Once you have been a saving member for one month and have savings of £65 or more you can apply for our Signature Unsecured Loan!
These loans are a fantastic way to keep your savings secure and continue to build on your savings whilst paying off your loan. We will agree an affordable repayment plan to suit you.
If you have been a saving member for 1 month and have savings of £65 or more you can apply to borrow up to 4x your savings balance.
Example: If you have a savings balance of £200 you could apply to borrow up to £800.
All unsecured loans are subject to our usual lending criteria (including maximum loans). The minimum loan that can be granted is £250.
You could apply to borrow up to £4999 at 15.4% APR.
For loans above £4999 have a look at our Loyalty Plus Loan.
Compare this to mainstream banks who may charge up to 22% APR for loans below £7500.
Example: £1500 repaid at £135.00 per month over 12 months at 15.4% APR = Total interest payable £119.53.
How to Apply
If you would like to apply for an unsecured loan, you can call into the office and speak to a loan officer or simply click here and download an application form.
Alternatively click here to apply online if you have previously applied to access your account online.
If you have not previously registered to access your account online you can do so by clicking here. All you need to register is your member number.
If you would like any further information or would like to discuss repayment terms, please call us on 01355 224771.
Please note we can ask for proof of income and expenditure at any time and may complete a credit check.