrower authorises BFWCU to contact their employer to take payments by payroll deductions (if applicable) in accordance with this agreement and that while an outstanding balance exists such deductions may not be reduced during the term of the loan without the agreement of the Credit Union.
  11. Shares to the value of one month’s loan payment are attached during the course of the loan agreement. Withdrawals may not be made of any amount that would reduce the share balance below the level of one month’s loan repayment plus £5 minimum account balance.