Novuna Personal Finance: verified facts and rating
Checked 2026-10-30
Score breakdown
67% backed by facts · How we rank
Novuna Personal Finance against the market
The dot is the company, the line is the median of all companies in this ranking.
Published rate, % of country reference86%333%100% · median 99.5%
Support hours a week39 h84 h39 h · median 55 h
Maximum amount, % of country reference86%143%100% · median 100%
Longest term84 mo120 mo84 mo · median 90 mo
Novuna Personal Finance strengths and weaknesses
Pros
- Licence confirmed by the official list or a stated licence number
- Publishes how to complain
- No arrangement fee in the standard terms
- Terms state that early repayment is free
Cons
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All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | Not verified | — | |
| Licensed by the regulator | Yes Financial Services Register no. 704348; Mitsubishi HC Capital UK PLC, authorised and regulated by the Financial Conduct Authority | novunapersonalfinance.co.uk | 2026-10-30 |
| Published rate, % of country reference | 100% Representative Example - A loan of £7,500 over 5 years: rate of interest 6.9% p.a. (fixed), 6.9% APR Representative, monthly repayment of £147.44, total repayment of £8846.40. Representative on £7,500 to £25,000 over 5 years · APR 6.9% · index 100 = 6.9% (median at launch) | novunapersonalfinance.co.uk | 2026-10-30 |
| Free early repayment | Yes We won't charge you penalty fees if you want to settle your loan early or make extra payments either | novunapersonalfinance.co.uk | 2026-10-30 |
| No arrangement fee | Yes No upfront fees, hidden charges or surprise costs | novunapersonalfinance.co.uk | 2026-10-30 |
| Fees or terms published | Not verified | — | |
| Complaints procedure | Yes | novunapersonalfinance.co.uk | 2026-10-30 |
| Online application for new customers | Yes We're not a bank, so you don't have to be an existing customer or have any kind of membership card to apply. (online application form linked from the page) | novunapersonalfinance.co.uk | 2026-10-30 |
| Support hours a week | 39 h 0344 375 5500: Monday: 9am to 5pm, Tuesday: 9am to 5pm, Wednesday: 9am to 5pm, Thursday: 10am to 5pm, Friday: 9am to 5pm, Weekends & Bank Holidays: Closed | novunapersonalfinance.co.uk | 2026-10-30 |
| Maximum amount, % of country reference | 100% Personal Loans, Borrow £1,000 to £35,000 · max 35000 GBP · index 100 = 35000 GBP (median at launch) | novunapersonalfinance.co.uk | 2026-10-30 |
| Longest term | 84 mo between £7,500-£25,000.99 over a period of 2 to 7 years only (24 months to 84 months) | novunapersonalfinance.co.uk | 2026-10-30 |