• Welcome to Smart-Pig.com

    Out of cash until your next student loan? Smart-Pig lets you borrow up to £350 in an emergency.

    Just enter the date of your next loan payment and start your application today.

    Apply Now
  • Life's Little Problems

    We know student money never goes to plan! That's why your Smart-Pig loan is flexible.

    There are No Late Payment Fees for your peace of mind, and you can pay early or top up your loan.

    Apply Now
  • Founded by Students

    We weren't happy about other lenders, so we made our own on our own terms.

    Meet the University start-up with the only short term loans designed just for students.

    Apply Now
  • Time's not Money
    It's Your Future

    We know how busy you are at uni, that's why our application process is quick and simple with the money in your account in 1 hour.

    Apply Now
  • Recommended by Students

    Over 89% of our customers said they would recommend us to a friend at uni and we've got customers from Durham to Dundee and Cambridge to Canterbury

    Apply Now

Representative Example APR 1084% based on credit: £200 for 48 days. Interest: £76.80. Interest rate: 292%pa (fixed). Total to repay: £276.80


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The best loan company on the net without a doubt.

– Mohammed

Thank you to everyone at Smart-Pig, it's almost unbelievable to see...

– Zakk

Short-term, Personal Loans for Students in 60 Minutes

Smart-Pig.com was created in 2012 by students at the University of Warwick and University of Hertfordshire, in order to give people looking for same day loans for students a better deal.

Our personal loans for students are genuinely different from other short term loans, having been created in protest by students unhappy with other lenders.

Smart-Pig is partially funded by the government's youth Start-Up Loans fund and was nominated in 2013 for Rockstar Youth Best Overall Business. We are finalists for Alternative Lender of the Year 2014 and 2015!

What we do Differently

  • No late payment or other fees, for your peace of mind.
  • 50% Interest Cap - Even if you run into trouble with your loan, it will never cost more than 50% of what you borrow. This is HALF of the 100% cap most other online lenders are allowed to charge.
  • No Rollovers - Our short term loans don't turn into long term ones
  • Flexible - Top up, extend or pay back early all from your account online
  • Founded by Students for Students - We understand your income and needs

How Much Does it Cost?

0.8% per day, but we stop charging interest once this reaches 50% of what you borrowed. For example, to borrow £100 costs £5.60 per week, but the most you could owe in interest, even if you ran into trouble, would be capped at £50. To compare, a standard Halifax unauthorised overdraft for this amount would cost £5 per day.

You can never owe 1000's of percent in interest - this is just how the APR calculation works, which is more sensitive to loan duration than cost. The Annual Interest Rate (AIR) is 0.8% x 365 days = 292%, but remember we have a 50% interest cap that is not reflected in the APR or AIR. Be careful - companies with lower representative APR's may have higher interest rates or higher interest caps, simply because they write longer loans on average.

There are no other fees, including no late payment fees.

How Quick?

Successful loans are paid within 60 minutes of application, 9am-8pm 7 days a week. Please ensure you can be contacted in case there is a problem with your application. You must be in receipt of a student loan in the UK.

Student Payday Loan Alternative

Smart-Pig private student loans are a student payday loan alternative, rather than payday loans, because our pricing, loan terms, tangible ethical safeguards and internal procedures mean our company works very differently from typical payday loan companies. Our Interest cap and no hidden fees make us the best option when it comes to instant cheap loans for students with a student loan in the UK.


Late repayment can cause you serious money problems. For help, go to: www.moneyadviceservice.org.uk

Your University may be able to offer financial support and advice.