211 reviews

1254% Representative

Will lend between: £100 - £1,000

Over: 14 - 365 Days

Representative example: Representative Example: If you borrow £340 over 97 days at a Representative rate of 1254% APR and an annual interest rate of 292% (fixed), you would pay 3 monthly instalments of £178.11. The total charge for credit will be £194.36 and the total amount payable will be £534.36.

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Nextcredit customer reviews.

211 reviews

4.5 out of 5 stars

Best Customer Service
08:46 18-02-2016
ImageChoose Wisely

NextCredit has helped me in the past several times. Always fast, and courteous.


18:52 14-08-2018
ImageSmart Money People

Avoid at all costs. Relatively extortionate APR and just horrible to deal with

David Fraser

Do not use - scammers
08:49 23-12-2015
ImageChoose Wisely

Took out a loan without doing any research into this company, I know big mistake. They hound you on the phone and make lies about paying and make it difficult for you so they get more interest out of you. Please do not use as there are many good ones out there.


14:14 12-08-2018
ImageSmart Money People

Company claims to be able to help you with your situation but that's total bollicks they say no to you don't waste your time and ruin your credit report further

Steven James

I think they scam people...
13:20 01-10-2015
ImageChoose Wisely

Got a £100 loan out, prior to it being transferred however I had a lady call me to question me about it. They tried to take payment yesterday but work hadn't paid me yet (they had by 2pm). Called at 6pm for them to take payment, girl said it "declined" even though there was plenty of money in my account. I paid them directly via online banking at 6.20pm. Get a call the next day to say I am being charged £12 because according to them they didn't receive it until 10am the next day. Called my bank, said it left my account at 6.21pm the day before... so obvious issues on their end meant I had to pay? Called to say I will pay it, and when I receive the proof from my bank that the money was released the day before can I have a refund. Funnily enough my card worked that time... what a coincidence. The whole company is a hassle to deal with, very slow, unapologetic and quite frankly, likely scam people. Reading the comments above seem very similar. Definitely wouldst use again - stay clear!


All good unless you have a complaint
08:01 23-07-2018
ImageSmart Money People

If you have a complaint stand by for a very very very long wait

Adrian Spriggs

11:25 20-02-2014
ImageChoose Wisely

Took out a £400 PDL feel into financial difficulty, pleaded for time and other options to pay they refused, were very rude and blunt 2months after due date loan balance stand at £1744 they really don't care be warned


Easy experience
05:40 06-07-2018
ImageSmart Money People

Fast service and very helpful on the phone


19:50 15-12-2013
ImageChoose Wisely

Applied for a loan, late on Thursday evening, subsequently advised that my loan is being processed


No loan
11:25 18-04-2018
ImageSmart Money People

Guaranteed loan. Hmm not true in fact utter Rubbish


Our review of Nextcredit

Nextcredit focus on providing an excellent experience, with customer service their priority. The company is based in Gloucestershire and they offer both short term loans and a car repair loan product. This review is based on their short term ‘Instalment Loan’ - their rate puts the product around the medium to high end of the market.

Nextcredit offers loans with a value of £100 to £1000, for between two weeks and a year. Their flat rate, which is charged per day, per £100 makes it easy to keep track of loan costs. The company offer free transfers, early repayment without paying extra interest and quick transfer of funds into your bank account after approval. If you are approved before 4PM on a weekday, the funds will be paid into your account on the same day.


My Verdict: Nextcredit has a very good reputation for providing quality customer service for their short term Instalment Loan. Their transparent application process, flat rate and quick payment have made them a hit with customers. However, a short term loan is a high cost product and you should compare other options and check you are able to afford repayments before applying.

Written by: Chris


  • Fast payment with no transfer fee
  • No early repayment fee

Minimum criteria

  • You must have a minimum income of £500 per month
  • You must be a UK resident
  • You must be over 18 years of age


  • Maximum APR 1495.3%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £12

Nextcredit Customer Question & Answers

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About Nextcredit

Next Credit offer loans between 14 days and 12 months for loans amount ranging from £100 to £1,000. They advertise fast payment fees, 15 minutes after you have been approved and they don't charge any fees for this fast transfer.


Company information

Registration number: 7745512

01631 708602

Unit 10 Basepoint Centres, Oakfield Close, Tewkesbury Business Park, Tewkesbury, Gloucestershire, GL20 8SD

FCA registration

Reference No: 649567

Trading names: Nextcredit

Place of business: Unit 10 Basepoint Centres, Oakfield Close, Tewkesbury Business Park, Tewkesbury, Gloucestershire, GL20 8SD

Data protection registration

Registration No: Z3072810

Data controller: Nextcredit Ltd

Address: Unit 10 Basepoint Centres, Oakfield Close, Tewkesbury Business Park, Tewkesbury, Gloucestershire, GL20 8SD

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