New Loan Options Available for EKCU Members

We are pleased to introduce three new loan options designed to support members with some of life’s important expenses. These products have been developed to meet member needs while continuing EKCU’s commitment to responsible, affordable lending.

Home Improvement Loan

Our Home Improvement Loan helps members spread the cost of essential home repairs, improvements and upgrades.

Key features

• Borrow £1,000 – £15,000
• 7.9% APR fixed
• Repayment terms from 12 to 60 months
• No early repayment penalties

This loan is available to members who own their home and may require proof of home ownership.

Surgery & Cosmetic Loan

This loan provides an affordable option for members planning medical, dental or cosmetic procedures.

Key features

• Borrow £500 – £7,500
• 11.9% APR fixed
• Repayment terms from 12 to 48 months

Applications will require confirmation of the procedure and provider.

School Savers Loan

The School Savers Loan helps families manage school-related expenses while encouraging saving habits.

Key features

• Borrow £500 – £2,000
• 12.9% APR fixed
• Repayment terms from 6 to 24 months
• Includes a linked savings element

Only one School Savers Loan is available per household per academic year.

Responsible Lending

All EKCU loans are subject to status, affordability checks and lending criteria. Our aim is to ensure loans are suitable and manageable for our members.

If you would like to apply or find out more, please contact our team.