News

We’re delighted to announce that NestEgg is a semi-finalist in the Rapid Recovery Challenge. Challenge participants are improving access to jobs and money, focusing on those hardest hit by the economic shock resulting from COVID-19. About our solution NestEgg’s financial health app makes it easy for low-income workers to access affordable credit. Moreover, it encourages…

NestEgg is now regulated by the Financial Conduct Authority as a provider of credit information services. This means we can now provide tips to loan applicants on how to improve their chances of being accepted for a loan. Decline to accept in action! How does it work? An applicant wants to borrow. But they’re unsure…

NestEgg is delighted to announce our participation in cohort 6 of the FCA Sandbox. The UK’s regulator is encouraging and supporting innovation in the interest of consumers. NestEgg aims to reduce the number of borrowers using high cost short-term credit. As a result £millions can be saved in excess interest payments. Our mobile app and…

The limitations of credit checking Credit checking helps. Yet when faced with a loan application there’s nothing like seeing a bank statement. However, reviewing paper statements is error prone and causes delays. And for the loan applicant, it’s intrusive and off-putting. As a result, far too many applicants abandon an online application once they’re asked…