Know your options

If you need to borrow money and are thinking of getting a payday loan or borrowing from a loan shark, stop to consider your options.

Consider talking to your local credit union first. Whether you’re looking to borrow to help with an unexpected household expense, to spread the cost of a purchase or to pay for a larger purchase such as a car we have the right personal and affordable loan to suit you.

We offer an alternative

Our loans are low cost, fair and flexible. We do not charge set up fees or penalise for early repayment. In fact, you might be surprised by how much you could save on the cost of your loan.

If you need a loan and you live or work in Stroud District or Tetbury, come to Stroud Valleys Credit Union. Don’t go to a payday lender!

Low Interest Rates

Credit union interest rates are capped by regulators and loans are considerably cheaper than many other lenders.

Low interest loans are available to members who can show that they are able to afford the repayments. Stroud Valleys Credit Union will not offer you a loan you cannot afford.


Loan cost comparison

Calculation represents a £1,000 loan over a 6 month period

Loan ProviderMonthly paymentsTotal InterestTotal repayable
SVCU Starter Loan£184.60£115.24£1115.24
Provident (based on weekly payments)£260£560£1560

Peace of mind

SCVU is a locally based and ethically run organisation.

We are regulated by the Prudential Regulatory Authority and the Financial Conduct Authority so your money is safe with us.

Fair and Reasonable

SVCU is a not for profit organisation and we do not have shareholders. Any surplus profit or interest earned on loans is either put into reserves or paid back to members as an annual dividend.

Members are encouraged to save as well as borrow money and to manage their finances in a sustainable way.