Personal Loan

Our unsecured loan is available to members and is tailored to what you can afford and the time you need to pay it back.

When you have saved regularly for three months, you can apply to borrow up to four times your savings. Your loan must be for a provident or productive purpose - to consolidate your credit cards, for home improvements or an unexpected expense or for a larger purchase such as a car or holiday.

You can borrow up to £10,000 at a standard rate of 12.7% APR. Your loan will be tailored to what you can afford with a repayment term of up to 36 months for loans up to £5,000, and 60 months between £5,000 and £10,000.

You must also continue to save a minimum of £10 a month on top of your loan repayment.

Benefits

• Free Loan Protection*

• Free Life Savings*

• Fixed interest rate of 12.7% APR

• Repayment term up to 60 months

• Repayments by payroll deduction or standing order

• No hidden charges

• No penalty for paying off your loan early

• Your savings grow as you repay the loan

• Lending decisions are made based on your needs

• You can top up an existing loan (conditions apply)

Examples of Loans and Repayments

Apply for a loan here

*Loan Protection Insurance and Life Savings Cover are provided FREE up to £7,500.