LOANS

Credit Unions promote responsible lending and do not lend more than you can afford to repay. We do this by:

  • Promoting good money management – we encourage members to save as well as borrow money
  • Provide loans with fair and reasonable interest rates
  • Training  members to use money wisely and manage their finances

 

Credit Union interest rates are capped which makes us considerably cheaper than some lending options. We also offer flexible repayment terms without penalties and hidden costs. We often lend where mainstream lenders won’t.

  • Quick and easy online application
  • Clear interest rates which are fixed
  • No application or early repayment charges
  • You can grow your savings as you reduce your loan balance
  • Weekly, Fortnightly, 4 weekly and Monthly repayments available to suit you
  • Decisions usually within 24 hours

All loans are subject to status and meeting our lending criteria.

Click here to apply for membership

 

Take a look at our products and rates below. You already know we’re miles cheaper than Payday and Doorstep Lenders, but did you know we can also beat the Bank rates?

For people with poor credit history who are looking to build their rating.
Ideal for people who are:

£200 – £1999 at 42.6% APR
£2000 – £3000 at 26.8% APR
  • on the voters roll
  • have less than 2 CCJs
  • CCJs for less than £1000
  • have not been declared bankrupt in the last year
  • are not in a debt management plan*

A Flexi-loan can help you manage regular costs such as running your car or paying for a holiday.  You get a credit limit based on your circumstances and you can request instant withdrawals up to that amount whenever you want. It’s quick and easy to manage and it takes away the burden of regular form filling. You make regular repayments to clear your balance and build up savings at the same time.

For existing or new members with good credit rating.

Ideal for people who:

  • Are on the Voters Roll
  • Have a good credit history
  • Have not had a CCJ or default in last 3 years
  • Have been at the same address for more than 3 years
  • Have been with the same employer for more than 3 years*

This loan is not secured upon your property

£1000-£2999 @ 17.5% APR

£3000-£4999 @ 14.7% APR

£5000-£7499 @ 8.3% APR

£7500 – £10000 @ 6.2% APR

Ideal for people who:

  • Have a good credit history
  • Have not had a CCJ or default in last 3 years
  • Have been at the same address for more than 3 years
  • Want to make penalty free over or early repayments
  • Have been with the same employer for more than 3 years*

£1000-£2999 @ 17.5% APR

£3000-£4999 @ 14.7%APR

£5000-£7499 @ 7.4% APR

£7500 – £10000 @ 6.2% APR

Ideal for people who:

  • Work for our Payroll Partners
  • Have a good credit history
  • Have not had missed payments in the last year
  • Have a history of managing credit well*

*please note that meeting these does not guarantee acceptance

 

Have more questions? Check out our Loans FAQ for more info!

 

For tips on how to improve your credit score visit our Credit Score Page

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