Not found what you’re looking for? Enter your question below. If you are an existing member, please remember to include your member number so we can find you.

Borrowing Money


Thrift goes beyond regular saving for future needs.  Credit unions have a major role to play in enabling members to make the best of their resources.  This means:

  • Making available, when needed, low cost credit
  • Helping members to save for future needs
  • Being approachable 
  • Helping them to keep their level of debt under control
  • Offering free insurance protection on savings and loans
  • A credit union gives flexibility for savings and loans

PLEASE REMEMBER: Loans are made from other members savings, DO NOT apply if you can't afford to repay these members their savings back again.

Truth-in-lending, with no hidden costs and no penalty for early repayment is the policy of the credit union movement.  Members are encouraged to continue saving particularly while repaying a loan:

Typical example of £1000 loan borrowed over 12 months

Source of Credit Typical Interest Rate Monthly Repayment Total Interest Savings on Interest
Credit Union 26.8% £95.00 £134.09 -
Credit Cards 39.9% £99.50 £193.86 £59.77
Door Step Lender 275% £159.00 £906.84 £772.75

Why Choose A Credit Union Loan?


Free Insurance Protection
FREE INSURANCE PROTECTION

Low Interest Rates
LOW INTEREST RATES

No Early Repayment Penalty
NO EARLY REPAYMENT PENALTY

No Hidden Fees
NO HIDDEN FEES

Flexible Payment Terms
FLEXIBLE PAYMENT TERMS

How Do I Apply For A Loan


Only credit union members can apply for a loan.  If you are a member you can log into the members area, via the Account login button on the right hand side of this page, to access an online loan application form.  If you are not a member, why not join today so that you too can enjoy the benefits of Credit Union membership.  All members must provide recent proof of address and photo identification with their application.

PLEASE REMEMBER: Loans are made from other members savings, DO NOT apply if you can't afford to repay these members their savings back again.

In addition to loans, joining a credit union offers a whole range of benefits.  What are you waiting for?

Pay & Apply