Our loan products

Benefits of borrowing with us:

  • Quick and easy application process
    Loan decisions are tailored to suit your individual needs and affordability
  • No hidden fees, charges or penalties for early repayment
  • Interest is calculated daily on the reducing balance of the loan
  • Loans can be paid conveniently via standing order from your bank or payroll deduction
  • We help you to grow your savings alongside your loan repayments
  • Loan decisions usually made within 24 - 48 hours


As part of joining as a member, we also offer loans of up to £10,000 towards your new car in partnership with The Credit Union Car Club.

This includes access to discounted rates of up to 35% on a wide range of vehicles from manufacturers such as Ford, Vauxall, Renault, Mazda and many more, all with a full UK warranty.

Handiloan

Borrow £250 - £999*
2.75% per month 38.5% APR

Representative example:
Borrow £500
51 weekly payments of £11.32
Final repayment £11.27
Total repaid £588.59

  • Must have income of more than £125 per week
  • Available to people with a limited credit history
  • Can be repaid over a maximum of 24 months
  • Decision and money within 24 - 48 hours

Everyday loan


Borrow £1,000 - £4,999*
1.17% per month 14.9% APRBorrow up to £10000

Representative example:
Borrow £3,000
35 monthly payments of £102.54

Final repayment £102.22
Total repaid £3,691.12

  • Must have income of more than £16,000 per annum
  • Available to people with a fair credit history (no more than 2 missed payments in the last 12 months)
  • Existing debts less than £10,000 (excluding mortgage/rent)
  • Can be repaid over a maximum of 60 months

 Diamond loan



Borrow £5,000 - £10,000*
0.82% per month 10.4% APR

Representative example:
Borrow £6,000
47 monthly payments of £151.89

Final repayment £151.74
Total repaid £7,290.57

  • Must have income of more than £25,000 per annum
  • Must be a home owner
  • Available to people with a good credit history (no missed payments or defaults in the last 12 months)
  • Existing debts less than £15,000
  • Can be repaid over a maximum of 60 months

 

 

*Important information

Loans are exclusive to our members and savings are encouraged. If you’re not already a member we’ll ask you to join first and deposit £4 to open your account.

Loans available to UK residents and over 18s only. Subject to status and meeting our lending criteria. All applications are also subject to our usual credit checks. We use the Equifax Credit Reference Agency to search your credit history.

Evidence of income/expenditure and debts are required to complete affordability assessment. We reserve the right to offer a different loan product/amount or to decline your application.

We cannot lend to you if you have an active or unsatisfied CCJ, IVA, DRO or Debt management plan or if you are an undischarged bankrupt.