Accessible loans

Borrow with confidence

When you borrow from us, we make sure every loan is easy to understand and fair. And because we’re a responsible lender, you know we’ve got your back. With each accessible loan, you’re hitting your personal goals while strengthening our communities.

  • Accessible loan options

    We offer a range of credit union loans. Whether you save a little or a lot, our flexible lending criteria allow you to access the funds you need, when you need them.

  • No hidden fees

    Transparent terms with no hidden fees or early repayment charges, clear costs, and straightforward conditions ensure you always know what to expect.

  • Build your credit

    As you repay your loan, you’re building your credit score. We report your repayments to help you establish a positive credit history.

  • Supporting communities

    Since we’re a not-for-profit, we put our funds right back into community projects and sometimes even send dividends and interest rebates your way.

Family Loan

Build your savings and borrowing power. Our Family Loan is open to new and existing members and is suitable for those looking to increase their borrowing potential for bigger financial goals.

  • 30.3% APR (based on 19.6% annual rate or 1.63% per month reducing balance)
  • Borrow up to £800
  • The maximum term for this loan is 12 months.
  • Open to members aged 18 and older
  • Members must save at least £2.50 per week with this loan.
  • This loan must be paid via Child Benefit Direct.

Salary Saver Loan

This product is designed to provide ethical lending and saving to partner companies. All applicants must sign up to become a member and be willing to have payments made from their salary.

  • 21.53% APR (19.6% Annualised Rate, 1.63% per month)
  • Borrow up to £1,500
  • Open to new members and existing members
  • The maximum term for this loan is 24 months.
  • Members must save at least £2.50 per week, (£10.00 per month) with this loan.
  • Loan paid via your employer’s Salary Savings Scheme.

Saver Loan

Build your savings and borrowing power. Our Saver Loan is suitable for regular savers looking to increase their borrowing potential for bigger financial goals.

  • This product features variable interest rates, based upon the amount you borrow.
  • Borrow up to £15,000
  • Members must save for a regular basis (13 weeks) before you are eligible to apply for this loan
  • Open to members aged 18 and older

Savings Secured Loan

Borrow money and still keep your savings growing in your saving account. Enjoy low interest rates making repayments manageable.  Spread your payments over a longer period to reduce financial stress.

  • 6.2% APR (6% Annualised Rate, 0.5% per month)
  • Borrow from £5,000 up to £15,000
  • Open to new members without a savings history
  • Loan amount paid directly to members, subject to creditworthiness assessments

Emergency support

Facing an unexpected crisis like job loss or a medical emergency? If you’re an existing member who has previously used our Introductory Loan and maintained a good payment history, we might be able to help. Speak to us about your urgent needs.

Our Loan policies

Curious about our accessible loans? Discover more details, including full criteria and eligibility, by downloading our policy document.

How to apply

You can sign for your credit union loan in person or electronically via an e-signature sent to your email.

Sometimes, a team member might need to discuss your application with you. This is just to get a better understanding of your financial situation and make sure the loan is a good fit.

Before we transfer the funds, you’ll need to sign an agreement for our credit union loans. This can be done either in person or electronically, just like applying for your loan.

 

Need help?

If you’re having trouble with loan repayments, don’t worry! Just reach out to our member solutions team for assistance and guidance. We’re here to support you.