Applying is simple
Apply securely using our mobile app You must be aged 18 or over. All applications are subject to credit and affordability checks. Once we have everything we need, decisions are usually made within 24–48 hours.
Homeowner Loan
Available to homeowners. Borrow up to £15,000 for home improvements or other major projects from your credit union. Representative APR 9.92% for a £5,000 loan.
Member's Loan
Borrow from £100 to £15,000. Ideal for anything from a car to a holiday or spreading the cost of new furniture. Repay over up to 5 years.
Payroll Loan
Affordable loans from £100 to £15,000 at competitive rates, depending on your circumstances. Discounts offered on loans over £1,000. Representative rates on our website. Monthly repayments direct from salary.
Savings Secured Loan
Borrow from £500 to £15,000 using your savings as security. Fixed rate of 5.85% APR. No credit check required.
Family Loan
Ideal for those who receive Child Benefit. Apply for up to £500. Repayments are made directly from your Child Benefit, which is paid into your account with us.
School Uniform Loan
Ideal for school and college expenses. A convenient way of spreading the cost of back-to-school essentials. Borrow from £100-£500, either through our Family Loan or Member’s Loan. APR rates depending on the amount borrowed.
Loans FAQs
Have a question? Check below to see if it is answered in our Frequently Asked Questions.
- We offer fair and competitive interest rates [which are subject to your personal circumstances]
- Repayments are calculated based on the amount you want to borrow and the period you want to borrow over. We will always ensure that payments are affordable based on your current circumstances.
- There are no arrangements fees and we won’t charge a penalty if you want to repay your loan early
- Interest is charged daily.
Just like any regulated financial services provider, we will look at your income and expenditure and do a credit check. To help us make a decision we will review the following:
- Your current credit commitments, such as mail order accounts and credit cards (we will do this through Open Banking or copies of your bank statements)
- A credit check through TransUnion which will show us whether you are meeting your current commitments, including ‘buy-now pay-later’ lenders like Klarna, Clearpay and Zilch
- Any previous borrowing record with us
- Evidence of gambling issues or debt caused by gambling
- Whether you are in a debt management plan or any form of insolvency, such as a Debt Relief Order (DRO), an IVA or a bankruptcy.
- We normally ask you to repay at least 50% of your original loan before we will consider another application. We we will then look carefully at your outgoings and income, making sure that you can afford to repay what you borrow, requesting a credit reference check via www.transunion.co.uk.
- Any ‘top up’ loan will replace your existing loan so that you only have one regular payment. If you have already paid off your borrowing but would like another loan, you can use our loan calculator or contact the team through the mobile app to find out more.
- Details of your income and expenditure
- Permission for us to have access to Open Banking so that we can view your recent banking history and
- Your payslips (if applicable).
- No arrangement fees
- No early repayment penalties
- Interest calculated daily
- You will be required to make a linked savings pledge to help you build a savings habit
- Flexible repayments (weekly, 4-weekly or monthly)
- Discounted rates available if you work for one of our partner organisations
- Debt consolidation loans up to £5,000 will be considered
